India, April 14 -- Real estate developers acquire 2,335 acres for Rs.40,000 crore in 2024; Tier 1 cities hold 72%, Tier 2 cities 28% share

"The first quarter of 2025 has ignited a dynamic hotel transactions market, with JLL already facilitating two deals in Chennai and Goa. Investor enthusiasm for both operational assets and land parcels underscore the sector's attractiveness, buoyed by favorable economic conditions, expanding commercial markets, and Government's recent budget push for tourism," said Jaideep Dang, managing director, Hotels and Hospitality Group, India, JLL.

"This positive outlook is reinforced by substantial hotel development across various tiers, with over 42,071 keys signed in 2024. Following 2024's record-breaking ye...