Business Economy


JLL Business Services signs 1.20 lakh Sq.ft office space in Hyderabad, creating 1,600 highly skilled positions

Hyderabad, Dec 9 (UNI) JLL, a leading global commercial real estate and investment management company, on Tuesday announced it has signed a lease for a major new office facility in Hyderabad.
JLL plans to create over 1,600 highly skilled positions focused on advanced business operations by the end of Q1 2026.
The new 120,000 sq. ft facility for JLL Business Services (JBS) - JLL’s global operations delivery platform - will span two floors in the Prestige Sky Tech building within Hyderabad's Financial District.
The location will serve as JBS’s 's second strategic hub in India. This marks a significant evolution from traditional support services to strategic business operations that drive JLL's global real estate consulting excellence.
Once operational, this expansion will position Hyderabad alongside JLL's other Shared Service Centres across six countries, employing over 6,000 professionals, with over 50% based in India.
JBS, the company's Global Capability Center (GCC), delivers advanced analytics, technology-enabled solutions, and strategic advisory services including finance operations, HR operations, Project and Development services, lease administration, and complex business processes that support JLL’s worldwide client operations.
Matthew Rees, Chief Shared Service Center Officer, JLL Business Services said "We are not simply adding office space – we're planning to create opportunities for professionals to contribute to world-class operations that directly influence commercial real estate decisions across global markets. Our future Hyderabad team will tackle sophisticated challenges in data analytics, financial modeling, and operational excellence that shape the future of our industry." .
This expansion reflects India's remarkable transformation as a talent destination for global enterprises. The country's unique combination of technical expertise, cultural alignment with collaborative work, and cost efficiency has made it an indispensable partner for multinational operations, he added.
"India's emergence as a global innovation hub is powered by the world's largest pool of STEM talent, with over 2.5 million graduates entering the workforce annually," said Dheeraj Popli, Head, Global Service Center, India, JLL Business Services. ]
"Indian professionals now spearhead cutting-edge R&D, AI development, and complex business operations that directly influence global decision-making. Our workforce's combination of deep technical skills and collaborative cultural values makes India the preferred destination for high-value functions across the real estate industry," he added.
The planned facility will incorporate cutting-edge workplace design aligned with JLL's research on employee preferences and productivity.
Key features will include collaborative spaces designed for hybrid work environments, advanced technology infrastructure supporting real-time global operations, LEED-certified sustainable design elements, comprehensive wellness amenities including fitness facilities and quiet zones, and flexible spaces that accommodate diverse work styles from focused individual work to large team collaboration.
These design choices directly reflect insights from JLL's Workforce Preference Barometer 2025, which surveyed 8,700 employees across 31 countries, including 626 respondents from India. The research reveals that 83% of Indian employees express positive attitudes toward return-to-office requirements, significantly higher than the 75% Asia-Pacific average, driven by strong cultural values around teamwork and collaborative problem-solving.
JLL's planned investment capitalizes on Hyderabad's transformation into one of India's premier business and technology centers.
The city offers world-class infrastructure, abundant skilled workforce, and business-friendly policies that support complex global operations while maintaining competitive costs.
The Financial District location will position JLL alongside Fortune 500 companies and serves as the Indian headquarters for global organizations across multiple industries.

This expansion aligns with broader trends in India's Global Capability Center landscape, where the country now hosts over 1,950 GCCs employing more than 1.9 million professionals.
International companies increasingly view India as an innovation partner rather than a cost center, with cities like Hyderabad leading this strategic evolution alongside established centers in Bengaluru, Mumbai, and Chennai.
UNI KNR
More News

NITES complains to Centre over Wipro hiring

19 Jan 2026 | 9:41 PM

Bengaluru, Jan 19 (UNI) The Nascent Information Technology Employees Senate (NITES) has formally submitted a complaint to the union Labour Minister Mansukh L Mandaviya against Wipro Limited, citing serious recruitment irregularities affecting over 250 selected fresh graduates across multiple states.

see more..

New IBM platforms lets businesses, govts control AI workloads locally

19 Jan 2026 | 9:25 PM

Bengaluru, Jan 19 (UNI) IBM has launched a new software called IBM Sovereign Core, designed to help businesses, governments, and service providers manage AI workloads securely while keeping full control over their technology.

see more..

UP secures Rs 9,750 cr MoUs at Davos

19 Jan 2026 | 9:16 PM

Davos/ Lucknow, Jan 19 (UNI) The Uttar Pradesh Government delegation, led by state finance and parliamentary affairs Minister Suresh Kumar Khanna, began its engagements at the World Economic Forum (WEF) meeting in Davos with a strong focus on forging global partnerships and securing high-impact investments.

see more..

Arya Omnitalk CEO backs CCPA crackdown on illegal walkie-talkies

19 Jan 2026 | 9:13 PM

Bengaluru, Jan 19 (UNI) The Central Consumer Protection Authority's (CCPA) crackdown on the illegal sale of walkie-talkies on e-commerce platforms is timely and essential to protect both consumer safety and national security, Arya Omnitalk CEO Paresh Shetty said on Monday.

see more..

Nifty falls below 25,500 amid weak global cues

19 Jan 2026 | 7:37 PM

New Delhi, Jan 19 (UNI) The Indian stock market on Monday began the week on a subdued note. Nifty fell below 25,500 intraday amid weak global cues triggering broad-based profit booking.

see more..