Reinstating focus on India’s real estate

14 Jul 2020 CW Team

The widely considered transparency index, which evaluates on more than 200 variables, has up-ranked India on variables such as transparency, legal and regulatory framework, performance measurement, data availability and sustainability. India is also among the top 20 nations for its contribution to sustainability transparency through the active role of organizations like the Indian Green Building Council (IGBC) and Green Rating for Integrated Habitat Assessment (GRIHA).

Amid the current economic uncertainties, the release of the index has brought back the focus and trust in the Indian real estate sector. As the index is a benchmark for foreign and domestic investors, there will be an increased investment and inflow of FDI in the sector as India stands as one of the most favourable operating market.

Elaborating further on India’s ranking on the biennial index, Jaxay Shah, Chairman, CREDAI National, says, “Multiple factors have led to this positive development. We have seen increased corporate governance in the sector which enables transparency for financial stakeholders and customers at large. Also, policy reforms such as GST and Real Estate Regulation and Development Act (RERA), rolled out by the government needs to be credited for this improvement in the global ranking.”

Over the years, structural reforms such as Benami Transaction Prohibition (Amendment) Act-2016, Insolvency and Bankruptcy Code, digitisation of land records, among others, have played a crucial role in restructuring the ailing real estate sector.

Real estate is less unstable than the market-driven investments, it is definitely a safer bet in the current situation. The demand for residential real estate is likely to increase as millennials are key demand drivers, their preferences are now led by the prevailing uncertainties and India’s improvement in the transparency index adds to the confidence of the new age and potential home buyers.

In the recent launch of the 11th edition of Global Real Estate Transparency Index (GRETI) by JLL and LaSalle, India has ranked 34th on the index and has registered one of the largest improvement globally and regionally. The widely considered transparency index, which evaluates on more than 200 variables, has up-ranked India on variables such as transparency, legal and regulatory framework, performance measurement, data availability and sustainability. India is also among the top 20 nations for its contribution to sustainability transparency through the active role of organizations like the Indian Green Building Council (IGBC) and Green Rating for Integrated Habitat Assessment (GRIHA). Amid the current economic uncertainties, the release of the index has brought back the focus and trust in the Indian real estate sector. As the index is a benchmark for foreign and domestic investors, there will be an increased investment and inflow of FDI in the sector as India stands as one of the most favourable operating market. Elaborating further on India’s ranking on the biennial index, Jaxay Shah, Chairman, CREDAI National, says, “Multiple factors have led to this positive development. We have seen increased corporate governance in the sector which enables transparency for financial stakeholders and customers at large. Also, policy reforms such as GST and Real Estate Regulation and Development Act (RERA), rolled out by the government needs to be credited for this improvement in the global ranking.” Over the years, structural reforms such as Benami Transaction Prohibition (Amendment) Act-2016, Insolvency and Bankruptcy Code, digitisation of land records, among others, have played a crucial role in restructuring the ailing real estate sector. Real estate is less unstable than the market-driven investments, it is definitely a safer bet in the current situation. The demand for residential real estate is likely to increase as millennials are key demand drivers, their preferences are now led by the prevailing uncertainties and India’s improvement in the transparency index adds to the confidence of the new age and potential home buyers.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Equipment

10 Mar 2026

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

Equipment

10 Mar 2026

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..