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Around 45 million sq ft of warehousing space will be ready in the next four years.
Most of these developments are concentrated in 14 locations.
Many tier-2 and tier-3 cities and peripheral locations to these emerging locations offer good connectivity to multiple markets.
Logistics players will have increased activity, providing a thrust to the real estate market.
OTHER FACTORS
A number of infrastructural developments are taking place in these locations, which would increase the attractiveness of these locations in the next 3-5 years. Gurgaon has advantage of being situated with easy access to the dedicated freight corridor.