The announcement by honourable Finance Minister, Nirmala Sitharaman proposing to slash corporate tax for domestic companies from 30% to 22% comes at an opportune time when the economy needs a boost in investments. To give strength to India’s ambitious ‘Make in India’ initiative, the government has proposed a tax rate of 15% for new domestic
A human-centric approach to developing smart cities, innovative financial solutions to attract the private sector, and elimination of bureaucratic bottlenecks will lead to Smart City Mission’s success, reports JLL Smart Cities initiatives in the Asia Pacific will not reach their potential if they focus on delivering cutting-edge technologies without paying enough attention to the needs
Co-working segment is likely to attract over $1 billion in investment during FY 2019-20. With greater penetration across cities, co-working spaces are playing an important role in supporting the growth of start-ups and enabling accelerator programs for a number of newly formed firms Ramesh Nair Over the last few years, co-working spaces have gained popularity
Ramesh Nair-CEO & Country Head, JLL India feels that the union budget 2019-20 was focused on affordable housing, liquidity and infrastructure Enhanced focus on affordable housing to achieve ‘Housing for All’ Mission Union Budget 2019 has been presented on expected lines. With a sustained focus on affordable housing, the government has emphasised on increasing the
The recently released JLL FICCI report indicates that office, affordable housing and student housing segments of realty are set to surpass previous highs in terms of space and investment. According to Ramesh Nair, CEO & country head at JLL India, “India’s real estate sector is at an inflection point and the evolutionary trends in the
The retail scenario in India has started to show signs of maturity now, by concentrating on malls that will have longevity, sustainable business and scope of refurbishment and renovations in the future. As Indian consumers become more discerning, the physical asset surrounding retail has become important in creating the right experience. Therefore, developer companies are
Ramesh Nair, CEO & Country Head, JLL India debunks a few myths related to GST in real estate The Goods and Services Tax (GST)—India’s biggest tax reform post-independence—was implemented on 1 July 2017. This new tax regime seeks to transform the Indian economy with its ‘One Nation, One Market, One Tax’ principle by subsuming a host of
As a landmark year for the real estate industry draws to a close, it’s time to review the major events of 2017 for Indian real estate and look at some upcoming trends in 2018 For the real estate industry, 2017 was a watershed year, with the roll-out of game-changing policies such as GST and RERA.
‘The online marketplace offers office tenants and landlords a convenient search medium and end-to-end transaction engine’ Property consultant JLL India has launched its proprietary online portal Property.jll.co.in for pan-India office leasing options. The online marketplace offers office tenants and landlords a convenient search medium and end-to-end transaction engine, the company has said. According to the
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