Jll Report News - Latest Updates & Headlines
US firms hit record office leasing volumes in India, Bengaluru, Hyderabad lead in growth: JLL
New Delhi, June 14: US-based companies achieved record-breaking office leasing volumes in India during the period from 2022 to Q1 2025, with 2024 marking the highest annual activity ever recorded, according to global real estate firm JLL.
US companies achieve record-breaking office leasing volumes in India: Report
Mumbai, June 14: US firms have achieved record-breaking office leasing volumes in India in the past couple of years, with 2024 marking the highest annual activity ever recorded, with global capability centres (GCCs) emerging as the primary growth driver, a report showed on Saturday.
Domestic occupiers capture 46 pc of office leasing in India since 2022: Report
Mumbai, June 4: Indian firms have significantly increased their footprint in the commercial real estate market, with domestic occupiers accounting for 46 per cent of gross leasing activity since 2022 -- up from 35 per cent during 2017-2019, according to a new report released on Wednesday.
Indian hospitality sector's revenue per available room surges 16.3 pc in Q1
Mumbai, May 30: India's hospitality industry demonstrated remarkable momentum in Q1 2025, with RevPAR (revenue per available room) surging 16.3 per cent compared to the same period last year, a report showed on Friday.
India's tech hubs offer 5-10 pc lower office fit-out costs in Asia Pacific
Mumbai, May 23: Tech hubs in India offer 5-10 per cent lower fit-out costs than financial centres in the Asia-Pacific region, with Bengaluru presenting fit-out costs 5 per cent below the national average, while Hyderabad sitting 8 per cent below average, according to a report released on Friday.
India offers unique cost structure for office fit-outs in Asia Pacific: Report
Mumbai, May 15: India presents a unique cost structure for office fit-outs compared to the broader Asia-Pacific region, a report said on Thursday.
India's retail sector surges with 169 pc growth in Q1 2025: Report
Mumbai, May 9: The Indian retail sector witnessed 169 per cent growth (year-on-year) in the January-March quarter, as strong momentum in new retail store openings continued to play out in major metropolitan cities, a report said on Friday.
Demand for homes priced Rs 1 crore and above boosts market in India: Report
Mumbai, April 24: The demand for homes prices Rs 1 crore and above bolstered the Indian property market in the first quarter this year, preventing overall sales of 65,250 units from hard landing, a report said on Thursday.
India's office leasing surges to all-time high in Q1 2025
Mumbai, April 16: India’s office leasing activity in the January-March quarter (Q1) of 2025 rose to an all-time high of 19.46 million square feet (sq ft), with domestic occupiers taking up a record 8.82 million sq ft, according to a report released on Wednesday.
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.