JLL India’s Residential Services Partners With
Snapdeal to Market Residential Properties Online
Collaboration to Provide Brokerage-Free Buyer Services In Primary Property
Sales
Delhi, 22 March 2016: The country’s premier International Property
Consultancy JLL India’s Residential Services division has partnered with
India’s largest online marketplace to market residential real estate in India.
The partnership will combine Snapdeal’s deep penetration into the Indian online
consumer market and JLL India’s expertise in residential real estate marketing.
With the added capabilities of the Firm’s recently launched dedicated
residential marketing portal JLLR.CO.IN, this move will cement JLL India’s
leadership stance in the country’s online and offline real estate markets.
Effectively, customers looking to purchase residential properties on Snapdeal
can now avail on-ground advisory and transaction services from JLL. While
Snapdeal will provide a seamless online real estate platform to enable home
searches, JLL will organise guided site visits, help clients negotiate with
developers and assist with documentation and mortgages.
Anuj Puri, Chairman & Country Head, JLL India says, “Ecommerce is
evolving rapidly and proving to be a major disruptor of traditional
marketplaces. In November 2015, India’s internet user base was around 402
million – today, it stands at just over 462 million. There is no ignoring the
power of the Internet and the online marketplace, and we will leave no stone
unturned to leverage this power. This partnership underscores our mission to
remain future-ready and ahead of the curve.”
The JLL-Snapdeal partnership will provide customers get an end-to-end
service spanning the entire home search and purchase process. Buyers will not
be charged brokerage on deals in the primary sales space, viz. purchases from
developers. Starting last week of March, JLL is hosting a unique online fest in
partnership with leading developers with best possible deals across India and
this partnership is timed to make the most of this strategic initiative.
Speaking about this partnership, Tony Navin, Senior Vice President,
Partnerships and Strategic Initiatives, Snapdeal said, “The real estate
category on Snapdeal has grown rapidly since its launch in August 2014. We have
forged alliances with some of the most trusted names in the real estate
industry to offer a range of housing options for our ever-expanding customer
base in a hassle-free and transparent manner. Our partnership with JLL India’s
Residential Services agency will further enhance purchase experience for our
real estate customers.”
About JLL..!
JLL (NYSE: JLL) is a professional services and investment management firm
offering specialized real estate services to clients seeking increased value by
owning, occupying and investing in real estate. A Fortune 500 company with
annual fee revenue of $5.2 billion and gross revenue of $6.0 billion, JLL has
more than 230 corporate offices, operates in more than 80 countries and has a
global workforce of more than 60,000. On behalf of its clients, the firm
provides management and real estate outsourcing services for a property
portfolio of 4.0 billion square feet, or 372 million square meters, and
completed $138 billion in sales, acquisitions and finance transactions in 2015.
Its investment management business, LaSalle Investment Management, has $56.4
billion of real estate assets under management. JLL is the brand name, and a
registered trademark, of Jones Lang LaSalle Incorporated.
JLL has over 50 years of experience in Asia Pacific, with over 32,000
employees operating in 83 offices in 16 countries across the region. The firm
was named ‘Best International Property Consultancy’ and ‘Best Property
Consultancy Asia Pacific’ at the International Property Awards Final 2015 as
well as number one real estate advisor in Asia at the 2015 Euromoney Real
Estate Awards.
About Snapdeal..!
Snapdeal’s vision is to create India’s most reliable and frictionless
commerce ecosystem that create life-changing experiences for buyers and
sellers. In February 2010, Kunal Bahl along with Rohit Bansal, started
Snapdeal.com – India’s largest online marketplace, with the widest assortment
of 30 million plus products across 800 plus diverse categories from over
125,000 regional, national, and international brands and retailers.
With millions of users and more than 275,000 sellers, Snapdeal is the
shopping destination for Internet users across the country, delivering to 6000+
cities and towns in India. In its journey till now, Snapdeal has partnered with
several global marquee investors and individuals such as SoftBank, BlackRock,
Temasek, Foxconn, Alibaba, eBay Inc., Premji Invest, Intel Capital, Bessemer
Venture Partners, Mr. Ratan Tata, among others. For further information, visit www.snapdeal.com
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