Global Real Estate Transparency Index
- Posted By
10Pointer
- Categories
Polity & Governance
- Published
23rd Jul, 2020
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- GRETI is released by Jones Lang LaSalle’s (JLL), a global real-estate firm.
- JLL has been tracking real estate transparency since 1999; the recent GRETI edition covers 99 countries and territories, and 163 city regions.
- The rankings have six Asia Pacific markets, among the top 10 biggest improvers globally.
- Mainland China (32nd),
- Thailand (33rd),
- India (34th),
- Indonesia (40th),
- Philippines (44th)
- Vietnam (56th)
- India’s higher levels of ranking are due to regulatory reforms, enhanced market data, and sustainability initiatives.
- India has also edged into the top 20 for Sustainability Transparency through the active role of Indian Green Building Council and Green Rating for Integrated Habitat Assessment (GRIHA)
- GRIHA is a national rating system for green buildings that is adopted while designing and evaluating new buildings.