Indian Warehousing Demand Projected to Reach 1.2 Billion Sq. Ft by 2027, According to JLL

The Indian warehousing sector is on the verge of significant growth, with demand expected to reach 1.2 billion sq. ft by 2027. A recent JLL report highlights the rise of Grade A warehouses and the emergence of Tier II and III cities as key players in this transformation, driven by e-commerce and third-party logistics.

Retail Expansion in Tier II and III Indian Cities Set to Exceed 25 Million Sq. Ft. by 2029

A recent JLL report reveals that Tier II and III cities in India are on track for a retail expansion exceeding 25 million square feet by 2029. With North India leading the charge, this growth is fueled by increasing consumer demand, strategic land acquisitions by developers, and rising retailer confidence. Notable brands are entering these markets, marking a significant shift in the retail landscape.

Record Office Space Leasing in India: 53.43 Million sq. ft in First Three Quarters of 2024

India’s office market achieved record leasing of 53.43 million sq. ft in the first three quarters of 2024, with expectations to reach 70 million sq. ft by year-end. The flex segment emerged as a leading contributor, highlighting robust demand from global and domestic firms.

Indoor Amusement Centers Transforming India’s Retail Landscape: JLL Report

Indoor Amusement Centers (IACs) are reshaping India’s retail landscape by attracting consumers with immersive experiences. A recent JLL report highlights the rise of premium IAC formats, which combine entertainment and dining, redefining shopping centers into holistic lifestyle destinations.

Indoor Amusement Centers in India to Expand by 67% by 2028

A new JLL report forecasts a 67% increase in India’s Indoor Amusement Center (IAC) space by 2028, expanding to 11 million square feet. The growth, driven by rising consumer demand and shifting retail trends, highlights the expanding role of IACs in transforming shopping malls into entertainment hubs. The report notes significant leasing activity in major cities and emerging markets, reflecting a broader trend towards immersive and diverse retail experiences.