Pulse Real Estate Monthly Monitor: December 2023

Encouraging real estate trends in top eight cities as we march into 2024

January 22, 2024
  • Samantak Das
  • Rohan Sharma

According to the report, the real estate market in India's major cities showed positive trends. Retail space take-up increased in most cities, while new residential launches went up. Demand for office space also increased. There were notable policy updates, such as the land rate hike for industrial plots in Greater Noida and a global real estate brand’s acquisition of land for development in Delhi-NCR. The report suggests that home purchase affordability has marginally worsened or remained the same compared to the previous year. Overall, the market sentiment is favorable, indicating growth and demand as we march into the near year 2024.

What’s more? Dr. Samantak Das, Chief Economist and Head Research & REIS, shares his insights on ‘Home Purchase Affordability Index 2023’ published by JLL.

Fill out this form to download report

There was an error submitting the form. Please try again.


Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of downloading materials you have requested.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.