Jll Report News - Latest Updates & Headlines
India's hospitality sector sees 25 deals, over 42,000 new hotel keys in 2024
Mumbai, April 14: India's hospitality sector demonstrated remarkable resilience and growth in 2024, maintaining investment levels on par with the previous year with 42,071 new hotel keys, a report showed on Monday.
India's data centre capacity set to surge 77 pc to reach 1.8 GW by 2027
Mumbai, April 9: India's data centre industry is poised for robust growth, with capacity projected to surge 77 per cent by 2027, reaching a staggering 1.8 GW, a report showed on Wednesday.
Office retrofitting a Rs 45,000 cr investment opportunity for better rentals in India
Mumbai, April 4: The office market across top seven cities in India offers an estimated Rs 45,000 crore (approximately $5.3 billion) opportunity in retrofitting (improving the existing building design and engineering, integrating new technology, enhancing user experience, and incorporating climate-adaptive features and capabilities) and upgrading existing buildings, according to a report on Friday.
49 ultra-luxury homes sold in India for Rs 7,500 cr in 3 years, apartments beat villas
Mumbai, March 29: India's ultra-luxury home market is soaring and in the last three years, 49 such homes -- each commanding a price tag of Rs 100 crore or more -- have been sold for Rs 7,500 years, a report showed on Saturday.
Hotel transactions in India reach Rs 2,900 crore in 2024, tier 2 and 3 cities lead
Mumbai, March 25: Hotel transactions in 2024 reached approximately Rs 2,900 crore in India and interestingly, tier 2 and 3 cities accounted for 50 per cent of the transactions, predominantly involving unbranded midscale properties, a report showed on Tuesday.
India's BFSI sector leases record 13.4 Million Sq Ft in 2024, driven by fintech boom & GCC expansion: JLL
New Delhi, March 24: India's banking, financial services, and insurance (BFSI) sector has achieved a new milestone by leasing 13.4 million square feet of office space in 2024. This marks a significant increase from the 11 million square feet leased in 2023, according to a report by JLL.
GCCs lead BFSI sector's record commercial real estate leasing in India in last 3 years
Mumbai, March 24: Led by global capability centres (GCCs), the year 2024 marked a watershed year for the banking, financial services and insurance (BFSI) sector in India's commercial real estate, which leased 13.45 million square feet (sq ft), claiming a 17.4 per cent share of the annual leased space, a report showed on Monday.
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.
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.
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.
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.