JLL India Launches Online Platform for Office Leasing

Property consultancy JLL India today announced the launch of ‘Property.jll.co.in’ its proprietary online portal for Pan India office leasing options. This online marketplace will offer office tenants and landlords a convenient search medium and end-to-end transaction engine. According to the company, the web portal makes JLL's comprehensive aggregated database of more than 3,500 office space listings across the country available online. It will deliver accurate and relevant office details including available units, rentals and location details such as connectivity and surrounding infrastructure in and around the commercial building to enable highly simplified, time-effective and productive search process. Ramesh Nair - CEO & Country Head, JLL India said, “The Indian office leasing landscape is constantly evolving – particularly for small to mid-sized businesses and technology startups. This premier online solution to accessing the cream of India’s commercial real estate space picks is an additional channel JLL India gives its clients to complement our strong and industry-leading network of office brokers. Property.jll.co.in is by far the most comprehensive online aggregation of office spaces available in India.” The company believes this cutting-edge platform will disrupt and transform the manner in which office space is searched and leased in the country today. The comprehensive Pan-India online office spaces listing is backed by a robust technology which ties seamlessly into JLL’s offline brokerage network, providing a unique blended proposition for rapid and highly effective CRE decisions. The online web portal will address the needs of all kinds of companies including SMEs, mid-sized and smaller organizations to fulfill office space requirements hitherto serviced by local brokers lacking a comprehensive view of available spaces. Nitish Bhasin, Managing Director - Markets, JLL India commented, "This online solution will result in vastly optimized speed to occupancy via which landlords can efficiently monetize and promote available spaces directly to tenants at pre-negotiated leases. The Indian Government's 'Digital India' initiative envisages a 360-degree transformation of the country's landscape via a digitally empowered society and a knowledge economy. We are already witnessing the results of this transformation. India’s internet users are expected to grow from 373 million (28% of the population) in 2016 to 829 million (59% of the population) in 2021. Business real estate stakeholders will benefit significantly from easy access to a wide range of office options to address new business models and shifting market conditions."