CBRE South Asia Pvt. Ltd, India’s leading real estate consulting firm, was recently awarded WELL Certification at the Gold level for its office in Mumbai, by the International WELL Building Institute™ (IWBI™). CBRE Mumbai office registered under WELL V2 rating system accommodates over 260 employees.

Savills India, an international real estate advisory firm, has recently launched its first online property festival ‘Savills Home Fest, Goa.’ Home Fest, Goa, a specially curated online event, showcases a bouquet of properties with exclusive offers and is supported by the on-ground Savills team that offers tailor-made solutions and a seamless buying experience.

The Indian real estate business – both commercial and residential – has been aggressively adopting technology to create better customer experiences for quite some time. With the COVID-19, the digital revolution has only accelerated. We’ve seen a few flashes of this digital change during the last 12 months.

JLL, India’s largest real estate consultancy firm, has been felicitated with Frost & Sullivan’s Best Practices Customer Value Leadership Award 2021 in the facilities management industry. JLL is recognised for achievements in adopting innovative strategies, engaging in strategic product development, and demonstrating client centricity and strong people practices.

COVID-19 seriously disrupted the Indian office sector in 2020. The total sector-specific office leasing activity in the three dominant IT hubs Bengaluru, Hyderabad and Pune declined by approx. 55% against the preceding year – from 62.35 mn sq. ft. in 2019 to 27.80 mn sq. ft. in 2020. However, these three cities are witnessing a significant rise in leasing activity by the non-IT/ITeS sectors like the BFSI segment.

JLL’s new research, The Future of Global Logistics Real Estate, predicts that demand for logistics space (warehousing and distribution facilities) will continue to intensify over the next three years, even when compared with recent elevated levels. To sustain this growth, however, both limited land supplies and increased pressure for environmental sustainability practices need to be addressed.

To meet the growth in demand from enterprise customers, Hipla Technologies – striving to improve the experience of a billion+ people at their workplaces every day – has raised a pre-series A round of USD500,000. This capital injection will bolster and accelerate Hipla Technologies product distribution for their 360* Facility and EHS (Environment, Health, and Safety) management solution stack.

Easiloan Techno Solutions, a new age fintech start-up has launched “Easiloan Instant Match” application, housing finance industry’s first Artificial Intelligence (AI) technology-based selection and recommendation engine for home buyers. With this launch, Easiloan.com aims to address the inefficiencies in the home loan ecosystem by leveraging technology to streamline the loan processes across buyer, developer/seller and lenders.

The pandemic has significantly altered previously dominant trends in the Indian residential market. Notably, it has dented the overall new affordable housing supply share across the top 7 cities. Latest ANAROCK research indicates that out of the total new launches of approx. 36,260 units across the top 7 cities in Q2 2021, the affordable segment (priced <INR 40 lakh) contributed a mere 20% share.

AsiaOne List of Top 50 Real Estate Brands and Leaders 2020-21 by Wealth has been created based on the valuation of top real estate brands and leaders. Even though there might have been inadvertent omissions, the list is the most authentic attempt to identify India’s top real estate leaders and to measure their holdings’ value. The Listing comprises Pan India findings and regional findings.

The gradual opening of cities boosted by the infection rates going down and the mass inoculation drives further gives hope to the office space market for the quick rebound post the second wave of COVID-19. With emerging trends shaping up and increased demand for office spaces, commercial real estate developers are batting for a quick revival in the coming quarters of 2021.

JLL, India’s largest real estate consultancy and professional services firm, announced that it has been awarded a WELL Certification at the Platinum Level by the International WELL Building Institute (IWBI) for its Global Technology Centre in Bengaluru. This state-of-the-art facility houses over 400 JLL Technologies employees who are focused on utilizing emerging technologies to develop new solutions for JLL and its clients.

Leading diversified professional services and investment management company Colliers today released the  Growth engines of innovation: How Asia Pacific’s technology hubs are reshaping regional real estate report, an in-depth analysis of how the growth of the APAC technology sector is transforming the region’s property markets.

In the one year since Covid-19, Pune’s residential market has seen several changes – some good and some bad. On the positive side, demand for homes increased after the pandemic set in – not only from middle-aged buyers but also from youngsters. The last time we saw so much demand from millennials was during the peak of Pune’s IT-boom.

JLL recently launched an exclusive Pune city report titled “Real Estate in Post Pandemic Pune – Opportunities in the making” which highlights that the city attracted institutional investments of ~INR 9,600 crore during 2015-20. The report further states that office assets accounted for the highest share of 49% of the total institutional investments.

Welspun One’s flagship Bhiwandi project was recently awarded as India’s 1st Platinum Pre-certified Green Logistics Park by the esteemed Indian Green Building Council (IGBC), a part of the Confederation of Indian Industries (CII). Welspun One Logistics Parks has ingrained ESG (Environment, Social & Governance) practices into its core values, to an extent that it is governing every business decision they undertake.

We have been in lockdown for more than a year and are eager to return to some in-person working that accommodates the preferences and priorities of individual employees so that our entire team is stronger. As a software company, we have been able to work effectively. We were able to launch our new Flexible Service Platform during the pandemic and we are rapidly growing in the U.S. because the demand for flexible office space is robust.

Real estate investors and landlords are missing income opportunities and cost savings as their assets age in Asia Pacific, says JLL. Half of investment properties in prime locations in Asia Pacific are over 20 years old, leading the real estate firm to forecast that there is over USD 40 billion worth of unrealised value in aging and underperforming properties regionally.