New Delhi, May 18 (IANS) India’s hospitality sector saw exceptional momentum in 2025 with hotel investments of about $567 million across 28 transactions, up 67 per cent from the prior year, a report said on Monday.The report from commercial real estate services firm JLL said institutional capital and private equity accounted for 35 per cent of transaction volume.It further highlighted that high net‑worth individuals and family offices followed at 27 per cent, and listed hotel companies stood…
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Mumbai, May 12 (IANS) India’s retail sector showed steady retailer demand in Q1 2026, as gross leasing totalled 3.1 million square feet for the top seven cities in the January-March period, a report showed on Tuesday.Despite a 15 per cent quarter-on-quarter (q-o-q) moderation, there was a marginal 1 per cent year-on-year (Y-O-Y) uptick, indicative of continued resilience in the leasing momentum. The quarterly moderation in retail leasing is largely due to the absence of sizeable new mall suppl…
New Delhi, May 4 (IANS) India’s real estate investment market sustained exceptional momentum into 2026, with transaction volumes in Q1 CY2026 reaching $1.7 billion, up 37 per cent year‑on‑year, a report said on Monday.The report from JLL said the quarter saw a structural shift toward core asset acquisitions, which surged 178 per cent to $1.03 billion.The trend has accelerated into Q2, with core asset deals already totalling $1.48 billion, signalling sustained confidence in stable, income-g…
New Delhi, April 27 (IANS) India’s office market posted a quarterly record of 21.5 million square feet of gross leasing in Q1 2026, driven by demand from Global Capability Centres and flexible workspace operators, a report said on Monday.The report from commercial real estate services firm JLL said gross leasing rose 10.2 per cent year‑on‑year, with GCCs accounting for 45.5 per cent of demand and flex operators accounting for 25.9 per cent in Q1 2026.This growth is being driven by a fundam…
New Delhi, April 22 (IANS) The real estate industry in India witnessed a 32 per cent year-on-year surge in land acquisitions in 2025, with developers acquiring 3,093 acres across 149 transactions valued at Rs 54,818 crore, according to a report released on Wednesday.The report by JLL also said the acquired land is expected to unlock nearly 229 million square feet of development over the next two to five years, reflecting strong developer confidence and sustained demand.It highlighted a skewed in…
New Delhi, April 13 (IANS) Pi Data Centers on Monday announced the Phase I launch of a 3-megawatt data centre facility in central Mumbai, with operations set to begin in August 2026.The property consultancy firm JLL said it served as exclusive adviser on the lease transaction for Pi’s first Mumbai facility and is advising on a 23-megawatt expansion for “hyperscale, colocation and cloud data centre capacity.”The Mumbai site will complement Pi’s existing 60-megawatt hyperscale capacity in Amar…
New Delhi, March 24 (IANS) India’s construction industry is likely to see a 3–5 per cent rise in costs across asset classes in 2026 amid rise in labour costs and higher metal prices, a report said on Tuesday.Developers who embrace workforce formalisation, leverage GST savings strategically, and invest in technology adoption will emerge as leaders in this dynamic landscape, the report noted.The report from real estate services firm JLL said material costs showed mixed trend in 2025 as cement,…
Bengaluru, Feb 25 (IANS) Artificial Intelligence (AI) has moved from being “interesting” to “urgent” for India’s Corporate Real Estate (CRE) teams, which manage office spaces, workplace operations and location strategy, a new report said on Wednesday.According to data compiled by JLL, 91 per cent of companies are now piloting AI in office and workplace use cases, a sharp jump from less than 5 per cent in 2023.The report showed that India Inc is rapidly embracing AI to reduce costs and …
Mumbai, Feb 17 (IANS) Over 200 new global capability centres (GCCs) have entered India in just the last two years, with projections indicating that total GCC footprint will surpass 350 million square feet within the next 3-4 years, a report showed on Tuesday.India’s GCC leasing activity reached a record 31 million sq ft in 2025, reflecting the evolution of a sophisticated ecosystem of specialised metropolitan hubs, each commanding distinct competitive advantages across critical industry vertic…
Mumbai, Feb 5 (IANS) The warehousing stock in India reached 610 million square feet in 2025, and more than half of this was premium Grade A space, a report showed on Thursday.Institutional-backed Grade A assets now account for 38 per cent of quality stock, bringing standardised development, enhanced specifications, and attracting global occupiers, sand the JLL report. Logistics (3PL) and e-commerce lead storage demand, while light manufacturing, driven by auto, engineering and electronics, is gr…