Savills India Pune market watch

Research article

Pune Industrial & Logistics | Year-End 2024

 

Pune Industrial & Logistics | Year-End 2024

Pune witnessed an absorption of 6.7 mn sq. ft. of industrial and warehousing space in 2024 against 5.7 mn sq. ft. in 2023 with an increase of 17.5% YOY.The manufacturing segment accounted for the majority of absorption, contributing 72% of total absorption, followed by the 3PL segment at 12% in 2024. 

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