‘2017: The Inflection Point of Indian Real Estate’ - a joint publication by CII and JLL India which provides a comprehensive analysis of the major real estate policies in 2017. It also examines the impact of technology and other market forces shaping the Indian real estate industry this year and going forward. The report provides some very interesting statistics. For instance, 900 REIT-worthy Grade A commercial assets equalling c280 mn. sq. ft. are currently available across India’s key cities and awaiting deployment into India’s REIT market. Also, commercial real estate is perking up significantly in 2017 – we expect a net absorption of 34.3 mn. sq. ft. this year on the back of returning IT/ITeS demand, as opposed to 33.4 mn. sq. ft. in 2016.
This report was launched at the 9th Edition of the CII Realty and Infrastructure Conclave on 7 July 2017 at Mumbai.