Sales of apartments, costing less than Rs 50 lakh each, fell 14 per cent to 38,626 units in 2024 across seven major cities on lesser launches of affordable housing projects and rising prices, according to JLL India. Real estate consultant JLL India data showed that sales of apartments across seven major cities during 2024 witnessed…
Incuspaze, a flexible workspace that is looking to raise $25 million in a pre-IPO funding round ahead of its public listing next year, has taken up 100,000 sq. ft. of office space at HQ27 in Gurugram.Previously, Nvidia had leased 73,000 sq. ft. at The Headquarters 27, a commercial project by Bharti Realty in Gurgaon.The facility…
Co-living property operators are increasing the share of one-bedroom units in the facility on the back of increasing demand as corporate clients are looking for more space and privacy.While most of the occupants used to prefer double occupancy before Covid-19, demand shifted to single occupancy during the pandemic and now one-bedroom units are more sought…
Unsold housing stocks across seven major cities have risen by 24 per cent since 2019 due to higher supply, but realty firms will take 31 per cent less time to sell these units because of high sales velocity, according to JLL India. In a report released on Thursday, real estate consultant JLL India said the…
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