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Tag: JLL

Home ยป JLL

Current News
By Harini BalasubramanianJuly 12, 2024

New projects contribute to one-third of H1 2024 residential sales: Report

July 12, 2024: The number of residential units launched in the first half of 2024 reached a record high of 159,455, according to a JLL report. This translates to around 55% of the total … READ FULL STORY

Current News
By Anuradha RamamirthamJuly 3, 2024

India’s office market surges in H1 2024 with 33.5 msf of leasing activity: Report

July 3, 2024: Driven by strong leasing activity, Q2 (April-May-June) was the first time when all top seven cities -Mumbai, Delhi-NCR, Bengaluru, Chennai, Kolkata, Pune and Hyderabad- recorded gross leasing volumes of at least … READ FULL STORY

Current News
By Harini BalasubramanianJune 10, 2024

New-age buildings account for 84% total net absorption since 2021: Report

June 10, 2024: Between the years 2021 and Q1 2024, 164.3 million square foot (msf) of new buildings were added to India’s Grade A office stock, according to a JLL report. During the same … READ FULL STORY

Current News
By Dhwani MeharchandaniJune 3, 2024

India to witness addition of 45 msf retail space in 5 years: Report

June 3, 2024: The five years, from Q2 2024 to the end of 2028, will see a surge in organised retail space completions, as per the latest report by JLL. The top seven cities … READ FULL STORY

Current News
By Anuradha RamamirthamMay 22, 2024

Indian hospitality sector sees 11.4% YoY RevPAR growth in Q1 2024: Report

May 22, 2024:ย The Indian hospitality sector continued to witness Year-on-Year (Y-o-Y) growth in performance in Q1 2024 (January-March), primarily driven by a significant rise in Average Daily Rate (ADR) of 8.5% over Q1 2023, … READ FULL STORY

Current News
By Harini BalasubramanianApril 8, 2024

Chennai, Delhi-NCR, Mumbai, Pune see high office leasing activity in Q1โ€™24: Report

April 8, 2024: The markets of Chennai, Delhi-NCR, Mumbai and Pune achieved historic gross leasing highs in Q1 2024 (Jan-March) compared to all previous Q1 performances in these cities, according to a recent JLL … READ FULL STORY

Current News
By Harini BalasubramanianApril 1, 2024

Hospitality sector records $401 million investment activity in FY23: Report

April 1, 2024:ย  The first quarter of 2024 witnessed a significant 80% year-on-year increase in hotel transaction volumes, reaching $78 million, according to the latest report by consultancy firm JLL India titled ‘Hotel Investment … READ FULL STORY

Current News
By Dhwani MeharchandaniFebruary 27, 2024

Developers acquire 1,947 acre of land worth Rs 32,203 cr in 2023: Report

The year 2023 stands out as a record-breaking year for real estate across all asset classes reflected by the strong performance indicators of both demand and supply, according to a report by JLL. As … READ FULL STORY

Current News
By Harini BalasubramanianFebruary 9, 2024

Hospitality sector saw 15.8% Y-O-Y RevPAR growth in Q4FY23: Report

February 9, 2024: The Indian hospitality sector continued to experience year-on-year growth in performance in Q4 2023, driven primarily by a substantial increase in the Average Daily Rate (ADR) of 14.6%, compared to Q4 … READ FULL STORY

Current News
By Anuradha RamamirthamFebruary 7, 2024

41 msf of new retail developments expected to be operational by 2028: Report

February 07, 2024: The physical retail market has a robust supply of 41 million sqft of retail developments scheduled to be operational between 2024 and 2028 across top seven cities of India, mentions a … READ FULL STORY

Current News
By Harini BalasubramanianJanuary 15, 2024

Investor confidence in real estate sector to remain strong: Report

January 15, 2024: Investor confidence in the Indian real estate sectors is expected to continue in 2024, a recent JLL India report โ€˜Investing in Tomorrow: The Real Estate Journey of 2023โ€™ said. The report … READ FULL STORY

Current News
By Harini BalasubramanianDecember 21, 2023

Residential sales of nearly 300k units projected in 2024: Report

December 21, 2023: The residential sector in India is expected to register sales of around 260,000 units, which will be the highest sales since 2008, according to a recent report by JLL titled โ€˜2023: … READ FULL STORY

Current News
By Harini BalasubramanianDecember 14, 2023

New govt rules may unlock 15-18 msf of operational SEZ space: Report

The Central Government’s latest notification of Rule 11B will facilitate floor-wise demarcation in the built-up area of an IT/ITeS SEZ as a Non-Processing Area (NPA), which may be used for setting up and operation … READ FULL STORY

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