Vedant H Patel

UH4051

This thesis undertakes a comprehensive examination of the Industrial Real Estate sector, with a particular emphasis on the evolving warehousing segment within the Mumbai Metropolitan Region (MMR). It conducts a thorough analysis of the current stock and supply of warehousing space, tracing its historical development and projecting future trends in these key markets. The research delves into the existing and upcoming industrial policies that influence the warehousing sector's landscape. It critically assesses the growth potential of warehousing, identifying the key drivers that propel its advancement in the MMR. These drivers may encompass factors like e-commerce growth, logistical network expansion, and manufacturing sector shifts. Furthermore, the thesis proposes a data-driven approach to create strategic warehouse clusters. This involves identifying target occupiers within the specified regions and tailoring the clusters to their specific needs. This could include features like cold storage facilities for certain industries or proximity to major transportation hubs for others. By pinpointing potential growth corridors – areas with strong infrastructure development or proximity to upcoming industrial zones – the thesis aims to offer valuable insights for future warehouse development. Finally, the research evaluates potential modifications to existing policies. This analysis considers how adjustments to regulations or incentive structures could further optimize the warehousing sector's growth trajectory within the MMR. By proposing these policy recommendations, the thesis aims to contribute valuable knowledge for policymakers, developers, and investors seeking to capitalize on the warehousing sector's potential in these key Indian markets.