In the first episode of Built to Yield, hBits brings you a deep, practical conversation on the evolution and future of commercial real estate in India.

Joining us is Mr. Karan Singh Sodi, Senior Managing Director at JLL, who shares his perspective on how India’s CRE market is evolving, covering office demand, leasing trends, tenant behaviour, GCC growth, and investor sentiment.

If you’re an investor, tracking India’s real asset landscape, this conversation offers clarity beyond headlines.

Chapters

(00:00:48) Intro

(00:01:43) Evolution of office markets in India

(00:06:40) Split between domestic & international tenants

(00:08:04) What is GCC?

(00:10:32) Demand Pattern across Indian cities

(00:15:27) Micro markets to perform well

(00:19:24) Evolution of Micro markets

(00:20:49) Drivers of GCC

(00:22:04) Tenant selection criteria

(00:23:18) What is grade A office

(00:28:00) Priorities in lease negotiations

(00:30:42) Importance of ESG for Tenants

(00:35:30) Institutional v/s retail participation

(00:37:15) Factors of tenant evaluation

(00:39:44) Future of REITs and emerging city corridors