Bangalore: The rapid development and progress of the city have attracted many real estate investors to come up with new and upbeat ventures in Bangalore. Not only local even the global market is showing interest in Bangalore real estate sector. Recently Jones Lang LaSalle (JLL), international property consultant is planning to make their first real estate investment in India and has chosen none other than Bangalore for their initial fund deal.The business deal will be handled by Jones Lang LaSalle’s Segregated Fund group which is a new investment medium of this consultancy that will concentrate on financial investments made in Indian real estate market. This global consultancy is all set to invest around ‘30 crore in plush residential projects.JLL is discussing their plans with two of the well-known realty developers of Bangalore and has shortlisted 3 to 4 locations in the city where they can start their venture. JLL is thinking off merging four sites together and develop a single posh residential project.As JLL is hoping to make a huge profit in Indian property market, Bangalore economic condition is viewed to be one of the finest for private equity in India.Though last year the residential market witnessed a slowdown in India, luxurious housing projects were burgeoning swiftly across the country. Over 10,800 crore value projects were launched in 2012.The soaring job opportunities in Bangalore have elevated the commercial market which in turn has contributed towards the upliftment of residential sector too. There are clusters of luxurious housing projects coming up in the city.Segregated Funds Group is a regulated investment company that has an amount of about Rs. 300 crore which will be used by JLL for their primary investment in India.займ на карту без отказов круглосуточновзять кредит онлайн
