New Delhi [India], October 18: Luxury residential is on the uptick in the Indian realty market. According to a JLL report, Delhi-NCR contributed 64% of the total launches of luxury residential among the top seven cities in the first half of 2024. The region is witnessing a rise in demand for
The surge in demand is not limited to increased space but also signals a qualitative shift. High-quality Grade A warehouses are expected to see substantial growth, with projected to expand from 290 million sq. ft in 2023 to 400 million sq. ft by 2027.
The sale of residential units in India surged by 17 per cent year-on-year (Y-o-Y) during the first nine months of 2024 (January to September), according to JLL, a real estate company.
Chennai's real estate landscape has transformed over the last 25 years. This rapid growth has been primarily fueled by the IT/ITES sector and the rise of Global Capability Centers (GCCs), cementing Chennai's status as a major economic hub.
The report also added that the Tier II and Tier III cities in the country are experiencing a surge in new retail supply, with 25 million sq. ft of retail developments. This expansion is driven by growing consumer demand, availability of land and a lack of quality retail developments in these
Leasing volumes in office real estate stood at 53.43 million sq ft in the first nine months of 2024, according to JLL, a leading global commercial real estate and investment management company.
The indoor amusement centers (IACs) in India are expected to register a strong growth by 2028. As per a report by JLL India, the sector will surge from the current 6.6 million square feet of operational space to 11 million square feet by 2028.
Mumbai's residential market is projected to surpass the remarkable milestone of Rs 2 lakh crore in residential sales value by 2030, real estate and investment management company JLL anticipated in a report.
Mumbai (Maharashtra) [India], August 22: The National Real Estate Development Council (NAREDCO), Maharashtra Chapter, is set to host its flagship event, The Real Estate Forum (TREF) 2024 with JLL as their knowledge partner. The forum will take place on August 29, 2024, at Hotel Trident, M
Hyderabad led the charge with a notable RevPAR growth of 11.9 per cent in Q2 2024 compared to the same quarter in 2023. Delhi and Bengaluru followed closely, registering YoY growths of 11.8 per cent and 10.4 per cent respectively.
The total supply of industrial properties now stands at 393 million sq ft, with expectations to reach approximately 595 million sq ft by 2027, the JLL said highlighting the sector's robust potential.
New Delhi [India], July 30: Noida and Greater Noida, once known for affordable and mid-segment properties, have witnessed an upward trajectory in luxury real estate over the past few years. Previously limited to properties in the Rs. 40-80 lakh range, new launches in these areas exceed Rs. 1