Guide
Industrial Property Leasing in India
Industrial leasing covers warehouses, godowns, factories and industrial land taken on lease for manufacturing, logistics, and storage. With the growth of e-commerce and manufacturing in India, leased industrial space is in high demand across NCR, especially along the Yamuna Expressway and Noida-Greater Noida Expressway.
Types of Industrial Leases
- Warehouse / Godown lease — Storage space leased for logistics and distribution.
- Factory shed lease — Built-up industrial sheds for light and heavy manufacturing.
- Industrial land lease — Bare land leased for built-to-suit development.
- Industrial park / SEZ space — Units inside notified industrial parks with common infrastructure.
Key Lease Terms to Check
- Lease tenure, lock-in period, and escalation clauses.
- Monthly rent per sq. ft. and common area charges.
- Zoning and land-use approvals for the intended activity.
- Fire, environmental and labour clearances where applicable.
- Provision for power load, water, and loading bays.
Typical Costs
Industrial rentals in NCR typically range from ₹12 to ₹35 per sq. ft. per month depending on location, specification, and connectivity. Lease agreements usually run 3 to 9 years with rent escalation every 2-3 years. Always have legal counsel review the leave and licence agreement before signing.
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