As India is diversifying from being a vital outsourcing hub for Information Technology to being a production and manufacturing portal for several industries, real estate has been booming in recent years. Warehousing is the need of the hour with prerequisites of efficient spaces, feasible placement, and sustainable future for business needs. Here’s a list of parameters to assess for a conducive investment. Location According to the New Indian Express Report : Tamil Nadu has emerged as the top industrial space in terms of land availability contributing 19.59%, with 21,456 hectares of land dedicated to industrial expansion– ‘the highest among other states.’ Chennai, in particular, is attracting a vast FDI (Foreign direct investment) as well as large Indian multi-corporations, owing to the SEZs. With a lower rental structure, Chennai has emerged as the largest industrial zone in South India. Chennai has the two most prominent Industrial clusters– Sriperumbudur-Oragadam Cluster: Mappedu, Ma...
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