Residential Real Estate – The Policy Effect: Anuj Puri, Chairman & Country Head, Jones Lang LaSalle India
Post the 1991 liberalization policy, India began to welcome various multinational corporates that were seeking permission to commence operations locally. Being the financial and commercial capital of India, Mumbai was the first city to witness a significant influx of large multinational firms. By 1994-95, real estate prices in the city increased to a point where …