/ -- JLL, India's leading real estate professional services firm, today announced the launch of its Residential Brokerage Business that will offer a bouquet of technology-enabled advisory and transaction services to home buyers and developers. Significantly boosting and complementing the Firm's extensive real estate capabilities, this bespoke business will be led by industry veteran Siva Krishnan who brings over 2 decades of experience and has successfully advised and managed a variety of residential real estate investments in India. With the estimated revenue for FY 2018-19 expected to be around INR 4,000 crore, JLL has been growing exponentially in India for the past 20 years.
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He further added, "JLL has been at the forefront of technology developments and we will continue to invest in a tech-enabled platform to create a differentiated experience for our residential clients and developers. In an environment where home buyers expect complete transparency and a trustworthy advisor to help make the right decisions, we believe the timing and juncture couldn't have been more appropriate for us to introduce our residential services. Buying a home is one of the most important decisions for an Indian family and we want to be their partner of choice in this journey. Overall, it also helps us complete the entire bouquet of service offerings from JLL."
Siva Krishnan, Managing Director - Residential Business, said "JLL has an established presence in the residential space over the past 20 years. Through various business lines, we have catered to all kinds of requirements from developers, corporates and investors. From our past experience, we are aware that there is never a one-size-fits all in residential segment as the needs and requirements of every customer and developer is unique. With the launch of the Residential Brokerage Services, we plan to offer bespoke services to both the demand and supply side."
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