at the very Core of it all … is Content!
While construction of housing projects has been restricted in Noida Extension due to the latest NGT order, another order in 2013 affected several projects in the eco-sensitive zone around the Okhla Bird Sanctuary. Ashutosh Limaye, National Director – Research, JLL India A National Green Tribunal (NGT) order in 2013 and yet another recent …
Gurgaon, May 5 2015: Leading international property consultancy JLL India today announced the appointment of Ashwinder Raj Singh as the new head of its Residential Services business. As CEO – Residential Services, Ashwinder Singh will take charge of JLL India’s residential sales and leasing business across the country and simultaneously take up a position within …
Anuj Puri, Chairman & Country Head, JLL India In India, real estate has traditionally been considered a favourable investment option. However, over the last few years, the realty market’s momentum has weakened significantly. In fact, it has even reversed in some parts of the country. Poor economic growth coupled with high property prices have …
Ramesh Nair, COO – Business & International Director, JLL India Mumbai’s residential real estate market continues to remain lack-lustre, and unsold stock is piling up. Currently, the inventory overhang in the MMR region stands at a staggering 30 months. In response to the unrelenting sluggishness in the market, Mumbai’s residential developers have been offering various …
Ashutosh Limaye, Head – Research & Real Estate Intelligence Service, JLL India To say the least, Mumbai’s draft DP 2034 had some major drawbacks, particularly concerning the mapping of existing land use and proposals related to densification, infrastructure, and open spaces. The approach of this DP was to guide development with differential FSI as …
Anuj Puri, Chairman & Country Head, JLL India The financial crisis of 2008-09 played an important role in enhancing the maturity of all stakeholders in the Indian real estate space. During the crisis, when poorly designed and planned projects failed en masse, investors and developers realised the importance of adhering to basic market principles …
Anuj Puri, Chairman & Country Head, JLL India New recommendations on the Real Estate Regulatory Bill were made by the ministry and sent to PMO for approval, and the cabinet has now approved it. Next, it will be tabled in the Parliament for passing the bill and making it an Act. In essence, …
Pioneers Service to Harness Opportunities From Government’s Priority for Infra Growth MUMBAI, April 6, 2015: Leading international property consultancy JLL India today announced the launch of its dedicated Infrastructure Services vertical, which will specifically address the requirements and opportunities that the infrastructure sector will represent till 2020. JLL is the first International Property Consultancy …
Viewed dispassionately, the current government’s ‘Housing for all by 2022’ promise seems a bit unrealistic at the moment, as the modalities and concrete steps needed to be undertaken to achieve this goal have not been spelled out. Making 2 crore urban houses and 4 crore rural houses available is a huge undertaking in itself, and …
Rohan Sharma, Associate Director – Research & Real Estate Intelligence Service, JLL India Smart Cities: The New Age Concept The smart cities concept may not be a novel one, but in the Indian context it is definitely an idea whose relevance couldn’t have been better timed. The government has provided the thrust …