Research

Take informed construction decisions with JLL’s 2024 India Construction Cost Guide

A detailed guide to help you understand market trends and the construction cost of real estate assets across the major markets of India.

May 09, 2024
Contributors:
  • Ashok VS

Are you looking for actionable insights to navigate the dynamic and complex construction sector in India? Whether you're an investor, developer, asset manager, or occupier, understanding the intricacies of construction costs is crucial to deliver successful real estate outcomes.

Introducing latest edition of JLL's Construction Cost Guide 2024 - your comprehensive source for detailed market insights, strategies, and trends influencing construction costs across various asset classes in major Indian cities.

Our guide features insights from data collected across six key cities - Mumbai, Bengaluru, Chennai, Delhi, Hyderabad, and Pune. These actionable insights will empower you to make well-informed decisions about your next project or your entire building portfolio.

Highlights of the 2024 India Construction Cost Guide:

  • Data-driven intelligence: Gain insights into the projected average increase of 6% in construction costs across various sectors, equipping you to make informed decisions.

  • Regional analysis: Learn more about the variation in construction costs across six major Indian cities: Mumbai, Bengaluru, Chennai, Delhi, Hyderabad, and Pune. Chennai and Hyderabad emerge as cost-effective alternatives to the higher construction costs of Mumbai and Delhi.

  • Sectoral highlights: Deep dive into the increasing investments in asset classes like the industrial, infrastructure, data centre, and warehousing sectors. Also, gain a deeper understanding on the continued dominance and preference for commercial office spaces in the real estate sector.

The 2024 India Construction Cost Guide is an essential resource that helps you navigate the real estate market, enabling smarter construction decisions, maximising returns, and minimising risks.

Download now to empower your construction decisions.

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