Pulse Real Estate Monthly Monitor: September 2024
Tracking India's real estate trends as we approach the last lap of the year
- Samantak Das
- Rohan Sharma
The office sector shows increased demand in most cities, with notable transactions in Bengaluru, Chennai, and Delhi NCR. Residential launches remained strong in several cities, particularly in the luxury segment. The industrial sector witnessed positive demand, driven by 3PL/Logistics, Retail, FMCG, and Engineering sectors. Key policy updates include circle rate hikes in Ghaziabad and the approval of Chennai metro's second phase. The report also covers city-specific highlights, rental and capital value trends, and significant real estate transactions across major Indian cities.
What’s more? Dr. Samantak Das, Chief Economist and Head Research & REIS, shares his insights on ‘Game On! Entertainment as the new frontier in Indian retail’ published by JLL.