May31 , 2026

    Blue Dart secures 6 lakh sq. ft warehouse in Gurugram on nine-year lease

    Related

    IPA, CMEC and JTTRI Sign MoU to Strengthen India-Japan Maritime Cooperation

    In a significant step towards enhancing maritime cooperation between...

    VOC Port Secures Third Rank in National Logistics Port Performance Index

    V.O. Chidambaranar Port Authority has secured the third position...

    SECL, CWC Join Hands to Strengthen Coal Logistics and Rail Evacuation

    South Eastern Coalfields Limited (SECL), the second-largest coal-producing subsidiary...

    Sonowal Launches Logistics Port Performance Index, Unveils Key Maritime Digital Reforms

    Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal,...

    Share

    Blue Dart Express Limited has leased a 6 lakh sq. ft warehouse on Pataudi Road, Gurugram, for nine years, paying a monthly rent of ₹1.02 crore, according to Propstack documents. The facility, owned by ASD Hotels & Resorts LLP, became operational on June 15, 2025. The warehouse features a chargeable area of 5,83,660 sq. ft along with 1,18,960 sq. ft of additional parking space. Blue Dart has also provided a security deposit of ₹6.12 crore, with the lease agreement including an annual escalation of 5%.

    The move highlights the growing demand for premium industrial and warehouse spaces in Delhi NCR, particularly in Gurugram, which accounted for 47% of leasing activity in H1-2025. Warehouse leasing in the region reached 4.8 million sq. ft in the first half of 2025, marking an 18% year-on-year growth and a 34% increase over H2-2024. Farrukhnagar and Ghaziabad accounted for 27% and 19% of leasing, respectively.

    E-commerce companies drove the demand for warehouses, taking up 30% of leased space, followed by third-party logistics providers at 25% and automobile firms at 19%. Notably, e-commerce-related leases surged 126% year-on-year, boosted by preparations for the upcoming festival season and closure of pending deals in H1-2025.

    Blue Dart’s lease follows several major investments in Gurugram this year. CCI Group announced a ₹227 crore plan to develop 9.5 lakh sq. ft of Grade A warehouse space, while Ikea expanded its North India operations with a 1,80,000 sq. ft Central Distribution Centre in Farrukhnagar in partnership with global logistics firm Rhenus.

    Rising rental rates and land prices underscore the sector’s growth. Warehouse rents have climbed 3–5% overall, with Palwal seeing an 11% year-on-year increase. Land prices in Noida, Greater Noida, and Palwal have surged over 40% in the past year, reflecting strong demand for strategically located industrial and logistics properties.

    Blue Dart’s new facility aligns with the trend of logistics and e-commerce players expanding warehouse footprints to meet growing consumer demand and enhance supply chain efficiency, particularly around seasonal peaks.

    spot_img