Property consultant JLL India to hire 1,000 employees this year

Company has no plans to expand its operations in the new cities but would rather strengthen the business and consultancy services at the existing locations, says company's India Chairman and Country Head

Property consultant JLL India will hire over 1,000 employees in this calendar year to support growth of the company, a top official said.

At present, JLL India has presence in 11 major cities across the country and has an employee strength of over 7,500.

"We will be adding more than 1,000 employees in this calendar year for our different services like consultancy, research, and facility management among others," JLL India Chairman and Country Head Anuj Puri told PTI.

However, Puri noted that the company has no plans to expand its operations in the new cities but would rather strengthen the business and consultancy services at the existing locations.

"We see aggressive growth over the next 12 months in JLL India as the Indian corporates and investment business starts to mature and grow more rapidly in India," Puri said.

On the real estate market, he said the "housing market is slow, but office market is expanding rapidly".

Real estate market, particularly housing segment, is facing slowdown from last few years due to higher property prices and costlier interest rates amid slow economic growth.

JLL India has offices in Ahmedabad, Delhi-NCR, Mumbai, Bangalore, Pune, Chennai, Hyderabad, Kolkata, Kochi, Chandigarh and Coimbatore.

The company provides range of services including research, analytics, consultancy, transactions, project and development services, integrated facility management and property and asset management among others.

JLL India, part of NYSE-listed JLL, also gives advisory services in the areas of capital markets, residential, commercial, hotels, health care, senior living and education.

With annual fee revenue of USD 4.7 billion and gross revenue of USD 5.4 billion, JLL has more than 230 corporate offices, operates in 80 countries and has a global workforce of about 58,000.