Current Affairs - National - Discussion

India has been ranked 35th in the 2018 Global Real Estate Transparency Index (GRETI), according to a report by real estate advisory firm Jones Lang LaSalle Inc. (JLL). The ranking is expected to improve further in the GRETI 2020 survey, on the back of several government initiatives such as Real Estate (Regulation and Development) Act (RERA), GST and Benami Transactions Act. In it, India's real estate market is currently placed in the 'semi-transparent' zone. According to the survey, UK is at the top position followed by Australia and the US. France, Canada, Netherlands, New Zealand, Germany, Ireland and Sweden are in top 10 in the list of 100 countries.