Business
Riding the Wave of Success: How Lower Office Rents and Increased Market Transparency are Fueling India’s Property Market Boom
Perspective | The reasons behind the growing power of India's real estate market
Decreased rental rates for offices, increased consumer spending, and significant improvements in the transparency and fluidity of the market are propelling India forward, leaving other nations behind.
Just last week, JLL and LaSalle released the newest version of their Global Real Estate Transparency Index. This index serves as a standard for measuring market transparency in 89 nations and regions. It evaluates factors such as the legal and regulatory backdrop, accessibility of information, and operational circumstances across numerous geographical areas.
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