Strong absorption growth in industrial and logistics leasing propels Mumbai to the forefront in India
Mumbai has emerged as the leading city for Industrial & Logistics (I&L) leasing in India, witnessing a significant year-on-year growth of 22% in absorption. According to a report by CBRE South Asia, the city recorded 5.3 million square feet of leasing activity during the period of January to September 2023, accounting for a 19% share…