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Telangana’s real estate sector, especially in Hyderabad, has faced a prolonged slowdown over the past two years. Industry stakeholders cite policy uncertainty, administrative decisions and global headwinds as key reasons behind declining housing sales, new launches and office space demand.
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Residential sales during the July-September 2022 in Hyderabad touched 6,990 units and it is about 58 per cent more than the 4,418 units sold last year same period.
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Hyderabad: JLL has facilitated a joint venture (JV) between Genpact and Ramky Estates & Farms Limited (REFL), a Hyderabad-based real estate developer, to develop 14.37 acres of land situated at Uppal, Hyderabad. The land parcel owned by IT major Genpact is situated next to their campus in Uppal. The company was looking at expanding its […]
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Hyderabad: Though India’s institutional real estate investments in 2021 closed at $4.3 billion (about Rs 32,000 crore) representing a decline of 14 per cent over 2020, Hyderabad maintained its growth momentum topping the charts with $687 million (about Rs 5,120 crore) worth of investments attracted in 2021. The city accounts for 16 per cent of […]
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New Delhi: Affordability to buy homes has improved in major cities this year driven by a rise in household incomes from a low base of 2020, lower mortgage rates and stable housing prices, according to property consultant JLL India. The consultant on Monday launched its annual Home Purchase Affordability Index (JLL HPAI 2021), which signifies […]
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Net absorption fell sharply to 25.6 million sq ft in 2020 from a record 46.5 million sq ft in the previous year because of the pandemic.
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The overall office market in India witnessed a decline of 33 per cent in net absorption during Q1 2021 on a Q-o-Q basis, with 5.53 million square feet leased during January to March 2021.
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Yogesh Shevade, Head Industrial Services, JLL, India said: "In Q4, the market started gaining momentum with highest supply and absorption in 2020 post the lockdown.
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Of the total 37.6 million sq ft of pre-commitment in the Grade A office space across India, the city saw a pre-commitment of 10.3 million sq ft
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India's hospitality industry witnessed a decline of 54.9 per cent in revenue per available room (RevPAR) during January to December 2020
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New completions as well as net absorption is expected to further increase in the next two quarters
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Hyderabad witnessed a growth in new launches gaining pace in Q4 2020, which increased by 91% to 10,313 units when compared to the previous quarter with 5,396 units
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Hyderabad: Haldi Golf County a joint venture of Dream Valley Golf and Resorts along with Girdhari Homes appointed JLL India (Jones Lang LaSalle), a real estate firm specialising in property and investing management as their strategic sales partner for offering a seamless experiential journey for customers. Through this association, both firms aim at creating an […]
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New office space supply was less impacted than the demand, which fell by around 45-50 per cent with corporates deferring their expansion plan and adopting work-from-home policy for employees.
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Safety, security and government policies helped the city attract investments
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The survey takes into account a combination of variables like interest rates, household income and price of property
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Office space investment appetite remained intact and the segment was the first to bounce back, shows JLL research
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Contributes 40 per cent to overall launches across top seven cities of India, says JLL
