The Desk will be led by Swati Shanker, Lead – India Desk, who is based in Dubai and AmitPande, Head of Private Wealth, India and Middle east, based in Mumbai.
According to a press release, the new initiative will support GCC investors in managing their real estate investments and holdings in India while also advising investors and developers from India on entering the UAE and wider GCC markets. The Desk is currently advising investors in Dubai to fund a development project in Mumbai, and is also shortlisting land acquisition opportunities in India for an Abu Dhabi-based group.
Anuj Puri, Chairman and Country Head, JLL India, said, “We continue to see a significant interest from investors and developers from the GCC for India, and vice versa. By establishing this channel, we will ensure that our clients receive the same high quality of services that they are accustomed to across the globe.”
Commenting on the new initiative, Gaurav Shivpuri, Head of Capital Markets, JLL MENA, said: “India has had a long-standing partnership with the UAE, and it continues to play a huge role in the region’s economic success. As business interests resonate across borders, it is an opportune time to set up a platform to facilitate cross-border investments.”