Delhi NCR & Chennai continue to lead, contributing nearly half of industrial & warehousing demand during Jan-Sep 2026: Colliers India
Colliers India published market research showing Grade A industrial & warehousing leasing across India's top 8 cities reached 33.3 million sq ft in Jan-Sep 2026, up 26% year-over-year. Delhi NCR and Chennai together drove 47% of demand, while Q3 2026 alone posted 11.4 million sq ft of uptake, a 63% YoY increase and the highest quarterly activity in recent years. New supply rose 19% YoY to 34.5 million sq ft, nudging vacancy up to 16%, and Colliers expects 40-45 million sq ft of full-year 2026 leasing.
Key figures
- Colliers aum
- $110 billion
- New supply yoy
- 19%
- Q3 leasing yoy
- 63%
- Auto uptake yoy
- 70%
- Vacancy q3 2026
- 16%
- Thpl demand share
- one-third
- New supply ytd msf
- 34.5
- Grade a leasing yoy
- 26%
- Q3 2026 leasing msf
- 11.4
- Colliers professionals
- 28000
- Delhi ncr chennai share
- 47%
- Grade a leasing ytd msf
- 33.3
- Colliers annual revenues
- $6 billion
AI analysis
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