India's Real Estate Climbs to 'Transparent Zone' in Global Index

India's top real estate markets have entered a 'transparent' zone for the first time, driven by institutionalisation and improved data access, according to JLL's Global Real Estate Transparency Index 2024. India ranks 31st globally, marking significant progress in transaction processes and market fundamentals.

India's major real estate markets have achieved 'transparent' status for the first time, driven by the institutionalisation of commercial assets and enhanced data access, says property consultant JLL.

JLL's 'Global Real Estate Transparency Index 2024' reveals that India's tier-I markets scored 2.44, ranking 31st among 89 countries.

This milestone reflects India's strides in data quality and institutional participation, positioning it as the top global improver. Regulatory advancements and digital innovations have also played a crucial role.

(With inputs from agencies.)