By Taazakhabar News Bureau
Leading international property consultancy JLL India has announced the launch of its dedicated Infrastructure Services vertical, which will specifically address the requirements and opportunities that the infrastructure sector will represent till 2020. JLL is the first International Property Consultancy to offer this service within the country.
Anuj Puri, Chairman & Country Head, JLL India, says, “The newly-launched Infrastructure Services business will sharpen focus for the firm’s deep capabilities within the high-potential infrastructure sector. The Modi government has imparted a huge focus on the infrastructure sector through a series of recent measures such as increased budgetary allocations, creation of a National Investment & Infrastructure Fund, plans to establish 100 Smart Cities, as well as an investment of USD 1 trillion in upscaling the country’s infrastructure over the next few years.”
The new services vertical will be led by Shubhranshu Pani, a senior leader and veteran with over 17 years within the real estate industry, who is transitioning from his post of Jt. Managing Director, Retail Services to lead this practice. Shubhranshu Pani is credited with having incubated and jointly established the firm’s retail services business. Thanks to him and his team’s efforts, JLL is today the clear market leader in retail real estate transactions and advisory in the country.
As Managing Director – Infrastructure Services, Shubhranshu Pani will bring into play his vast repertoire of experience within the renewable energy, real estate consulting, valuations and research, infrastructure tourism and retail leasing domain.
Shubhranshu Pani says, “This is an exciting and challenging opportunity in which I will be able to fully tap into my technical background and experience. I am privileged and excited to spearhead this unique services vertical and look forward to my new responsibilities. I am already in the process of building a team of experts with diverse experience within urban and social infrastructure. Thanks to JLL’s leadership positioning in these domains, we have a rich pool of specialists in infrastructure and Smart City advisory as well as Education, Healthcare and Senior Living (EHS). My own capabilities in advising national, international and government agencies on their short-term and long-term infrastructure strategies will obviously come into full play.”
JLL’s Infrastructure Services Practice will provide real estate and advisory solutions to priority sectors such as:
- Urban Infrastructure (Mass Transit Systems, New Capital Cities, Food Parks, Utility Services and Car Parks)
- Social Infrastructure (Education, Healthcare & Senior Living)
- Transportation (Airports, Road, Highways and Ports), and
- Public Private Partnerships (PPP) with government, industry and tourism bodies.
The launch of JLL’s Infrastructure Services Practice is both a natural progression for the firm’s blue ocean philosophy towards organic growth, and its focus on remaining future-ready for the rapidly evolving opportunities in India’s real estate sector. This is also aligned to the growth led investments that JLL India has done since 2011 in incubating and nurturing new business opportunities, illustrated by the clear success seen in Sri Lanka operations, JLL Investment Advisors and Residential Services.