JLL

International property consultant JLL India launches residential brokerage business

International property consultant JLL India launches residential brokerage business Property advisory firm JLL India on Tuesday said it is selling its residential services business to the company’s former India head Anuj Puri, who recently left the organization to start his own venture, for an undisclosed sum. JLL’s residential business employs around 200 brokers and 250…

buying house

Obsession with buying house: Why do Indians prefer real estate?

Obsession with buying house: Why do Indians prefer real estate? Real estate is a capital guzzler Gaurav Mashruwala Gaurav Mashruwala, founder, Gauravmashruwala.com Real estate is a capital guzzler, illiquid, immovable and indivisible. Also, it is cumbersome to acquire, maintain, liquidate and bequeath. Capital guzzler: Many times, a single piece of real estate will constitute almost 70-80%…