Research

Pulse Real Estate Monthly Monitor: May 2023

India’s real estate market continues to be resilient

June 14, 2023

Contributors:

Rohan Sharma

India's real estate market continues to follow a positive trajectory, with an increase in office space demand observed in May 2023. Meanwhile, the take-up of retail space in shopping malls and the launch of new residential projects remained stable across the top eight cities in India.

What’s more? Dr. Samantak Das, Chief Economist and Head Research & REIS, shares insights on ‘Data centre in India: 2022 year-end update and three year outlook’ published by JLL.

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