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 The rapid expansion of quick commerce, or q-commerce, is set to make a substantial impact on India’s real estate market as companies establish dark stores across the country. These mini-warehouses, integral to q-commerce's goal of 15–30-minute deliveries, are driving demand for unique real estate spaces specifically suited for high-speed delivery logistics. Impact of Dark Stores on India’s Real Estate Demand: The Rise of Quick Commerce According to a report by JLL and Miebach Consulting, dark store demand hit 24 million square feet (msf) in 2023, and projections suggest a compound annual growth rate (CAGR) of 12%, potentially reaching 37.6 msf by 2027. Deloitte estimates India’s q-commerce market could reach $40 billion by 2030 with a robust CAGR of 45%. Unlike typical retail spaces, dark stores—ranging from 2,500 to 4,000 sq. ft.—are strategically situated in high-density areas based on consumer demand, traffic, and logistical efficiency. Real estate costs in urban areas challeng...