Blue Dart Express Limited has secured a 6 lakh sq. ft warehouse in Gurugram on a nine-year lease, paying a monthly rent of ₹1.02 crore, according to documents accessed by Propstack. The facility, located on Pataudi Road, is owned by ASD Hotels & Resorts LLP, and the lease commenced on June 15, 2025. The warehouse offers a chargeable area of 5,83,660 sq. ft and an additional parking space of 1,18,960 sq. ft. Blue Dart has provided a security deposit of ₹6.12 crore, with the lease agreement including an annual escalation of 5%.
The lease reflects the growing demand for high-quality industrial and warehousing spaces in the Delhi NCR region, particularly in Gurugram, which has emerged as a dominant sub-market. In H1-2025, warehouse leasing across Delhi NCR reached 4.8 million sq. ft, marking an 18% increase year-on-year and a 34% rise compared to H2-2024. Gurugram accounted for 47% of the leasing activity, followed by Farrukhnagar at 27% and Ghaziabad at 19%.
E-commerce companies led warehouse demand in H1-2025, taking up 30% of leased space, while third-party logistics providers accounted for 25% and automobile firms 19%. The growth in e-commerce-related leases, which increased 126% year-on-year, is attributed to preparations for the upcoming festival season and closure of long-pending deals in the first half of the year.
The Gurugram warehouse lease follows several other significant investments in the region. Earlier in 2025, CCI Group announced a ₹227 crore investment to develop 9.5 lakh sq. ft of Grade A warehouse space in the city. Ikea also expanded its North India operations with a 1,80,000 sq. ft Central Distribution Centre in Farrukh Nagar, developed in collaboration with global logistics provider Rhenus.
Rising rents and land prices across Delhi NCR underline the sector’s robust growth. Warehouse and industrial shed rental rates have climbed by 3–5% overall, with Palwal witnessing an 11% year-on-year increase. Land prices in Noida, Greater Noida, and Palwal have surged over 40% in the past 12 months, reflecting escalating demand for strategically located industrial and logistics properties.
Blue Dart’s lease represents a continuation of the trend where logistics and e-commerce players are expanding warehouse footprints to meet growing consumer and supply chain demands. With increasing online retail activity, particularly around seasonal peaks, companies are prioritizing proximity to major urban centers to ensure faster delivery and operational efficiency.
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