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 Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..