Artificial Intelligence (AI) is set to revolutionize the commercial real estate industry, with applications ranging from predictive analysis to enhanced marketing strategies.
India's real estate market has flourished in 2023, particularly in luxury housing, with increased sales and strong demand across multiple segments, signaling ongoing growth.
Cadbury India to sell Mumbai HQ for Rs.450 Cr, citing need for better facilities
According to JLL India's report, foreign retailers may delay their entry into India due to high costs and upcoming elections, impacting real estate developers and rentals.
Bangalore leads India with seven housing projects for seniors, surpassing other cities like Chennai and Pune, according to a JLL report focused on senior housing development.
Oracle India signs lease for 50,000 sq. ft. office space in Bandra Kurla Complex, Mumbai, at Rs. 340/sq. ft. for 9 years, valued at Rs. 183.6 Cr.
Jones Lang LaSalle plans to raise Rs.1200 Cr for investment in the commercial realty sector.
Jones Lang LaSalle India predicts a 68% increase in office space absorption this year, driven by suburban expansion.
JLL to invest Rs. 30 crore in two Bangalore luxury housing projects from its Rs. 300 crore India-focused real estate fund, capitalizing on the city's stable residential market.
Pune's luxury housing market shows promising growth with increased sales, contrasting sluggish trends in other cities despite economic challenges.
Bangalore's Outer Ring Road (ORR) is booming as a commercial real estate hub, driven by strong IT sector demand and limited office space, according to a Jones Lang LaSalle India report.
Surat’s real estate sector has witnessed a 100% growth in the past two years, driven by vertical development, business opportunities, and infrastructure projects.
JLL India predicts marginal appreciation in residential unit prices over the next 6 months, driven by improving affordability and demand, despite current market slowdown.