JLL India announces Residential Brokerage Business

A leading real estate professional services firm, JLL, recently announced the launch of its Residential Brokerage Business. This new service will offer a plethora of advise and transaction services for developers and home buyers. Along with boosting and working seamlessly with JLL's already extensive real estate capabilities, industry giant Siva Krishnan will be leading the Residential Brokerage Business. Krishnan has over 20 years of experience in real estate and has managed and advised a variety of residential real estate investments in India. 

To meet the company's ambitious plans to scale up JLL's Residential Brokerage Business, JLL India plans to ramp up the team rapidly to around 100 highly-trained professionals across Mumbai, Delhi NCR, Bengaluru, Pune, Hyderabad, Kolkata and Chennai. As part of its range of offerings, JLL will now offer transaction services for new and resale residences in the mid to luxury range and will also undertake exclusive project marketing mandates. JLL enjoys strong relationships with India's leading developers and institutional investors at every stage of the property life-cycle across various asset classes.

Backed with decades of expertise, be it in acquiring land, consulting, facilitating financial closures, enabling development or managing assets, the Firm in parallel, has also developed a profound understanding of the residential sector. With the growth and evolution of the residential sector in the last few years, there is strong demand from developers and investors for marketing support as well as professional and transparent advice. With the right mix of talent and top-of-line solutions backed by market intelligence, real-time data and a technology-led platform, JLL is uniquely positioned to cater to the diverse needs of our valued clients.

"At JLL, there has always been a conscious effort to set new paradigms and stay ahead of the curve. We want to be a very agile, dynamic and forward-thinking Firm. The support of a stellar research team armed with superlative market intelligence and over 10 years of residential data analytics forms the backbone of successful strategy execution for JLL. With the launch of our Residential Brokerage arm, we aim to drive value and insight-driven decision-making for clients. We have observed commercial real estate to be the harbinger of residential development in most cities and this phenomenon is also a perfect analogy for JLL India's growth story. Our comprehensive and diverse experience across various asset classes and markets coupled with continued confidence shown by the developer and investor community in our capabilities has been instrumental in the launch of our residential brokerage business in 2019," said Ramesh Nair, CEO and Country Head, JLL India.

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