Construction Cost guide India: 2024
This guide is a powerful tool designed to help you understand the market trends, construction cost of real estate assets across major markets of India.
- Ashok VS
According to the recently published ‘Construction Cost Guide’ by JLL, it is projected that the overall construction cost in the country will experience an average increase of 6% across various sectors in the Financial Year (FY) 2024.
The guide provides insights to the cost variations across different asset classes in the six major cities of India. Notably, it sheds light on Chennai and Hyderabad, showcasing them as cost-friendly alternatives in contrast to the higher construction cost associated with Mumbai and Delhi.
Some key highlights are that the Industrial, Infrastructure, Data Centre, and Warehousing sectors have witnessed a significant increase in investment. Meanwhile, commercial office spaces maintain their position as the most preferred asset type in real estate sector.
