This statistic illustrates the area of Grade B stocks across India from 2015 to 2017 with projections until 2020. The area of Grade B stocks across the country was estimated to be approximately 147.4 million square feet in 2020, up from around 126.4 million square feet in 2019.
Area of Grade B warehouse stock across India from 2015 to 2020
(in million square feet)
Grade A is the top tier in a particular market. Some of the attributes include high-end construction and interior finishes, modern design, state of the art mechanical systems and a variety of property amenities. They are usually the best in class assets that command the highest possible rents in their respective submarkets.
Grade B properties are a step down from Grade A in terms of quality. It is common that an asset becomes Grade B due to age. Grade B buildings are in good conditions and achieve above average rent. Historic assets get Grade B category as they are technically outmoded.
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JLL. (September 5, 2018). Area of Grade B warehouse stock across India from 2015 to 2020 (in million square feet) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/926462/india-grade-b-warehouse-stock-area/
JLL. "Area of Grade B warehouse stock across India from 2015 to 2020 (in million square feet)." Chart. September 5, 2018. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/926462/india-grade-b-warehouse-stock-area/
JLL. (2018). Area of Grade B warehouse stock across India from 2015 to 2020 (in million square feet). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/926462/india-grade-b-warehouse-stock-area/
JLL. "Area of Grade B Warehouse Stock across India from 2015 to 2020 (in Million Square Feet)." Statista, Statista Inc., 5 Sep 2018, https://www.statista.com/statistics/926462/india-grade-b-warehouse-stock-area/
JLL, Area of Grade B warehouse stock across India from 2015 to 2020 (in million square feet) Statista, https://www.statista.com/statistics/926462/india-grade-b-warehouse-stock-area/ (last visited November 21, 2024)
Area of Grade B warehouse stock across India from 2015 to 2020 (in million square feet) [Graph], JLL, September 5, 2018. [Online]. Available: https://www.statista.com/statistics/926462/india-grade-b-warehouse-stock-area/
