Infrastructure – warehousing: Growing economy, GST promise much for the sector

With the introduction of the Goods and Services Tax (GST) round the corner and Real Estate Investment Trusts (REITs) likely to be a reality soon, the warehousing sector is looking at bright days ahead. The total warehousing space requirement in the country’s top seven markets — Mumbai, NCR, Bengaluru, Chennai, Pune, Hyderabad and Ahmedabad — is expected to grow from 621 mn sq ft in 2016 to 839 mn…