Global Real Estate Transparency Index: India ranks 35

Published on June 30, 2018
India was ranked 35th among 100 countries (countries) in recently released Global Real Estate Transparency Index (GRETI).
  • The index was released by realty consultant JLL.
  • India was ranked 36th in the index during the last bi-annual survey conducted in 2016 and 40th in 2014.
  • India's real estate market is currently placed in the ‘semi-transparent’ zone.

Top 10 countries in GRETI 2018:

  • United Kingdom
  • Australia
  • United States
  • France
  • Canada
  • Netherlands
  • New Zealand
  • Germany
  • Ireland
  • Sweden

Top 5 Worst Performers:

  1. Venezuela (100th)
  2. Libya (99th)
  3. Senegal (98th)
  4. Mozambique (97th)
  5. Ivory Coast (96th)

Rankings of BRICS countries apart from India:

  • South Africa (21st)
  • China (33rd)
  • Brazil (37th)
  • Russia (38th)

India's neighbours:

  • Sri Lanka (66th)
  • Pakistan (75th)

Reasons for India's improved ranking:

  • India has moved up one place due to improvement in market fundamentals, policy reforms, and liberalisation of FDI.
  • Digitisation of property records and industry status accorded to affordable housing also has helped India to improve its rankings.
  • India has emerged as one of the top ten countries to register maximum improvement in transparency in real estate over the last two years.

About me

ramandeep singh

My name is Ramandeep Singh. I authored the Quantitative Aptitude Made Easy book. I have been providing online courses and free study material for RBI Grade B, NABARD Grade A, SEBI Grade A and Specialist Officer exams since 2013.

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