JLL launches its PropTech app for residential property management

by Shrutee K/DNS 

“Overview by JLL” is expected to benefit 60,000 residents across 80+ residential societies

Mumbai, January 30, 2020 – JLL today announced the official launch of its first property management mobile application 'Overview by JLL' for residential societies. The app automates daily chores and streamlines some of the key concerns at residential societies such as visitor management, billing and payment, and facility booking etc. This, in turn, elevates the overall experience for residents staying at a property managed by JLL.

The real-estate sector has been leveraging technology across segments and JLL has been at the forefront of many such innovations to create efficient processes, implement infrastructure changes, integrating technology that prepares business for the future.

Overview by JLL is expected to be rolled out for more than 80 JLL managed residential societies in India by the end of 2020, with more than expected 60,000 residents using the app.

Ramesh Nair, CEO and Country Head, India, JLL said, “We are increasingly embracing technology to meet client needs and anticipate opportunities. The launch of ‘Overview by JLL’ app is a step forward in the same direction. With this app, we aim to bridge the gap between property managers or developers, and residents by improving efficiency and elevating experiences to increase the value of the properties we manage. Taking a data-driven, technology-first approach is key to building value for our clients, and, with the rise of technologies like machine learning, artificial intelligence, IoT and software automation, there is enormous opportunity to achieve better outcomes."

"JLL has a history of technology innovation, launching new products and services to better suit the changing needs of our clients and improve the real estate lifecycle. For example, last year, the company launched JiLL, an AI-powered, conversational smartphone app that helps employees streamline their work and be more productive. JLL’s technology portfolio also includes advisory solutions like Utilization Intelligence which helps client’s better leverage their real estate footprints,” added Ramesh.

Dinesh Wadehra, Managing Director, Property and Asset Management - India, JLL, said “With a portfolio of approximately 277 million sq.ft composition of all asset classes and spread across more than 335 properties across India, the experience we impart to residents, developers and our vendor partners is the cornerstone of the app. We have been extremely careful to ensure that while we introduce technology to manage routine tasks, we also simplify processes and create unique experiences. This application automates multiple business operations and is one of the most comprehensive property management apps today. It is a result of analysing customer feedback and combining it aptly with our expertise in this field. I am delighted to say that residents at JLL manage societies will soon experience a new way of living.”

“Overview by JLL” is powered by Zipgrid – a full-stack PropTech platform for real estate asset management. It has pioneering approach to manage societies & building associations with its knowledge services. JLL Inc, through its Global Technology Ventures Fund, is also an investor in Zipgrid.

About JLL: JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management, headquartered out of Chicago. A Fortune 500 company with annual revenue of $16.3 billion, JLL operates in over 80 countries and a global workforce of more than 93,000 as of September 30, 2019. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, please visit jll.com.

In India, JLL has an extensive presence across 10 major cities (Mumbai, Delhi NCR, Bengaluru, Pune, Chennai, Hyderabad, Kolkata, Ahmedabad, Kochi and Coimbatore) and over 130 tier II & III markets with a cumulative strength of close to 12,000 professionals. Headquartered out of Mumbai, we are India’s premier and largest professional services firm specializing in real estate. Our services cover various asset classes such as commercial, residential, industrial, retail, warehouse and logistics, hospitality, healthcare, senior living, data centre and education. For further information, please visit jll.co.in