{"id":9136,"date":"2020-07-22T13:29:14","date_gmt":"2020-07-22T07:59:14","guid":{"rendered":"https:\/\/triumphias.com\/blog\/?p=9136"},"modified":"2020-07-22T13:29:14","modified_gmt":"2020-07-22T07:59:14","slug":"global-real-estate-transparency-index-2020","status":"publish","type":"post","link":"https:\/\/triumphias.com\/blog\/global-real-estate-transparency-index-2020\/","title":{"rendered":"Global Real Estate Transparency Index 2020"},"content":{"rendered":"<section class=\"hero-section\" data-type=\"type-1\">\n<header class=\"entry-header\"><span style=\"color: #0000ff;\"><strong>Relevance: Prelims: International<\/strong><\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/aniportalimages.s3.amazonaws.com\/media\/details\/Real_estate_JLL_July.jpg\" alt=\"JLL's latest Global Real Estate Transparency Index shows ...\" \/><\/p>\n<p><strong>Why in news?<\/strong><\/p>\n<\/header>\n<\/section>\n<div class=\"entry-content\">\n<p>\u2022 India is ranked 34th in Jones Lang LaSalle\u2019s (JLL) biennial Global Real Estate Transparency Index (GRETI) 2020.<\/p>\n<p><b>About:<\/b><\/p>\n<p>\u2022 JLL has been tracking real estate transparency since 1999. This 11th edition of GRETI covers 99 countries and territories, and 163 city regions.<\/p>\n<p>\u2022 The rankings have six Asia Pacific markets \u2013 Mainland China (32nd), Thailand (33rd), India (34th), Indonesia (40th), Philippines (44th) and Vietnam (56th) \u2013 among the top 10 biggest improvers globally.<\/p>\n<p>\u2022 Mature markets such as Australia (3rd) and New Zealand (6th) have maintained their positions near the top of the global ranking.<\/p>\n<p><b>Indian scenario:<\/b><\/p>\n<p>\u2022 India has also edged into the top 20 for Sustainability Transparency through the active role of organizations like the Indian Green Building Council and Green Rating for Integrated Habitat Assessment (GRIHA).<\/p>\n<p>\u2022 Within the realty sector, key structural reforms made in the recent past include the Real Estate Regulation and Development Act 2016 (RERA), GST, Benami Transaction Prohibition (Amendment) Act, 2016, Insolvency and Bankruptcy Code, digitization of land records etc.<\/p>\n<\/div>\n<p>&nbsp;<\/p>\n<p><span style=\"color: #0000ff;\"><strong>For more such notes, Articles, News &amp; Views Join our Telegram Channel.<\/strong><\/span><\/p>\n<p><a title=\"Telegram Link\" href=\"https:\/\/t.me\/triumphias\" target=\"_blank\"><span style=\"color: #ff0000;\"><strong>https:\/\/t.me\/triumphias<\/strong><\/span><\/a><\/p>\n<p><span style=\"color: #0000ff;\"><strong>Click the link below to see the details about the UPSC \u2013Civils courses offered by Triumph IAS.<\/strong> <\/span><span style=\"color: #ff0000;\"><strong><a style=\"color: #ff0000;\" title=\"Courses available\" href=\"https:\/\/triumphias.com\/pages-all-courses.php\">https:\/\/triumphias.com\/pages-all-courses.php<\/a><\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Relevance: Prelims: International Why in news? \u2022 India is ranked 34th in Jones Lang LaSalle\u2019s (JLL) biennial Global Real Estate<\/p>\n","protected":false},"author":1,"featured_media":7214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[123],"tags":[392],"class_list":["post-9136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-union-public-service-commission-upsc"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/9136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/comments?post=9136"}],"version-history":[{"count":1,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/9136\/revisions"}],"predecessor-version":[{"id":9137,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/posts\/9136\/revisions\/9137"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/media\/7214"}],"wp:attachment":[{"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/media?parent=9136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/categories?post=9136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/triumphias.com\/blog\/wp-json\/wp\/v2\/tags?post=9136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}