The demand of warehousing assets is going to grow manifolds as more Indians will buy online rather than visiting physical stores. In keeping with that, companies would need more fulfillment centers and/or warehousing space to cater to this increase in demand.
One of the largest and robust consumption centers in India is Bangalore that has a large young population who are also the most avid demand generators for e-commerce. In this article, we list down a few micro-markets where there is ample supply of warehouses for lease in Bangalore.
1) Nelamangala to Dobaspete around the Bangalore Mumbai Expressway - this stretch has multitude of warehouses for lease with individual box size ranging from 50,000 sq ft to 2.5 lac sq ft. Individual landlords, predominantly, own these warehouses and the prevailing rentals are upwards of INR 16/sq ft/month. There are two ways to enter the city - Yeshwanthpur in the north is one straight road from this stretch whereas Electronic City in the South can be reached by taking the Nice Ring Road. From institutional standpoint, Indospace and Reliance have their logistics parks in T-Begur and Dobaspete respectively.
2) Soukya to Malur around the Old Madras Road - Soukya Road is among the oldest and most preferred warehousing hub of Bangalore. Availability of vacant warehouses is low because of the massive in this micro-market but a number of landlords with landholdings between 4 and 50 acres are willing to build-to-suit. The warehouse rentals are upwards of INR 18/sq ft/month. Soukya is very close to Hoskote that touches Whitefield, a key residential and commercial hub of Bangalore.
3) Attibele is a fast growing warehousing hub close to the Hosur Road and Electronic City hub in the South of Bangalore. It has a couple of large warehousing infrastructure developers that have large of up to 100 acres for development of logistics parks who are willing to build-to-suit. The rentals are upwards of INR 20/sq ft/month as majority of the warehouses for lease in Attibele, Bangalore are new and of superior grade.
For more information of where to lease warehouses in Bangalore, please reach us on +91-9108447825 and/or +91-9108447829, or visit 4FC.