The project and asset management agency of Jones Lang LaSalle Meghraj is to provide a complete range of services for the Vedanta Industrial Township in Orissa. According to a press release from JLLM, it was awarded the contract to manage the 80-acre industrial township for three years. The Vedanta group has launched the Rs 300-crore township project scalable to 150 acres with bungalows, 2,500 apartments, studio apartments and hostel accommodation, shopping, a health club, school, healthcare centre. It has been designed to accommodate Vedanta’s management as well as its engineering and technical workforce.
The township project will provide a modern urban accommodation to over 2,500 employees stationed at the Jharsuguda aluminium plant. JLLM will handle the township management, including housekeeping, security, mechanical and electrical services, environment health and safety management, horticulture, club management, mall management, pest control services, landscaping services and waste management.
The project and asset management arm of JLLM has “more than 1.2 billion square feet of property and corporate real estate under management worldwide, making it a market leader in the segment,” says Col. Ashutosh Beri, Managing Director -Property and Asset Management, JLLM. “The primary objective of the services will be to reduce operating costs, enhance property values and simultaneously maintain a superior work environment for tenants.”
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