India was ranked 35th among 100 countries (countries) in recently released Global Real Estate Transparency Index (GRETI).
In this edition of index, India has moved up one place due to improvement in market fundamentals, policy reforms, and liberalization of FDI.
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.
Its real estate market is currently placed in the ‘semi-transparent’ zone.
The Top 5 countries are United Kingdom (1st), Australia (2nd), United States (3rd), France (4th), Canada (5th).
Top 5 worst performers are Venezuela (100), Libya (99), Senegal (98), Mozambique (97) and Ivory Coast (96).