Pulse Real Estate Monthly Monitor: December 2024

The report notes strong office leasing momentum, particularly in Bengaluru, Delhi NCR, and Mumbai. Healthy retail space demand is observed in malls and high streets across most cities. The residential sector shows stable sales and new launches, with the luxury segment displaying robust activity. Sustained industrial and warehousing demand is driven by 3PL, e-commerce, and manufacturing sectors.

The monitor covers market dynamics in eight major cities: Ahmedabad, Bengaluru, Chennai, Delhi NCR, Hyderabad, Kolkata, Mumbai, and Pune. For each city, it provides data on rental values, capital values, key transactions, and infrastructure updates. The report also includes insights on industrial rents across Grade A and B warehouses, along with policy updates and investment news in the logistics sector. This monthly tracker aims to keep readers informed on the pulse of India's real estate market, offering trends, transactions, and forecasts across asset classes and geographies. The Pulse monitor serves as a valuable resource for stakeholders looking to stay updated on the dynamic Indian real estate landscape.

What’s more? Dr. Samantak Das, Chief Economist and Head Research & REIS, shares his insights on ‘India retail market trends and dynamics - January to September 2024’ published by JLL.