Realty brokerages consolidate ahead of new law

Anuj Puri will lead a team of 200 residential brokers across eight Indian cities

People who have worked with Anuj Puri say he is a workaholic and used to live out of a suitcase when he was the chairman and country head of JLL in India. He quit suddenly, leaving many surprised. But, barely three months later, Puri is now back once again. The US-based real estate brokerage firm said on Tuesday it was selling its residential brokerage business JLL Residential to Puri who is setting up a technology-led brokerage firm. The business under Puri will continue with the existing brand JLL Residential. The deal value is not known. Puri will lead a team