JLL Launches India's First Comprehensive Real Estate Developer Solutions Platform

• To be country's foremost platform for builders across their real estate lifecycle
• Siva Krishnan appointed as Managing Director to lead the new business unit

Mumbai, April 04, 2018: JLL India today announced the launch of an innovative and path-breaking service, DEVELOPER SOLUTIONS – a horizontal platform geared to service the multiple requirements of the real estate developer community across their lifecycle. The platform will be led by Siva Krishnan, who re-joins JLL India as the Managing Director, Developer Solutions. In his previous role, Siva was the Senior Executive Director at CBRE and part of the India leadership team.

Developer Solutions is JLL's pioneering effort to create a comprehensive real estate services unit, providing developers with a multi-speciality pan-India solutions development team, thereby minimising the need to reach out to multiple service providers or separate teams –and seen for the first time within Indian Real Estate.

The formation of this unified platform includes the creation of a new SBU – Developer Initiatives, combined with JLL's highly in-demand Land Services and Strategic Consulting practices, all of which will be brought together under a single platform. The new Developer Initiatives service line will have a presence across cities, in order to ensure effective Solutions Development and Key Account Management.

As part of his new role, Siva will spearhead the three key portfolios of Developer Initiatives, Land Services and Strategic Consulting to create meaningful solutions across India's large developer eco-system. He will put in place a developer focused framework for both Strategic Consulting and Land Services, as well as create a first-time ever structure of pan-India solutions development & account management under the Developer Initiatives vertical.

The new service platform will give JLL a competitive edge in the India market, as it cohesively draws on the strengths of various specialised teams to create symbiotic solutions for developers. The platform will also leverage of JLL's various other services ranging from Funding & Investments, Landlord Representation, Office & Retail Brokerage, Property Management, Construction Management and more to create bespoke solutions to optimise resources, value and marketing efforts, geared towards higher revenue growth and profitability for developers.

Ramesh Nair, CEO and Country Head, JLL India said, "Developer Solutions provides access to our developer clients for utilising JLL's wide range of expertise, through a structured and integrated business solutions approach. As developer side businesses become more complex and competitive, a service such as Developer Solutions, will expand the builders' ability to create multi-level strategies for their businesses and ensure success within minimum lead times. As we move into a renewed phase of growth, the focus is not only on expanding our leadership, but also offering unique solutions to proactively render success to the development community."

Ramesh added, "Siva is an innovator at heart, which is the need of the sector and our business. Our already strong market presence will be further advanced through his evidenced solutions development strategies, innovative mindset as well as expertise in building and nurturing strong teams. I am delighted to welcome Siva back to the JLL family and look forward to a fruitful engagement."

Siva Krishnan, Managing Director, Developer Solutions, JLL India said, "I am extremely pleased to be back with JLL and look forward to working with a team of talented professionals in making our new client-focused platform a success. This new business initiative will ensure that developers are able to lead the forward march of the sector and are armed with strategic business solutions to maximise benefits from the country's growing economic strengths and latent demand for real estate. Through this new platform, I am confident that we will not only be able to add exponential value to mainline developers, but also offer unique solutions to mid-tier developers across the length and breadth of the country".

Siva has over two decades of experience in creating innovative solutions for Indian real estate. He earlier pioneered the concept of sole mandate sales, structured project marketing, integrated offline and online models, launched tech platforms, conceptualised large format property exhibitions and automated processes as winning strategies for the India residential sales ecosystem, in addition to being involved in many prestigious mandates across the country.

In spearheading this new platform, industry stalwart Siva Krishnan marks his return to JLL India, after a hiatus of almost 5 years. He was the Dy. Chief Operating Officer for JLL's residential arm, and instrumental in founding and building the business. He has also worked with HDFC Bank previously.