GST has simplified the tax treatment for the realty sector and has resolved some of the long-standing issues like valuation and tax type. It is seen as an additional benefit to consumers in the long term. However, the significant benefit primarily would be around increased input credit on the procurement of materials, as per a report by JLL and PwC, ‘Impact of GST on residential markets’.

JLL India has launched an innovative and path-breaking service, Developer Solutions – a horizontal platform geared to service the multiple requirements of the real estate developer community across their life-cycle. The platform will be led by Siva Krishnan, who re-joins JLL India as the Managing Director, Developer Solutions.

Indian cities dominated the ‘short term momentum ranking’ in JLL’s recently released annual global report ‘City Momentum Index’ (CMI) 2018. The report ranked Hyderabad (1st), Bengaluru (2nd), Pune (4th), Kolkata (5th) and Delhi (8th) in the top 10 cities out of the 30 top global short-term growth cities.

In a report released by JLL it is estimated that close to Rs 45,000 crore will be invested in creating storage facilities across India from 2018-2020. In these three years, different categories of warehousing will also create jobs to the tune of 200,000 at different levels of specifications and specialisations.

A progressive workplace is about understanding and embracing the new standards of a more agile and interconnected workforce. Recent surveys have found a correlation between office design and the bottom-line.

Essel Infraprojects appoints Vinod Bhandawat as CFO. Piramal Realty appoints Naaman Atallah as CEO.

According to JLL India research, industrial investments into Tamil Nadu have regained an upward curve despite ongoing political uncertainties in the state.

India's real estate sector is projected to reach $180 billion by 2020 from $126 billion in 2015, according to a report by CREDAI and JLL.

The lifeline of Mumbai has always been the suburban train network with local trains supporting more than 7.5 million commuters daily. However, due to immense overcrowding in local trains, the highway in the upmarket western suburbs is a viable commuting alternative for office goers.