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.
