According to JLL’s recent report, India’s Data Centre Industry – Poised at the Tipping Point, India’s data centre industry is set to register a threefold growth in revenue to $3.2 billion by 2024 and likely to propel the development of additional real-estate space of 7.8 million sq ft to set up data centre facilities.
Annual sales have exceeded the annual launches for the first time since 2016, indicating further stability in the residential market, according to the latest JLL Report, India Market Update 2019, released today.
India’s data centre industry that is set to register threefold growth in revenue to US$ 3.2 bn by 2024 and is likely to propel the development of additional real estate space of 7.8 mn sq for setting up data centre facilities, according to the latest report – India’s Data Centre Industry - Poised at the tipping point by JLL, released recently.
India’s top office submarkets across Delhi, Gurgaon, Mumbai and Bengaluru have found a place in JLL’s Global Premium Office Rent Tracker (PORT) that lists the world’s most premium office submarkets and compares occupancy costs for premium office buildings across the world’s leading real estate markets. The company released the fifth edition of PORT recently that includes 86 office submarkets in 73 cities.