Pakistan and Saudi Arabia have also seen rising transparency over the past two years, with regulatory reforms and increased data collection and publication by government bodies and international market participants contributing to their progress .

LAHORE: Pakistan has been ranked at 75th with a score of 3.99 in the bi-annual Global Real Estate Transparency Index 2018 report released on Thursday.

Pakistan was positioned in the low-ranking tier behind Iran and arch-rival India which registered an improvement by moving up one ranking to 35th with a score of 2.71.

Pakistan jumped up 15 positions to 75th in 2018 compared to 88th in 2016 when South Asia’s first REIT had pushed the country into the “low transparency” category.

Posted By: Raheel Posted Date: 2018-09-05