The Jones Lang LaSalle (JLL) 2012 Global Real Estate Transparency Index
has revealed renewed impetus in transparency across the world's real estate
markets.
India, although, improved its overall
transparency rating, its Tier I cities (Delhi NCR, Mumbai & Bangalore) were
ranked lower at 48 in 2012, compared to 41 in 2010.
The tier II cities (like Chennai,
Hyderabad,Kolkata & Pune) were stable at the 49th place globally,and tier
III cities (Ahmedabad, Coimbatore, Kochi, Bhubaneswar & Visakhapatnam)
improved their ranking to 50 in 2012 compared to 55 in 2010.
As against this, the tier I and II
cities of both China & Philippines
moved ahead of India.
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