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
Facilities management (FM) manages and maintains a building or facility’s physical assets and services. FM covers various activities, such as cleaning, security, landscaping, catering, waste management, maintenance, energy management, health and safety. FM aims … READ FULL STORY
November 17, 2023: In the 22-month period from January 2022 – October 2023, around 3,294 acre of land were acquired by real estate developers in the country, mentioned a JLL report. A substantial proportion … READ FULL STORY
November 15, 2023: The senior population share is expected to increase from about 10% in 2023 to about 20% by 2050, resulting in an increased age dependency ratio of around 34% by 2050, according … READ FULL STORY
The Indian real estate sector is set for growth as it has a potential access to approximately $41 billion of untapped domestic institutional capital, according to JLL’s latest report titled ‘The Rise of Domestic … READ FULL STORY
October 5, 2023: Increasing digital growth, Digital Public Infrastructure, 5G rollout and new applications of Artificial Intelligence (AI) like Machine Learning (ML) coupled with data protection laws and state incentives are expected to drive … READ FULL STORY
September 29, 2023: India’s hospitality sector has witnessed a resurgence in hotel investment activity, mention the latest JLL report titled Hotel Investment Trends – India H1 2023. As per the report, in 2022, the … READ FULL STORY
September 14, 2023: India’s brick and mortar retail sector is bouncing back with strong leasing activity of 3.16 million square foot (msf) recorded in the first six months of the current calendar (H1 2023), … READ FULL STORY
August 31, 2023: Global property consultant JLL on August 30, 2023, announced that it has bagged a contract to provide facilities management (FM) services for Rolls Royce’s real estate portfolio across six countries, including … READ FULL STORY
The cumulative Grade A and B supply in India’s warehousing and industrial sector is expected to reach 516 million square foot (msf) by 2026, according to the ‘H12023 India: Logistics and Industrial State of … READ FULL STORY
August 4, 2023: Real estate services firm JLL has introduced JLL GPT, the first large language model purpose-built for the commercial real estate (CRE) industry, according to an official release. The generative artificial intelligence … READ FULL STORY
July 11, 2023: In the first six months of 2023 (H1 2023), 1,26,587 housing units were sold in India, marking the highest number of residential property sales in 15 years, according to a report … READ FULL STORY
Increasing use of digital technology, migration of IT infrastructure to third-party providers and the growing usage of data from new and existing channels will lead to addition of 678 MW to the digital transformation … READ FULL STORY
