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India home prices set to stay above inflation  Home prices in India are set to hold above consumer inflation, even though interest rates are expected to stay higher for longer than previously thought, a Reuters poll of property analysts found. A surge in savings and minimal income disruption to cash-rich home buyers during the pandemic led to a rise in demand that has made the market more resilient to interest rates than initially expected. The May 16-June 1 poll of 12 property analysts predicted national home prices would rea...
India home prices set to stay above inflation
India home prices set to stay above inflation
Source: Reuters
5/06/2023 8:58:39 AM
Comment on JLL Office Report By Amal Mishra, Urban Vault Below the comment on JLL Office Report Mr Amal Mishra, Co-founder, Urban Vault, a Bengaluru based managed co-working space provider. In recent years, there has been a remarkable shift in the preferences of office occupiers in India. Grade A offices and flexible office setups are progressively replacing conventional and traditional office space arrangements. There is a substantial demand for Grade A office spaces that are professionally managed and offer flexibility to busine...
Comment on JLL Office Report By Amal Mishra, Urban Vault
Comment on JLL Office Report By Amal Mishra, Urban Vault
Source: PR Agency
23/05/2023 5:41:16 PM
Comment on JLL Office Report By Atul Banshal, Omaxe Ltd Below the comment on JLL Office Report Mr. Atul Banshal, Director-Finance, Omaxe Ltd. The demand for Grade A office space in India is experiencing a significant rise, fueled by the establishment of headquarters and branches by numerous multinational corporations. Additionally, the adoption of bringing work to your homes in Tier II & III Cities, models following the COVID-19 pandemic has led to an increased demand for Grade A office spaces even in Tier II & III cities such...
Comment on JLL Office Report By Atul Banshal, Omaxe Ltd
Comment on JLL Office Report By Atul Banshal, Omaxe Ltd
Source: PR Agency
23/05/2023 5:34:51 PM
Colliers hires another industry leader to strengthen its office leasing capability in West India MUMBAI – Leading diversified professional services and investment management firm Colliers (NASDAQ and TSX: CIGI) today announced the appointment of Srikanth Nookala as Senior Director for its Office Services teams based in Mumbai, effective immediately. Srikanth joins from JLL India to further strengthen Colliers' capabilities in the region. Bringing his diverse expertise across the real estate sector, Srikanth will collaborate with Office Services senior leaders in Mumbai to nu...
Colliers hires another industry leader to strengthen its office leasing capability in West India
Colliers hires another industry leader to strengthen its office leasing capability in West India
Source: PR Agency
17/05/2022 12:06:18 PM
Quote On JLL India report By Mr Saransh Trehan, Trehan Group Below is Quote On JLL India report By Mr Saransh Trehan, Trehan Group "After the outbreak of Covid-19 pandemic there has been a sudden spurt in demand for low rise luxury independent floors. Recent policy decision by the Haryana government has resulted in supply. The new launches have been lapped up by affluent customers because of comparatively higher usable space than apartments, shorter construction period, low density in the building and so on."   Above views ...
Quote On JLL India report By Mr Saransh Trehan, Trehan Group
Quote On JLL India report By Mr Saransh Trehan, Trehan Group
Source: PR Agency
8/03/2022 2:28:28 PM
Proposed metro cess in Mumbai, Pune to impact recovery in residential realty: JLL The proposed metro cess in Mumbai and Pune is likely to have a detrimental impact on the residential markets in the regions which are currently recovering, said property consultant firm JLL. As per reports, an additional 1 per cent cess will be levied on all property purchased from April 1 in Mumbai, Pune and Nagpur. "While Mumbai recorded 96 per cent of pre-Covid sales in Q4 2021 (compared to Q4 2019), Pune's sales were 252 per cent of pre-Covid numbers. On an annual basis as ...
Proposed metro cess in Mumbai, Pune to impact recovery in residential realty: JLL
Proposed metro cess in Mumbai, Pune to impact recovery in residential realty: JLL
Source: IANS
6/03/2022 3:48:09 PM
Residential sales surge by 83% YoY in Q2 2021: JLLResidential sales surge by 83% YoY in Q2 2021: JLL Residential sales in Q2 (April-June) 2021 increased by 83 per cent as compared to Q2 2020, across the top seven cities. According to JLL's Residential Market Update - Q2 2021, released on Tuesday, sales were driven by the low base effect, less stringent lockdowns, and accelerating vaccination drives during Q22021, demonstrating improved resilience in the market. By comparison, in Q1 2021, sales of residential units continued an upward trajectory, increasing by 17 per cent on a seque...
Residential sales surge by 83% YoY in Q2 2021: JLLResidential sales surge by 83% YoY in Q2 2021: JLL
Residential sales surge by 83% YoY in Q2 2021: JLLResidential sales surge by 83% YoY in Q2 2021: JLL
Source: IANS
5/07/2021 3:38:24 PM
Delhi-NCR data centre capacity to double by 2023: JLL Delhi-NCR is expected to emerge as a new data centre hotspot as demand from government departments and IT and IT-enabled services (ITeS) are expected to drive further growth, as per JLL report. Titled '2020 India Data Center Market Update', the report said that the data centre capacity of Delhi-NCR is likely to grow by 2.2 times to 89 MW by 2023. Around 49 MW capacity addition is expected during 2021-23. "NCR-Delhi data centers are expected to tend to the increasing demand ...
Delhi-NCR data centre capacity to double by 2023: JLL
Delhi-NCR data centre capacity to double by 2023: JLL
Source: IANS
16/06/2021 12:21:25 PM
Cold chain logistics likely to grow at over 20% CAGR by 2025: JLL India's cold chain sector is expected to grow at over 20 per cent CAGR by 2025, according to JLL, due to its transformation from conventional cold storage to modern storage space. The estimates are based on the sector's performance over the past few months, where despite the post-Covid economic impediments, the organised cold chain segment has seen significant growth in country-wide footprint, said a JLL statement. As per JLL, there is an opportunity for organised cold storage o...
Cold chain logistics likely to grow at over 20% CAGR by 2025: JLL
Cold chain logistics likely to grow at over 20% CAGR by 2025: JLL
Source: IANS
11/05/2021 1:35:55 PM
Delhi-NCR logs 5% growth in office space absorption in Jan-Mar: JLL Delhi-NCR witnessed an increase of 5 per cent in net absorption of office space during the first quarter of 2021 on a quarter-on-quarter basis with 1.07 million sq. ft, according to a JLL report. As per the JLL Office Market Update - Q1 2021, Noida contributed 55 per cent of the net absorption, backed by strong pre-commitment in the new completions followed by Gurugram with a contribution of 38 per cent. Select big-ticket transactions in Gurugram and Noida contributed substantially to t...
Delhi-NCR logs 5% growth in office space absorption in Jan-Mar: JLL
Delhi-NCR logs 5% growth in office space absorption in Jan-Mar: JLL
Source: IANS
4/05/2021 1:33:51 PM
Land value within 500 metre of upcoming metro corridors to rise 10-15% As several cities add metro rail to their public transport facilities or extend their existing networks, a JLL report said that land value within 500 metre of upcoming metro corridors is expected to increase by 10-15 per cent, according to a JLL report. Noting that India was introduced to the metro rail as an alternative mode of transport three decades, the report said: "Since then, the advantages of the metro rail system have increased many-folds. Primarily it has been the enhanced c...
Land value within 500 metre of upcoming metro corridors to rise 10-15%
Land value within 500 metre of upcoming metro corridors to rise 10-15%
Source: IANS
14/04/2021 5:08:20 PM
Warehousing demand expected to grow 160% in 2021: Report Warehousing demand is expected to grow around 160 per cent to reach 35 million square feet in 2021, if no further lockdowns occur, said a JLL report. Despite unfavourable socio-economic environment, warehousing stock in top eight cities, including NCR-Delhi, Mumbai, Bangalore, Chennai, Pune, Kolkata, Hyderabad and Ahmedabad has added 27 million square feet to reach a total of 238 million square feet in 2020 as per the 'India Real Estate Outlook - A new growth cycle' by JLL. Yoge...
Warehousing demand expected to grow 160% in 2021: Report
Warehousing demand expected to grow 160% in 2021: Report
Source: IANS
3/03/2021 1:39:19 PM
Hyderabad`s office market absorption up by 83% during Oct-Dec Hyderabad's office market has exhibited signs of sustained recovery with net absorption increasing by 83 per cent in fourth quarter of 2020, according to a report by JLL Research. The net absorption has continuously increased over the past three quarters. In Q4, net absorption stood at 2.83 million square feet, a jump of 83 per cent over the previous quarter. This was backed by new completions during the quarter getting operational with full occupancy. It is important to note that t...
Hyderabad`s office market absorption up by 83% during Oct-Dec
Hyderabad`s office market absorption up by 83% during Oct-Dec
Source: IANS
28/01/2021 9:43:32 AM