JLL Facilitates NDR InvIT’s 0.9 Million Sq. Ft. Industrial Park Acquisition Near Surat, Boosting Gujarat’s Logistics Sector

JLL India served as the exclusive financial advisor for NDR InvIT Trust in acquiring a 0.9 million sq. ft. Grade A industrial warehouse near Surat. The fully operational industrial park, located in Kosamba and hosting blue-chip tenants, was acquired through a combination of cash and InvIT unit issuance. This strategic transaction strengthens NDR InvIT’s foothold in Western India’s rapidly growing logistics market, further enhancing its Assets Under Management (AUM) to approximately 19.01 million sq. ft. as of Q3FY2025.

Emerging Tier II-III Cities Drive India’s Warehousing Growth with 100 Million Sq. Ft. Contribution

India’s warehousing sector is witnessing rapid growth, with Tier II-III cities contributing 100 million sq. ft. in 2024. This expansion, driven by e-commerce demand and infrastructure development, is reshaping India’s logistics landscape. Government initiatives and the hub-and-spoke model are enhancing last-mile delivery capabilities, creating new investment opportunities in the sector.

Key Trends Shaping India’s Residential Market in 2024: Insights by Ritesh Mehta, JLL India

Ritesh Mehta, Senior Director at JLL India, outlines the major residential market trends of 2024, from the growing focus on sustainability and smart home technologies to the rise of affordable housing and mixed-use developments. With promising growth ahead, India’s housing market is poised for a transformation by 2025.

Enhanced Connectivity and Redevelopment Fuel South Central Mumbai’s Real Estate Boom

South Central Mumbai is experiencing a remarkable real estate transformation, with old buildings making way for luxurious high-rises. Enhanced connectivity from new infrastructure projects, including the coastal road and Metro Line 3, is attracting homebuyers to this historically rich area. As capital values rise and demand for housing increases, South Central Mumbai is emerging as a prime market that offers more than just residences—it’s becoming a desirable lifestyle choice.

India’s Hospitality Sector Sees USD 93 Million in Investments in H1 2024

In the first half of 2024, India’s hospitality sector attracted USD 93 million in investments, with a forecasted year-end total of USD 413 million, a 22% increase from the previous year. JLL’s report notes strong contributions from listed hotel companies, significant hotel signings, and robust growth across various market segments, reflecting continued investor confidence and favorable economic conditions.