Quick commerce dark stores poised to boost India’s real estate demand
By
Binu Mathew
Quick commerce (q-commerce) companies are poised to significantly impact India’s real estate landscape as they expand their dark store networks to meet the growing demand.
In 2023, the demand for dark store space in India reached an impressive 24 million square feet (msf). According to a joint study by JLL and Miebach Consulting, this demand is projected to grow at a compound annual growth rate (CAGR) of 12 per cent, reaching 37.6 msf by 2027.