Tag «JLL India»

Eased FDI Norms Will Open RE Funding Floodgates

Ramesh Nair, COO – Business & International Director, JLL India   Real Estate Private Equity Inflows May Double In 2 Years   The government’s announcement of easier FDI norms for the construction sector has generated a lot of excitement among the country’s real estate players – and justifiably so. The fact that 100% FDI will …

Green Light For Sustainable Development In India?

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 …

Office Space Absorption Up 58% In 3Q 2014

Ramesh Nair, COO – Business & International Director, JLL India   The Indian monsoon months are synonymous with low activity in real estate, but this year witnessed considerable amount of activity in the office sector. Compared with last year’s monsoon months of July, August and September (3Q CY 2013), this period in 2014 showed 58% …

Indians Buying Properties In The US

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% …

Reaction to increase in Delhi FAR

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 …

What Really Sells Luxury Homes In India

Om Ahuja, CEO – Residential Services, JLL India    Luxury homes in India are often offered with a very confusing set of qualifying parameters. Developers heavily promote specifications and amenities in their marketing collaterals, but fail to mention a far more critical parameter.   On analyzing the unfolding luxury homes story in India, it becomes …

Why Does Everybody Love To Hate The Indian Real Estate Sector?

Anuj Puri, Chairman & Country Head, JLL India   Over the years, Indian real estate has been a seemingly limitless source of negative hype. Scams, controversies, rumblings about delayed projects, agitations by consumers and debates about the over/under-regulation of the real estate sector have all provided ready cannon fodder for countless publications, internet forums and …