Gurgaon: JLL India, the leading international property consultancy, has appointed Ashwinder Raj Singh as the new head of its Residential Services business.
As CEO - Residential Services, Ashwinder Singh will take charge of JLL India’s residential sales and leasing business across the country and simultaneously take up a position within the Firm's India Leadership Council, a JLL India release said.
A seasoned market veteran with 18 years of hands-on experience in the real estate and financial services domain, Ashwinder Singh's forte lies in leading large sales, marketing and product teams, and particularly in meeting targets amid challenging market conditions.
Importantly, as erstwhile EVP & Country Head - Sales & Distribution at IndiaHomes.com, Ashwinder brings to the table a deep expertise in in the areas of online technology and digital marketing. These are vital focus areas for JLL India's residential services division, and of critical importance to the Firm's forward-looking vision for this predominantly B2C business.
Prior to entering real estate, Ashwinder held senior positions in leading global institutions like Citibank, Deutsche Bank, ICICI Bank and Fullerton Securities.
Anuj Puri, Chairman & Country Head, JLL India said, "Over the past few years, JLL's residential business has been a remarkable success story, and we firmly believe in the unfettered potential that this segment offers. Given his expertise within the real estate industry and particularly in the digital marketing domain, Ashwinder will play a key role in boosting our success in this business to the next level."
The residential market in India is almost 85% of the total real estate market. With the green shoots of revival after a prolonged slowdown now very visible, the residential space will touch the $8 BN mark by 2020. This will be backed by easy loan affordability, the fact that 65% of the Indian population are looking to buy their first homes, and a neo urban rich segment of 30 million in the income bracket of above Rs. 10 lakh p.a. within this period.
Ashwinder Singh on his new role, said: "I am honoured and excited to take charge of the residential services business of India's largest and leading international property consulting firm. JLL India has a clear and detailed road map for expansion of this business. My immediate focus area will include providing customers an open architecture platform where they can chose the best homes on the basis of their requirements and our exhaustive due diligence standards. We are also expanding the operational base, and will now cater to residential consumers across all the major cities across length and breadth of India as well as abroad."
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