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India's Deerfield; Teaching of India: To succeed in India one needs knowledge, skill and perseverance. A killer understanding of the local real estate scene helps, too.(Focus: Doing Business in India)(Vincent Lottefier of Jones Lang LaSalle Inc.)(Interview)
Crain's Chicago Business, April, 2007
Office parks. R&D facilities. Manufacturing plants. Amid the Hindu temples and historic mosques, cathedrals of commerce are popping up across India. IT and tech-outsourcing sectors account for 65% of the demand for office space, which has exploded along with the growing success of these industries.
Here to capitalize on the boom is Chicago-based international property consultant Jones Lang LaSalle Inc. With 1,500 employees in India, Jones Lang is helping clients find space not only in top-tier cities like Mumbai and Bangalore, but second-tier ones like Pune, Hyderabad and Chennai. Kolkata, the city formerly known as Calcutta that was once synonymous with abject poverty, is a new star attraction. From his office in Delhi's central business district, Vincent...
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