Over 6.97 million sq. ft of space was leased to startups and gross leasing for startups jumped from 17% in 2021 to 28% in H1 2022, according to a JLL report titled ‘A startup’s … READ FULL STORY
The hospitality sector continued to witness strong YOY growth in Q3, 2022, with revenue generated per annum (RevPAR) growth of 89.6%, shows a recent report. This is primarily driven by corporate travel. In Q3 … READ FULL STORY
The Grade-A office stock in India’s 4 mega cities requires upgrade and retrofits to improve its future sustainability that would require an estimated investment of around Rs 23,380 crore, shows an assessment by property … READ FULL STORY
According to real estate consultancy firm JLL’s report, Hotel Momentum India (HMI) Q2, 2022, the Indian hospitality sector has witnessed robust growth in Q2 (April to June) 2022, mainly due to the demand for … READ FULL STORY
India’s real estate market transparency is amongst the top 10 most improved markets globally, according to JLL’s 2022 Global Real Estate Transparency Index (GRETI). The report, release on July 5, 2022, said that India’s … READ FULL STORY
For the past year, the built environment has remained heavily loaded with a price increase of major key construction materials, resulting in cost uncertainty on a major scale in the Indian construction industry. Chennai … READ FULL STORY
Following the significant change in dynamics in the real estate market, after the implementation of the Real Estate (Regulation and Development) Act (RERA) and the Goods and Services Tax (GST), channel partners are increasingly … READ FULL STORY
From sprawling business parks and office spaces, to enormous malls with more than a hundred brands, commercial real estate in India has witnessed tremendous growth over the past decade. The sector continues to lure … READ FULL STORY
The real estate market, at present, is abuzz with news about stalled housing projects, giving an impression that all projects are now at risk of failure or becoming distressed. However, the real picture may … READ FULL STORY
There has been a marked increase, in the number of senior living projects since 2010. With growing acceptability and demand for senior housing units, such projects are coming up in the suburbs of all … READ FULL STORY
An ongoing slowdown in sales notwithstanding, institutional investors’ confidence in the potential of India’s real estate sector continues to grow, with investments more than tripling to Rs 1,400 billion during 2014-2018, as compared to … READ FULL STORY
Indian commercial real estate developers have been gradually aligning themselves, to meet the increasing demand for Grade A properties. In the top 7 real estate markets in India, including Delhi-NCR, Mumbai city and Bengaluru, … READ FULL STORY
The Indian commercial real estate market is estimated to provide 294 million sq ft of REITable space from the existing office stock, according to JLL’s report titled ‘India REITs – Heralding a new era … READ FULL STORY
