Tag «JLL India»

Due Diligence For Property Purchase

Santhosh Kumar, CEO – Operations & International Director, JLL India   Real estate buyers are often warned that they must conduct a thorough due diligence before investing in any property, and that they should not reply solely on the verification process done by banks while they are processing a home loan request. This is sound …

Project Delays, Project Deviations And Other Customer Woes

Anuj Puri, Chairman & Country Head, JLL India   Reams of newsprint have been dedicated to discussing the sufferings of consumers in the Indian real estate sector. Particularly, homebuyers’ woes related to late delivery of projects, deviation of housing projects from promised quality, additional payments due to change in apartment area and inadequate protection of …

India Real Estate’s Analysis Of Budget 2015-‘16

Anuj Puri, Chairman & Country Head, JLL India   In this year’s budget, the Finance Minister has conveyed a message wherein the benefits lie only in the fine print. For the common man, though the cumulative savings implied by various provisions are stated to be to the tune of Rs. 4.44 lakh, this is assuming …

Development Plan 2034 – The Good, The Bad And The Unclear

Ramesh Nair, COO – Business & International Director, JLL India   Development Plan 2034 has come up with maximum permissible FSI for each plot in Mumbai. Prima facie, the DP eliminates various premiums such as fungible FSI, staircase and open space deficiency and will creates further level playing field by eliminating many of the discretionary …

JLL India Structures Kolkata’s Single-Largest Residential Land Deal

Tata Value Homes And Square Four Group To Jointly Develop Prime 25.5 Acre Land Parcel   Kolkata, February 16, 2015: Leading international property consultancy JLL India today announced the closure of the single-largest land transaction recorded in Kolkata to date. JLL India has structured the deal between Tata Value Homes and Square Four Group of …

Real-Time Ethics In The Real Estate Business

Anuj Puri – Chairman & Country Head, JLL India We keep talking of ethical real estate business. Is a ‘code of ethics’ just a fancy manifesto you put on your office wall? Does it mean that the company merely steers clear of illegal dealings? If that was all there was to real estate ethics, it …

India – The Future Of A Reluctant Urbanizer

Anuj Puri, Chairman & Country Head, JLL India   India has always been labelled as a ‘reluctant urbanizer’. The percentage of the population living in urban areas in 2001 was estimated to be at 28%. Despite the explosive growth of cities like Mumbai, Delhi, Bangalore and Pune, the percentage of people moving to the urban …

‎India Real Estate’s Expectations from Budget 2015-’16

Anuj Puri, Chairman & Country Head, JLL India     Provide On-Ground Impetus For Affordable Housing In the previous nine-month Budget, the new government outlined its vision for boosting affordable housing. From the upcoming 12-month budget, the Indian real estate sector looks forward to provisions that firm this vision up on the ground. Provide Tax …