realestate

Rapid delivery surge sparks retail transformation through vacant storefronts

Quick-commerce boom sparks real estate transformation through vacant retail spaces

I
ndia's urban fulfillment landscape has expanded significantly between 2023 and 2024, with a minimum of 5-6 million square feet (msf) added across various segments. Quick commerce is driving this growth, accounting for approximately 2.5-3 msf through dark stores.

Vacant storefronts repurposed as rapid delivery hubs in urban retail landscape.