JLL

Return to pre-pandemic levels; Indore, Kanpur, Bhubaneswar among cities witnessing rise in demand for such projects

India's skilled workforce and rise of global capability centres helping demand for commercial real estate, says Karan Singh Sodi

Investment volumes in the first six months reach 81% of made in 2023, says JLL

The hospitality sector has experienced a notable upswing since 2023, witnessing a record number of hotel signings and openings

JLL will operate as Rolls-Royce's strategic global facilities management partner across 15 million square feet of manufacturing, warehouse and office space at 44 sites in six countries

The highest residential sales were recorded in Bengaluru followed by Mumbai and Pune

Net leasing of office space across seven major cities fell 6.5 per cent to 7.95 million square feet during the April-June period, mainly on lower demand in Bengaluru amid global economic uncertainties, according to JLL India. Net leasing of office space stood at 8.5 million square feet in the year-ago period (April-June 2022), real estate consultant JLL India had said in July last year. Net absorption/leasing is calculated as the new floor space occupied less floor space vacated. Floor space that is pre-committed is not considered to be absorbed until it is physically occupied. As per the data, the net leasing of office space in Bengaluru declined 55 per cent to 1.87 million square feet in April-June from 4.12 million square feet a year ago. Mumbai saw a dip of 26 per cent to 0.98 million square feet from 1.33 million square feet. In Chennai, the net leasing jumped to 1.76 million square feet from 0.53 million square feet. Net absorption of office space grew marginally in Delhi-N

Around 578 acres out of 2,181 acres, was acquired in the first five months of the calendar year 2023 (CY23) alone

The total leasing of office space, which comprises demand for all grades of buildings, rose 93 per cent year-on-year in January to 3.2 million square feet across seven major cities, according to property consultant JLL India. However, the leasing fell 56 per cent, compared to December 2022, which had seen 7.4 million square feet office space absorption. In January 2022, the aggregate leasing activities stood at 1.7 million square feet. The aggregate office market leasing activities refer to transactions for all grades or types of buildings in the top seven cities (Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune and Kolkata). The data includes confirmed pre-commitments and term renewals. Deals in the discussion stage are not included. JLL India said that fresh leasing, which included expansion and relocation-driven space take-up accounted for 87 per cent of all recorded transactions during the last month. "The month of January is typically a slow period, as the holiday seas

Make sure buying a house will not lead to compromises on other crucial financial goals

Home sales to hit 200,000 units by 2022-end, the highest in over a decade

Total office space leasing in July jumped over twofold annually across seven cities to 8.8 million square feet, according to JLL India. Real estate consultant JLL India in its 'Aggregate Monthly Office Lease Tracker' said the total leasing stood at 3.9 million square feet in July last year and 5.8 million square feet in the previous month. The aggregate market leasing activity refers to lease transactions for all grades or types of office buildings in the top seven cities (Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune and Kolkata), including confirmed pre-commitments and term renewals. Bengaluru, Mumbai and Delhi-NCR remained the top three cities with a cumulative share of 85 per cent in the July 2022 monthly leasing activity tracker. "Around 2.27 million square feet of the aggregate monthly leasing activity was on account of renewals, highlighting the long-term occupier confidence in India and the physical workplace being central to the evolving portfolio strategies," the

Suba Group to oversee 58 existing and upcoming Choice properties in India; move follows closure by American hospitality chain of its Indian arm

The total or gross leasing of office spaces rose 28 per cent from 4.8 million square feet in April 2022 across seven major cities -- Delhi-NCR, Mumbai, Bengaluru, Chennai, Hyderabad, Pune and Kolkata

"The series of reforms that started in 2014 led to increased capital flows over the years

Indian hospitality industry is currently on a positive upward trajectory with traveller confidence backed by improved vaccination rates, and ease of travel restrictions, says JLL paper

Housing sales jumped over two-fold to 32,358 units during July-Sept period across 7 major cities as demand bounced back with unlocking of economic activities and lower Covid infections, according JLL

A latest survey by JLL shows nearly 75 per cent of the employees are now willing to start visiting offices and opt for a hybrid model

Sequentially, there was a 16% dip due to intermittent lockdowns across the country in Q2

Sees NHAI giving impetus to modernisation of Indian Highway network, culminating in various advantages for highways users, market players, developers, investors, and facility operators