Tag «JLL India»

Student Housing – The Next Big Real Estate Asset Class? Subhankar Mitra, Local Director – Strategic Consulting, JLL India

  Globally, student housing is acknowledged as an important and lucrative real estate segment, generally included under ‘alternative’ real estate asset classes. In its current form in India, student housing essentially comprises of buildings that primarily offer residential accommodation for large numbers of students in boarding schools, colleges or universities. However, the residential facilities in …

Karan Singh Sodi elevated to MD – Mumbai, JLL India

  Sanjay Bajaj, MD – Pune gets strategic oversight of West India and Industrial Services Mumbai, 9 March 2017:  JLL, India’s largest and leading International Property Consultancy, today announced the elevation of Karan Singh Sodi to Managing Director – Mumbai (MMR). Simultaneously, Sanjay Bajaj, Managing Director – Pune has been given strategic oversight of JLL’s …

JLL India Appoints Manish Aggarwal as MD – North & East India

Major leadership infusion will significantly enhance JLL’s pre-eminence in Delhi NCR & Kolkata Delhi, 16 February 2017: Leading international property consultancy JLL India has appointed industry veteran Manish Aggarwal as Managing Director – North & East India operations. Previously, Mr. Aggarwal was MD – North & East India at Cushman & Wakefield, and prior to …

Reaction to RBI monetary policy

Anuj Puri, Chairman & Country Head, JLL India: Contrary to a wider perception that the policy rate will be cut by at least 25 basis points, India’s RBI has kept the repo rate unchanged at 6.25%. However, growth outlook for the current fiscal year 2016-17 has been lowered sharply from 7.6% y/y projected earlier to …

JLL India launches proprietary Real Estate Technology Investment Vertical

First investment in Avant-Garde 3D AR/VR Firm Foyr.com Mumbai, October 24 2016: India’s largest and leading international property consultancy JLL India today announced the launch of its new independent Real Estate Technology Investment vertical to invest in start-up or growth-stage companies developing innovative and disruptive technology solutions specific to the real estate sector. Anuj Puri, …

A Hard Landing For e-Commerce – Or A Silver Lining For The Retail Sector?

Rohan Sharma, Associate Director – Research & Real Estate Intelligence Service, JLL India Press Note 3 of 2016 issued by the Indian Government’s Department of Industrial Policy and Promotion provided much needed clarity on online retail or e-commerce, clearly outlining that Foreign Direct Investment was allowed only in marketplace models. In effect, any inventory-based business-to-consumer …

New Mechanism Will Help Revive the Construction Sector :  Anuj Puri, Chairman & Country Head, JLL India:

The Cabinet Committee on Economic Affairs (CCEA) yesterday sought to provide a positive push to the construction sector via a slew of initiatives to give a fillip to private participation and investments while also providing oxygen to revive stalled projects in the sector. The announcement that government agencies would pay 75% of the arbitral award …

What’s In A Project Name? Everything, Say Developers

Ashutosh Limaye, National Director – Research, JLL India It is natural to wonder why certain realty projects, such as ‘Worli 1973’, ‘W54’ or ‘Three Sixty West’, are so named. Or why some developers come up with esoteric names ranging from Greek gods to foreign flora for their projects. In fact, the naming of realty projects …