1.Affordable housing, logistics to get a boost from SWFs

SWFs hold US$ 29 billion of Assets Under Custody as of December 2019

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2.JLL rates Budget 3/10 for the real estate sector

Budget has no direct impact on Real Estate, focus continues on Infrastructure and revival of consumer demand

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3.Housing market shows resilience, office segment on strong footing

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.

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4.India’s data centre industry to see threefold revenue growth in five years: JLL

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.

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5.After a five-time reduction in 2019, RBI keeps repo rates unchanged at 5.15%

The real estate fraternity has expressed disappointment over the RBI’s decision.

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6.JLL Announces Winners of India’s Biggest Proptech Challenge

Rigorous selection process found the best technologies from amongst the initial ~750 applicants

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7.Smart cities risk curtailing potential by prioritising technology over people

Smart city initiatives in the Asia Pacific will not reach their potential if they focus on delivering cutting-edge technologies without paying enough attention to the needs and experiences of citizens, according to new research, Smart Cities Success: Connecting people, proptech and real estate, released by leading real estate consultant JLL recently

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8.RERA to make the market accountable, bring in financial discipline

The implementation of the Real Estate Regulation Act (RERA) in the country has picked up pace, with 90 per cent of the state and Union Territories notifying the rules, according to a JLL analysis of the data provided by the Ministry of Housing and Urban Affairs, Government of India. O

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9.Highest institutional investment at $5.5 bn

Institutional investments in Indian realy highest at $5.5 billion in 2018

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10.GST enters its second year in India – real estate still in learning mode

The Goods and Services Tax (GST) – India’s biggest tax reform post-independence – was implemented on July 1, 2017.

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