Market Highlightsd3ajvuw23j7pxv.cloudfront.net/upld_472019172991860808_PulseAugust2016…AHMEDABAD...

Pulse

Monthly Real Estate Monitor

Market Highlights AUGUST 2016

• Office space

demand continued

to increase across

most of the cities

• Retail space

demand improved

in Bengaluru,

Chennai and

Hyderabad

• Residential

demand continued

to improve in

Bengaluru,

Chennai and

Mumbai

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Market

Sentiment

Deal of

the

month

Think About it!!

Green Wall

Pulse


Favourable Neutral Unfavourable

Legend: Market Sentiment

Creating Wealth with Residential

Real Estate Investment Effective investment in residential property requires the chosen location to meet

certain parameters. Fundamentally, the area should have good social infrastructure,

availability of adequate public transport and sufficient economic activity to sustain

development and growth. These parameters apply equally to investment in NA-

certified land approved for residential development and flats in a residential project.

Further Guidelines:

• The property cycle needs to be understood so as to identify the best entry point

• Leasehold titles issued by the Government must be fathomed

• The investor needs to have a clear comprehension of unearned increase or

capital gain and the consequently higher stamp duty implication at the time of

conveyance from the developer

• The quality of the development is important, because depressed markets often

result in poor design and construction quality

• Availability of the project’s development plans and all statutory approvals is de

rigueur.

• The title’s due diligence by a qualified and reputed legal firm is now a given.

• The location of development may be important, but so is the location of the plot

or apartment within the complex.

• The price band of the development should be lower than the last highest peak

in 2008 (exceptions can and should be made for quality, delivery date and

location)

• The time of conveyance of land and delivery must be explicitly clear

• The investor must clearly understand the delta between soft launch, launch

and current price of the developer.

• The investor should employ usable carpet area vis-à-vis chargeable area as

the price benchmark vis-à-vis other projects

Finally, the investor should keep an eye on the market and sell the residential

property at the right time in order to multiply wealth. It is important to remember that

one can almost never sell at the peak, just as it is impossible to always catch the

lowest price.

Best Cities for Residential Property Investment

Some of the markets that currently show the highest residential property investment

potential:

North India: NCR, Lucknow, Chandigarh and Jaipur, Dehradun

East India: Bhubaneswar, Kolkata and Guwahati, Ranchi

West India: Ahmedabad, Mumbai, Pune and Nasik, Nagpur

South India: Hyderabad, Bangalore and Chennai, Coimbatore, Vijayawada

Within these cities lie the opportunities for a higher delta of capital value

appreciation, depending on the demand and supply dynamics of their micro markets

and also the quality of development, reputation of the developer, strategic value of

the location and timely completion of projects.

Anju Puri, Chairman & Country Head, JLL India

To read further, please refer to the following link:------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

http://jllapsites.com/real-estate-compass/2016/07/creating-wealth-residential-real-estate-

investment/

The Central government has cleared the Model

Shops and Establishments (Regulation of

Employment and Conditions of Services) Act

2015 that promises to revolutionise India’s retail

industry and improve ‘ease of doing business’.

This will allow all public amusement

establishments with at least 10 employees – such

as restaurants, local markets, shopping malls and

movie theatres – to operate 24×7. This Act will

have to be implemented by all states. Once

implemented, offline retailers operating in will

stand to benefit hugely as the Act brings them on

a level-playing field with online retailers (who

operate round the clock).

Investment sentiment

improving

RMZ bought Bengaluru’s second Shangri-La

hotel project proposed on 15 acre land for INR

700 crore to expand biz park

The Goods & Services Tax (GST) was finally passed in the Rajya

Sabha, paving the way for what is popularly referred to as the concept

of “one nation, one tax.” As the general impact of GST on the

economy is positive, market naturally is pricing better days ahead.

India will soon have the second highest number of

green buildings in a country globally at 57% by 2018,

rising from 37% at present, just behind South Africa at

61%, says a new study. This increase will make India

a particularly strong market for green building

products and services.

Next

http://jllapsites.com/real-estate-compass/2016/07/creating-wealth-residential-real-estate-investment/

DELHI

KOLKATA

CHENNAI

BANGALORE

HYDERABAD

PUNEMUMBAI

AHMEDABAD

For more information about our research, contact

Ashutosh Limaye

National Director, Research and REIS +91 98211 07054 [email protected]

Aritra Das

Analyst, Research and REIS +91 95157 20645 [email protected]

Research Dynamics 2016

Pulse reports from JLL are frequent updates on real estate market dynamics.

www.joneslanglasalle.co.in

Cities

Office

Rental

Value

Retail

Rental

Value

Residential

Capital

values

AHMEDABAD

DELHI

MUMBAI

PUNE

BANGALORE

CHENNAI

HYDERABAD

KOLKATA

Legend

Growing Stabilise Stagnate Falling

Weather Map

Back to top

OFFICE

Demand Vacancy

RV CV

RETAIL

Demand Vacancy

RV CV

RESIDENTIAL

Demand Launches

RV CV

Demand/Vacancy

Rental Value (RV) / Capital Values (CV)Increasing Moderate Increase Stable Moderate Fall Falling

Pulse


DATA ANALYSIS FOR THE MONTH OF JULY 2016

Ahmedabad

Policy/InfrastructureUnlike commercial markets the residential real estate saw lukewarm

activity. No prominent launches were recorded. However the developers

were seen planning to launch affordable projects in the suburban areas of

Ahmedabad such as Gota and Bopal where the demand exists for the

same category.

Back to top

Ahmedabad Office market saw notable

transaction activities during the month.

Companies from the manufacturing

industry were seen contributing to the

office space demand.

Major transactions:

• Ingersoll Rand at Sun Square, CG

Road

• IPlex at Brooklyn tower, SG Highway

New completions:

• Brooklyn Tower SG Road

During the month, retail market in the

city witnessed transactions from the

apparel category during the month.

Occupiers were seen preferring high

street spaces with high frontage over

the retail mall spaces.

Major transactions:

• Both the brands including ‘AND’

and ‘Global Desi’ leased space in

SBD submarket

Unlike commercial markets the

residential real estate saw lukewarm

activity. No prominent launches were

recorded. However the developers

were seen planning to launch

affordable projects in the suburban

areas of Ahmedabad such as Gota and

Bopal where the demand exists for the

same category.

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Prahlad Nagar 35-50 6,000-7,500

S G Highway 35-50 6,000-7,500

Ashram Road 32-42 5,500-6,500

Navarangpura 32-44 5,500-6,500

Koba 22-35 4,000-5,000

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

CG Road 100-125 16,000-18,000

SG Highway 80-110 11,000-13,000

Ashram Road 110-130 14,000-16,000

Chandkheda 60-80 9,000-12,000

Koba 50-70 8,000-10,000

Key Precincts

Rental Value

(INR per month

for a 1,000 sq ft

2BHK

apartment)

Capital Value

(INR per sq ft)

Naroda 4,000-6,000 2,200-2,500

Gota 5,000-8,000 2,500-2,800

Navrangpura 15,000-20,000 6,000-7,000

SG Highway 10,000-15,000 5,500-7,500

Satellite 12,000-15,000 4,000-6,000

South Bopal 8,000-12,000 3,000-4,000

OFFICE

Demand Vacancy

RV CV

RETAIL

Demand Vacancy

RV CV

RESIDENTIAL

Demand Launches

RV CV

Demand/Vacancy


Pulse



Bangalore

Policy/InfrastructureBengaluru development body said the Hennur flyover will be ready by

November end.

Back to top

Leases remained strong in the month of

July. North Bangalore witnessed increased

interest given limited space available for

leasing in other parts of the city.

Major transactions:

• Accenture leased space at Whitefield

and HGST at Lavelle Road

• Harman Kardon and Citi Bank leased

space at Outer Ring Road

• Comviva leased space at Yelahanka

Retail leases remained stable over the

month of July. Cash n Carry stores are

popularly emerging in suburbs of

Bangalore.

Major transactions:

• Chai point leased space at Vittal

Mallya Road.

• Metro Cash and Carry in Whitefield

• Tea Trails leased space in

Koramangala and HSR Layout.

North Bangalore is witnessing

increased launches in the high end

residential projects.

Major launches:

• Vaishnavi Triniti at Hebbal

• Mana Tropicale at Sarjapur Road

• Legacy Selvador at Yelahanka

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

CBD 85–130 12,000–22,000

Old Airport Road 70–90 7,000–12,000

Outer Ring Road (Eastern) 60–70 5,500–7,500

Old Madras Road 55–75 6,000–8,500

Electronic City 35 – 40 3,800–5,500

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Koramangala 90–160 9,000–18,000

Indiranagar 120–180 12,000–18,000

New BEL Road 80–120 6,000–12,000

Commercial Street 175–250 16,000–20,000

Jayanagar 80–150 8,000–18,000

Key Precincts

Rental Value

(INR per month

for a 1,000 sq ft

2BHK

apartment)

Capital Value

(INR per sq ft)

Old Madras Road 35,000–75,000 10,000–25,500

Indiranagar 22,000–35,000 12,000–17,000

Bellary Road 12,000–18,000 4,900–7,600

Hosur Road 13,000–20,000 4,300–6,500

Whitefield 15,000–25,000 4,500–8,000

Tumkur Road 8,000–15,000 4,200–6,500

Kanakapura Road 8,000–15,000 4,000–6,000

Mysore Road 9,000–13,000 3,000–5,500

OFFICE

Demand Vacancy

RV CV

RETAIL

Demand Vacancy

RV CV

RESIDENTIAL

Demand Launches

RV CV

Demand/Vacancy


Pulse



Chennai

Policy/InfrastructureChennai Corporation announced that “Amma cinemas” would be soon be

established on vacant lands in various parts of the city and the cost of

tickets would be fixed by the Corporation.

Back to top

Chennai showed no movement in

rental and capital values. The

peripheral areas however continued to

gain traction owing to the availability

of price competitive rental stock.

Major transactions:

• Amazon at Kandanchavadi

• Xybion at OMR

• Carma at R K Salai

Positive economic conditions

translated into healthy growth in

tenant demand and falling vacancies.

Major transactions:

• FabIndia at Anna Nagar

• Tovo at T Nagar

• KTM and Raymmonds at Adyar

• Murugan Idli at Velachery

Cost overruns, soaring inventory and

delayed approvals slowed the sales.

Major launches:

• Uptown at Thandalam by Casa

Grande

• Monte Carlo at Mount Road by

Casa Grande

• Corniche at Egmore by Ramky

Wavoo Developers

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Mount Road 60–85 9,000–16,500

RK Salai 65–90 10,000–15,000

Pre-toll OMR 40–75 5,000–6,500

Post-toll OMR 35–40 3,000–6,000

Guindy 45–65 6,500–9,000

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

T. Nagar 120–180 12,000–15,000

Nungambakkam 130–150 13,000–16,000

Velachery 90–125 10,000–12,000

Pre-toll OMR 80–100 8,000–11,000

Anna Nagar 120–150 11,000–13,000

LB Road (Adyar) 100–140 10,500–13,500

Key Precincts

Rental Value

(INR per month

for a 1,000 sq ft

2BHK

apartment)

Capital Value

(INR per sq ft)

Adyar 20,000–30,000 18,000–22,000

Medavakkam 11,000–14,000 4,000–6,000

Tambaram 8,000–15,000 4,000–6,000

Anna Nagar 18,000–25,000 10,000–15,000

Porur 7,000–12,000 4,200–6,200

Sholinganallur 9,000–12,000 4,500–6,000

OFFICE

Demand Vacancy

RV CV

RETAIL

Demand Vacancy

RV CV

RESIDENTIAL

Demand Launches

RV CV

Demand/Vacancy


Pulse



Delhi NCR

Policy/Infrastructure• INR 658 crores allotted for five infra projects in Delhi

• INR 273 crores allotted for making Gurgaon smart grid city

• HUDA to acquire 300 acres in sector75-80 in Gurgaon for infra

development

• Circle rates hiked in Noida; apartments are left out of the hike

Back to top

Demand continues to remain healthy as

occupiers are actively scouting for

space for relocation as well as

expansion-driven requirements.

Major transactions:

• Expedia in DLF Cybercity

• BDO on Golf Course Road

• Avanta Business Centre in Nehru

Place

• Hitachi on MG Road

Retailers continue looking for space in

quality retail developments which are

already operating at high occupancies

and thus limiting fresh space take-up

Major transactions:

• House of Anita Dongre, FabIndia

and Coverstory all in Gurgaon

Sales remain tepid with buyers’ focus

towards near-to completion projects

and those by well-known developers

only; new launches are virtually non-

existent

Major launches:

• Puri Amanvilas in Faridabad

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Barakhamba Road 170–400 28,000–35,000

Jasola 105–130 17,000–19,000

DLF Cybercity 105–115 NA

MG Road 115–140 17,000–19,000

Golf Course Road 65–140 12,500–17,000

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

South Delhi 200–400 26,000–40,000

West and North Delhi 140–230 15,000–23,000

Gurgaon–MG Road 140–270 17,500–23,000

Rest of Gurgaon 60–100 8,000–14,000

Noida 130–220 14,000–25,000

Ghaziabad 90–150 10,500–16,000

Key Precincts

Rental Value

(INR per month

for a 1,000 sq ft

2BHK

apartment)

Capital Value

(INR per sq ft)

Golf Course Road 27,000–32,000 13,000–19,000

Sohna Road 17,000–20,000 5,800–7,500

Golf Course Extension Road 19,000–22,000 8,500–11,000

Dwarka Expressway NA 5,500–7,500

Noida–Greater Noida

Expressway13,000–15,000 4,300–6,500

Noida City 12,000–14,500 4,700–6,000

Indirapuram 11,000–12,000 4,500–5,300

OFFICE

Demand Vacancy

RV CV

RETAIL

Demand Vacancy

RV CV

RESIDENTIAL

Demand Launches

RV CV

Demand/Vacancy


Pulse



Hyderabad

Policy/InfrastructureThe Telangana government is now planning to develop a new financial

district spread over 50 acres in the next six to nine months. The second

financial district is part of the larger plan to re-position Hyderabad as BFSI

capital and offer facilities to the BFSI companies.

Back to top

Hyderabad market remained upbeat with

several enquiries. Good demand and low

availability of quality spaces continued to

be the norm in the western IT corridor.

Major transactions:

• Ering Cad, Prutech Solutions and

Cytel leased space in Hitec City

Retail market in the city witnessed

robust growth with several

transactions in upcoming shopping

malls and high.

Major transactions:

• McDonalds, Centro, Spykar at

Namshree Mall in Attapur

• Indian Terrain in A S Rao Nagar

• Pepperfry in Banjara Hills in

Madinaguda

The residential market remained stable

following large launches in the past few

months. Demand have witnessed an

upward swing following the healthy

economic activity.

Major launches:

• GK Pride by GK Developers in Yapral

• Gauthami Vivana by Gauthami

Developers in Gandipet

• Goldfish Zresta in Kokapet by Goldfish

Abode Pvt. Ltd.

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Begumpet 45–50 5,500–6,500

Banjara Hills 45–55 7,000–8,000

Hitec City 48–55 6,000–7,000

Gachibowli 40–48 5,500–6,000

Uppal 30–35 4,500–5,500

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Banjara Hills - Jubilee Hills 140–160 13,500–16,000

Secunderabad 120–130 12,000–13,000

Hitec City 120–140 12,000–14,000

Kukatpally 100–115 10,000–11,500

Himayatnagar 150–170 15,000–17,000

Key Precincts

Rental Value

(INR per month

for a 1,000 sq ft

2BHK

apartment)

Capital Value

(INR per sq ft)

Banjara Hills 25,000–35,000 7,000–15,000

Begumpet 17,500–25,000 4,500–5,500

Kondapur 11,000–20,000 3,800–5,000

Gachibowli 11,000–20,000 3,500–4,800

Tellapur 7,000–12,500 3,000–3,800

Kukatpally 15,000–20,000 4,000–5,000

OFFICE

Demand Vacancy

RV CV

RETAIL

Demand Vacancy

RV CV

RESIDENTIAL

Demand Launches

RV CV

Demand/Vacancy


Pulse



Kolkata

Policy/InfrastructureGreen approval must for big realty projects covering 2 lakh square feet or

more in West Bengal. Builders will also need a separate Urban Land

Ceiling (ULC) certificate, issued by the land revenue department.

Back to top

Market witnessed moderate transaction

activity. Most transactions happened for

small to medium sized floor spaces.

Major transactions:

• Dabur in SBD

• Cognizant in New Town

New launches:

• ITC Infotech began construction work

in New Town

Market remained stable in the month of

July. While demand remained steady,

availability of quality space determined

the movement of transactions. There

were no major transaction in the month

of July.

The residential market remained stable

while launches remained steady over

the month.

Major launches:

• Rajarhat One by Ruchi Realty at

New Town Action Area 1

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Park Street 110–135 13,000–20,000

Topsia 70–90 7,500–10,000

Kasba 75–90 8,000–11,000

Salt Lake Sector V 40–45 4,000–4,800

New Town and Rajarhat 32–36 3,200–4,100

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Elgin Road 300–350 24,000–28,000

Park Street (high street) 325–375 25,000–31,000

Prince Anwar Shah Road 150–200 15,000–18,000

Salt Lake 185–225 15,000–20,000

New Town and Rajarhat 60–80 6,500–8,000

Gariahat (high street) 200–250 16,000–22,000

Key Precincts

Rental Value

(INR per month

for a 1,000 sq ft

2BHK

apartment)

Capital Value

(INR per sq ft)

Alipore 50,000–70,000 15,000–22,000

Prince Anwar Shah Road 20,000–35,000 7,000–14,000

EM Bypass (Topsia) 15,000–25,000 6,000–10,000

Lake Town 10,000–16,000 4,000–7,500

New Town (AA- I, II & III) 9,000–15,000 3,500–6,000

Rajarhat 7,000–14,000 3,000–4,500

Behala 7,000–14,000 3,000–5,500

OFFICE

Demand Vacancy

RV CV

RETAIL

Demand Vacancy

RV CV

RESIDENTIAL

Demand Launches

RV CV

Demand/Vacancy


Pulse



Mumbai

Policy/InfrastructureWork on the Mumbai Trans Harbour Link (MTHL) is expected to begin

before the end of this financial year as the MMRDA has received a good

response in the preliminary bidding stage.

Around 20 consortia have submitted bids for three components of the INR

17,500-crore project that ensures faster connectivity between South

Mumbai and Navi Mumbai.

Back to top

Office market saw moderate transaction

activity during the month. Small office

spaces were transacted the most.

Major transactions:

• Ambience Water Solutions and

Diamond Power Infra in SBD North

New launches:

• Piramal Realty launched Augusta

Corporate Park in the fringe area of

BKC submarket

Retail market witnessed healthy

leasing activity in the month. Most of

the demand was driven by the

apparel and F&B categories.

Major transactions:

• Olive Bar & Kitchen in Suburbs

• Raymond in Suburbs

• Manish Arora in Prime South

Mumbai residential sector witnessed

slightly increased new launches mainly

in Thane sub-market whereas demand

remained stable over month of July.

Major launches:

• Phase I of Dosti Desire at Thane

• Phase I of Godrej Emerald at

Thane

• Kanakia Hollywood at Versova

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Lower Parel 165 - 210 17,500 - 22,000

BKC 230 - 320 27,500 - 34,000

Andheri - Kurla Road 100 - 150 10,000 - 16,000

Goregaon-Malad 85 - 135 9,500 - 12,500

Wagle Estate 50 - 65 5,200 - 6,900

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Lower Parel 260-390 23,000-32,300

Malad 130-230 12,500-20,000

Ghatkopar 120-220 10,100-18,300

Mulund 150-250 9,500-15,500

Thane 100-180 8,000-14,500

Navi Mumbai 85-140 8,000-12,000

Key Precincts

Rental Value

(INR per month

for a 1,000 sq ft

2BHK

apartment)

Capital Value

(INR per sq ft)

Lower Parel 65,000-1,10,000 25,000– 40,000

Wadala 36,000-60,000 13,500–23,000

Andheri 32,000-55,000 12,500–21,500

Ghatkopar 30,000-46,000 11,500–17,000

Ghodbunder Road 12,000–25,000 6,000–9,500

Kharghar 10,000–18,000 6,000–9,000

OFFICE

Demand Vacancy

RV CV

RETAIL

Demand Vacancy

RV CV

RESIDENTIAL

Demand Launches

RV CV

Demand/Vacancy


Pulse



Pune

Policy/InfrastructureThe Pune city is planning to join hand with China's Jinhua city as a sister

city. The decision was taken in a meeting with officials from China when a

delegation of China's Jinhua municipal corporation recently visited Pune

Municipal Corporation (PMC)

Back to top

Demand for office space in Pune

remained stable during the month. The

city saw few grade A completions in

SBD admeasuring 1.0 million sqft with

healthy pre-commitment.

Major transactions:

• Varroc leased in ICC Tech Park

Sutherland leased in Cybercity.

Leasing activity in malls remained

stable. Few select malls witnessed

marginal rental appreciation during the

month.

Major transactions:

• Max leased in Nitesh Hub

• Star Bazaar leased on SB Road

In the month of July, the sales for Pune

residential market remained stable.

However, launches by prominent

developers witnessed good demand

during the month.

New launches:

• Mantra Divine by Mantra

Properties launched in Wagholi.

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

Hadapsar 55-70 6,500-9,000

Kharadi 55-70 6,500-9,500

Hinjewadi 40-48 5,000–7,000

Viman Nagar 55–75 7,000–10,000

SB Road 70–85 7,000–12,000

Key Precincts

Rental Value

(INR per sq ft

per month)

Capital Value

(INR per sq ft)

MG Road 160-200 22,000–30,000

Bund Garden Road 100-120 20,000-25,000

FC Road 150-200 25,000-30,000

JM Road 150-190 25,000-30,000

DP Road 100-120 18,000–26,000

SB Road 90-110 18,000-25,000

Key Precincts

Rental Value

(INR per month

for a 1,000 sq ft

2BHK

apartment)

Capital Value

(INR per sq ft)

Wakad 10,000–13,000 5,000–6,500

Hinjewadi 9,000–11,000 4,800–6,500

Kharadi 11,000–15,000 5,000–7,200

Hadapsar 13,000–18,000 5,500–7,500

Undri 8,000–12,000 4,000–5,500

Pimri-Chinchwad 8,000–15,000 4,500–6,000

For more information about our research, contact

Ashutosh Limaye

National Director, Research and REIS

+91 98211 07054 [email protected]

Aritra Das

Analyst, Research and REIS

+91 95157 20645 [email protected]

Research Dynamics 2016

Pulse reports from JLL are frequent updates on real estate market dynamics.

About JLLJLL (NYSE: JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking

increased value by owning, occupying and investing in real estate. A Fortune 500 company with annual fee revenue of $5.2 billion and gross

revenue of $6.0 billion, JLL has more than 280 corporate offices, operates in more than 80 countries and has a global workforce of more than

60,000. On behalf of its clients, the firm provides management and real estate outsourcing services for a property portfolio of 4.0 billion square

feet, or 372 million square meters, and completed $138 billion in sales, acquisitions and finance transactions in 2015. Its investment

management business, LaSalle Investment Management, has $58.3 billion of real estate assets under management. JLL is the brand name, and

a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com

JLL has over 50 years of experience in Asia Pacific, with over 33,000 employees operating in 92 offices in 16 countries across the region. The

firm won 15 awards at the International Property Awards Asia Pacific in 2016 and was named number one real estate advisor in Asia at the 2015

Euromoney Real Estate Awards. www.ap.jll.com

About JLL IndiaJLL is India’s premier and largest professional services firm specializing in real estate. With an extensive geographic footprint across 11 cities

(Ahmedabad, Delhi, Mumbai, Bangalore, Pune, Chennai, Hyderabad, Kolkata, Kochi, Chandigarh and Coimbatore) and a staff strength of over

8500, the firm provides investors, developers, local corporates and multinational companies with a comprehensive range of services including

research, analytics, consultancy, transactions, project and development services, integrated facility management, property and asset

management, sustainability, industrial, capital markets, residential, hotels, health care, senior living, education and retail advisory. The firm was

awarded the Property Consultant of the Decade at the 10th CNBC-Awaaz Real Estate Awards 2015 and the Best Property Consultancy in India

at the International Property Awards Asia Pacific 2016-17. For further information, please visit www.joneslanglasalle.co.in

mailto:[email protected]

mailto:[email protected]

http://www.jll.com/

http://www.ap.jll.com/

http://www.joneslanglasalle.co.in/

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