Research
Pulse Real Estate Monthly Monitor: February 2024
This month's key trends in Indian real estate market
March 14, 2024
Contributors:
- Samantak Das
- Rohan Sharma
In February 2024, the Indian real estate landscape flourished, echoing the positive patterns entrenched over recent months. In a detailed market overview, key cities sparkled with activity — retail space absorption in malls climbed notably, reflecting a retail resurgence, while the demand for office space marked considerable gains, a sign of a strengthening corporate sector. Residential markets beamed with confidence as new launches decorated the skyline in cities such as Delhi NCR, Mumbai, and Bengaluru.
What’s more?
Dr. Samantak Das, Chief Economist and Head Research & REIS, shares his insights on ‘Land Transactions in India’ published by JLL.