Strataprop

  Just because a lot of industries depend on warehousing, would it be apt to say that the future of this sector is going to improve by leaps and bounds? If you look at 2019, the warehousing market in India was valued at INR 1501.2 billion, while by 2024, it is expected to reach INR 2821.1 billion with an estimated CAGR of 13.57%. Around 25% of the total logistics cost is accounted for by the warehousing market in India. Currently, the   total warehousing capacity   in India is around 160 million tons. From this around 30% is handled by the private sector, while the remaining 70% is divided between Food Corporation of India, Central Warehousing Corporation, State Warehousing Corporation, some state agencies, and the co-operative sector. https://strataprop.com/insight-details/warehousing-of-goods-is-a-growing-business Address: Bengaluru (HQ) , Galaxy Building, 43, Residency Rd, Ashok Nagar, Bengaluru , Karnataka – 560025.

  Quite an interesting development to note in Maharashtra is the changes made to the reduction in premium for the real estate projects up to December 2021. Real estate can be considered as a barometer of the health of the economy. Growth in real estate not only generates direct and indirect employment, but also helps various ancillary industries. Going by reports from IBEF, the sector’s contribution might reach 13 percent of the Indian GDP by 2025. https://strataprop.com/insight-details/maharashtra-growth-prospects-in-2021 Address: Bengaluru (HQ) , Galaxy Building, 43, Residency Rd, Ashok Nagar, Bengaluru , Karnataka – 560025.