At a time when capital allocations to real estate are growing globally, investors are expecting transparency standards in real estate to be at par with other asset classes, says Anuj Puri.
Anuj Puri, chairman and country head at JLL India explains the dynamics of the city's real estate.
Everyone make mistakes, regardless of career experience, length of service or seniority. Firing someone for making a mistake maybe an error on your part. Once that person has made a mistake and realized the reasons behind it, they are highly unlikely to ever repeat their actions.
In India, real estate has remained largely outside the purview of formal economic activity.
Money invested in real estate, for income and capital growth, provides stable and predictable returns similar to bonds offering a regular return on investment, if the property is rented, as well as capital appreciation.
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