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.

Real Estate

24 Oct 2025

Alpine Luxury Homes Surge 23% Despite Global Slowdown

The latest Knight Frank Alpine Property Report 2026 reveals that Europe’s Alpine property market continues to outperform global luxury trends, with prime home prices rising 23 per cent on average over the past five years. The surge is being driven by year-round demand, flexible working lifestyles, and a growing appetite for permanent mountain living.The Knight Frank Alpine Property Index recorded 3.3 per cent annual growth, led by Andermatt (+14.6 per cent), Davos (+10 per cent), and Cortina d’Ampezzo (+10 per cent), underscoring the region’s resilience and enduring international appeal...

Infrastructure Urban

24 Oct 2025

Hindustan Zinc Partners with BecomingX for the World’s Deepest Marathon

Hindustan Zinc the world’s largest integrated zinc producer and one of the top five global silver producers, has announced its partnership with BecomingX for the World’s Deepest Marathon, an unprecedented endurance event set 1,120 metres below the Earth’s surface at Boliden’s Garpenberg zinc mine in Sweden.Taking place on October 25, the marathon will feature 60 runners from 18 countries — including CEOs, mining leaders, charity workers, and first-time marathoners — all uniting to raise $1 million for charity. Hindustan Zinc’s CEO, Arun Misra, and COO, Kishore S will represent th..

Infrastructure Urban

24 Oct 2025

Bridgestone India Honours Changemakers at Mobility Impact Awards 2025

Bridgestone India announced the winners of the 5th edition of its Mobility Social Impact Awards (MSIA) 2025, celebrating organisations that have leveraged mobility as a catalyst for social transformation. The award ceremony, held in Pune, brought together industry leaders, policymakers, and social innovators dedicated to advancing inclusive and sustainable mobility solutions.The awards were presented across two categories — Empowerment of Vulnerable Communities and Road Safety Innovation and Excellence — and felicitated by Dr. Girish Kulkarni, noted social worker and Founder of Snehalaya.�..