India ranks 34 on real estate transparency index |ForumIAS

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News: Global Real Estate Transparency Index(GRETI) has been released by JLL and LaSalle, a global real estate services company.

Facts:

The index is released biennially.It ranks 99 countries and territories and 163 cities globally.
Parameters: It assesses real estate market transparency based on over 200 individual indicators relating to: investment performance, market fundamentals, governance of listed vehicles, regulatory & legal environment, transaction process and sustainability.

Key Takeaways:

Top Rankers: United Kingdom(UK) followed by United States(US) and Australia.
India: It has been ranked at 34th in the index.In 2018,India was ranked 35th.