Jll News - Latest Updates & Headlines
Resilient economy: Global capability centres lead real estate absorption in India
New Delhi, March 22: Driven by the country's skilled talent pool and operational cost advantages, global capability centres (GCCs) are leading real estate absorption in India which have surpassed pre-Covid levels amid a resilient economy.
India's real estate developers opened investment opportunity worth Rs 62,000 cr: Report
Mumbai, March 12: Real estate developers across India embarked on an ambitious expansion drive, acquiring 2,335 acres of land valued at a staggering Rs 39,742 crore in 23 key cities during 2024, according to a JLL report released on Wednesday.
JLL facilitates NDR InvIT's key industrial park acquisition, boosting Gujarat's manufacturing sector
Mumbai, March 4: JLL India has successfully advised NDR InvIT Trust, India's first listed Warehousing and Industrial Parks InvIT, on the acquisition of a premium Grade A industrial warehouse near Surat, Gujarat.
Flex space captures 20% of India's gross leasing in 2024, hits record 15.3 mmt: JLL
Mumbai, February 17: The flex space segment has emerged as the second-biggest contributor to India's office leasing market in 2024, capturing 19.8 per cent of the annual gross leasing activity and setting a new record of 15.3 million sq. ft, according to JLL.
Flex space leasing captures 20 pc share, Delhi-NCR leads: JLL
Mumbai, Feb 17: The share of the flex space segment has risen to a substantial 19.8 per cent in the annual office leasing numbers in India to cross 15 million square feet (sq ft) in 2024 , its best share so far, according to a JLL report released on Monday.
E-commerce surge fuels warehousing boom in Tier II-III cities: JLL
New Delhi, February 14: India's e-commerce surge is reshaping the country's warehousing landscape, with Tier II and III cities emerging as key hubs, according to a report by global real estate consultancy JLL.
Tier 2 and 3 cities emerge growth drivers in India's warehousing sector
Mumbai, Feb 13: India's total warehousing stock reached 533.1 million square feet last year, with emerging tier 2 and 3 cities now contributing approximately 100 million sq ft, or about 18.7 per cent of the total stock, according to a report released on Thursday.
GCCs fuel record-breaking office leasing in India, to exceed 2,500 units in 3-4 years
Mumbai, Jan 29: Global capability centres (GCCs) fuelled record-breaking 77.2 million square feet office leasing in India, accounting for 36 per cent of total demand in 2024, according to a report on Wednesday.
Leasing of retail space in 2025 to surpass levels of 2023, top 7 cities to add 9 million sq ft: JLL
New Delhi, January 25: The top 7 Indian cities are set to see the addition of nearly 9 million sq ft of new retail space in 2025, with gross leasing volume expected to surpass 2023's 8.7 million sq ft, according to the commercial real estate and investment management company, JLL India.
Retail sector leasing remains resilient as 27 new global brands enter India in 2024
Mumbai, Jan 25: The Indian retail sector leased 8.1 million square feet of area in shopping malls and prominent high streets across top seven cities in 2024, overcoming limited new supply, according to a report on Saturday.
Grade A warehousing stock surges 170 pc in India in last 5 years
Mumbai, Jan 21: Grade A warehousing stock in India surged 170 per cent in the last five years, reaching an all-time high of 238 million square feet last year, a report showed on Tuesday.
India's home sales jump 11 pc to all-time high of 3.03 lakh units in 2024: JLL
Mumbai, Jan 16: Residential property sales during 2024 witnessed sustained growth reaching a record-high volume of 3,02,867 units, which represents an 11 per cent growth year-on-year and the momentum is expected to continue into 2025, according to a JLL report released on Thursday.
Real Estate expects tax reliefs, increased funding and long awaited Industry status in Budget 2025
New Delhi, January 13: As the Union Budget approaches, leaders from the real estate industry have voiced their expectations, focusing on measures to revive affordable housing, streamline regulations, and enhance market demand.