at the very Core of it all … is Content!
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 …
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 …
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 …
Anuj Puri, Chairman & Country Head, JLL India India’s retail market value was estimated at $520 billion in 2013, and is expected to grow to $950 billion by 2018. With a CAGR currently pegged at 13%, the Indian e-commerce market is expected to grow the fastest within the Asia-Pacific Region – with its market …
Anuj Puri, Chairman & Country Head, JLL India As I leave for Davos to once again attend the World Economic Forum at Davos this year, I find myself reflecting on the rapid changes that the Indian economy has seen in the last one year. In a relatively short time, it has again emerged in …
Q1. What is the one thing that you wish for the benefit of your industry segment? Indian real estate needs to see the Real Estate Regulatory Authority Bill (RERA) implemented in 2015. The sector is suffering from a lack of transparency, and this Bill can bring it about – if not single-handedly, then at least …
Anuj Puri, Chairman & Country Head, JLL India The year 2014 has been quite fruitful for the real estate sector in terms of business sentiment, although the real effect of many of the policies and amendments announced in 2014 will take effect only in 2015. Starting from Union Budget FY2014-15, where affordable housing was …
Anuj Puri, Chairman & Country Head, JLL India The real estate sector in India is one of the largest drivers of the country’s economic growth. Real estate in India provides large-scale employment and contributes massively to the country’s GDP. While real estate is vigorously driving growth, it is also true that it is adversely …
Anuj Puri, Chairman & Country Head, JLL India Earlier in October, the US National Association of Realtors published a report which stated that buyers from India purchased residential properties in the US estimated at $5.8 billion in value during the one-year period ending March 2014. This investment magnitude represented an approximate growth of 6% …
Puri, Chairman & Country Head, JLL India: As per reports, the Central Government has approved the proposal to increase the FAR in Delhi state. This increase in FAR is for residential plots which are 750 square meters or higher, wherein the FAR has been increased to 200 from 150. For plots bigger than 1000 …