Pulse Real Estate Monthly Monitor: February 2025

The February 2025 Pulse Real Estate Monthly Monitor provides a comprehensive overview of India's real estate market. The report highlights that demand for office space and retail leasing increased in most cities, while residential new launches went up across several markets.

Notably, in 2024, despite limited new retail supply, leasing activity remained robust, with only a 6% moderation from 2023. Bengaluru, Delhi NCR, and Mumbai accounted for 62% of total retail space take-up. The retail sector welcomed 27 new international brands, nearly doubling from 2023.

Infrastructure developments, such as the Greater Bengaluru Integrated Satellite Township and Hyderabad's Greenfield Radial Road, are set to boost regional real estate growth. Overall, the report indicates a favourable market sentiment across India's major cities.

The report offers city-specific insights on office, retail, and residential markets for key Indian cities, including rental and capital value trends, significant transactions, and infrastructure updates. It serves as a valuable resource for understanding the current state and future trajectory of India's real estate market.

What’s more? Dr. Samantak Das, Chief Economist and Head Research & REIS, shares his insights on ‘India retail market dynamics: Q4 2024’ published by JLL.