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Article: India tops BRIC nations in real estate transparency index.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- December 8, 2008
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India tops BRIC nations in real estate transparency index
New Delhi, Dec 8 (PTI) -- India as an investment destination has steadily moved up the value chain over the last six years with increasing transparency in the real estate sector, a study said here.
According to the Jones Lang LaSalle 2008 Real Estate Transparency Index, India scores highest among BRIC (Brazil, Russia, India and China) nations with a large number of listed real estate players that adhere to the stringent guidelines by Securities and Exchange Board of India (SEBI).
"Present consolidation underway has accelerated a welcome transparency into the Indian real estate market. The ...