Reit-inspired improvements to India’s property sector are proving a boon amid the pandemic

In the league table of investment transactions in Asia’s commercial property sector, India has long been a bit player. Between 2017 and 2019 – record-breaking years for real estate deals globally – the region’s third-largest economy averaged just US$5.5 billion in annual transactions, accounting for a pitiful 3 per cent of yearly investment volumes in Asia, data from JLL shows. Real estate has suffered from the same woes plaguing other industries in India: a lack of regulatory transparency and…

Read the original article at South China Morning Post