News articles tagged JLL India

Mumbai Housing Market Poised for Near-Optimal Affordability in 2025

JLL India forecasts Mumbai's residential market to approach peak affordability by 2025, driven by projected interest rate cuts and balanced price growth. Homebuyers may benefit from improved financing terms and reduced borrowing costs, creating favorable conditions for purchases.

Kolkata's Residential Market Boom Poised for Continued Growth in 2025

Kolkata's residential market is projected to sustain its robust trajectory in 2025, with sales surpassing 17,000 units and ₹12,000 crore in value, reinforced by its status as India's most affordable major market.

The cost of building real estate in India is predicted to increase by 6% by 2024, with Mumbai being the most expensive city

JLL's Construction Cost Guide predicts India's overall construction costs to rise by 6% in FY2024, with Mumbai being the most expensive city and Chennai a more cost-effective option.

Due to high inflation, foreign investments in the Indian real estate sector are declining

Indian real estate sees 39% drop in US investments in 2023, yet office space remains most popular asset, attracting 52% of all investments.

Since January 22, real estate companies have acquired land parcels in Tier 2 and Tier 3 cities for Rs 5,000 crore.

Real estate developers have invested nearly Rs 5,000 crore to acquire 1,461 acres of land in Tier 2 and 3 cities since January 2022, according to JLL India.

Builders asking for support of RBI to deal with Covid second wave

Real estate developers are requesting loan restructuring, interest moratoriums, and more liquidity support from the RBI after their Covid relief package announcement.

Effect of COVID-19 second wave on the real estate sector!

India's second COVID-19 wave threatens real estate recovery, impacting office and housing markets. Experts predict varying effects on sales and demand.

How the dream of “Affordable Homes” turned into a nightmare!

Parsvnath Developers sentenced to prison for delayed refunds to homebuyers, highlighting the issue of pending apartments in Greater Noida. Over 1 lakh apartments remain undelivered, with builders owing GNIDA ₹6,000 crore.

Cadbury India to sell its Mumbai HQ for Rs.450 Cr

Cadbury India to sell Mumbai HQ for Rs.450 Cr, citing need for better facilities

Foreign retailers likely to postpone India Entry, JLL

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.

Indian Realty Market To Have Vast Foreign Investment: JLL

Foreign investors are poised to inject $4-5 billion into the Indian real estate market, focusing on Bangalore, Delhi, and Mumbai, according to Jones Lang LaSalle.

ORR Bangalore Offers Better Odds To Comm. Real Estate

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.

Growing Service Sector Enhances Commercial Real Estate

India's booming service sector fuels demand for commercial real estate, particularly in major cities. Despite economic slowdowns, IT, BFSI, and other service industries show strong growth, driving office space absorption to new heights.

Surat: Real Estate experiences 100% growth in 2 yrs.

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: Residential Realty Market is set to appreciate in 6 months.

JLL India predicts marginal appreciation in residential unit prices over the next 6 months, driven by improving affordability and demand, despite current market slowdown.