India

Note: Calculation based on four quarter moving average NHB RESIDEX, India’s first official housing price index, was an initiative of the National Housing Bank (NHB) undertaken at the behest of the Ministry of Finance, Government of India. The index was formulated under the guidance of a Technical Advisory Committee (TAC) comprising of stakeholders from the housing market. It was launched in July, 2007 and updated periodically till March 2015, taking 2007 as the base year. During this period, the coverage of NHB RESIDEX was expanded gradually to 26 cities Initially, NHB RESIDEX was computed using market data, which 2010 onwards, was shifted to valuation data received from banks and housing finance companies (HFCs). Thereafter, data was sourced from Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) from 2013 to 2015. With a view to make the NHB RESIDEX more current and up-to-date with the prevailing macro-economic scenario, NHB undertook a review of the processes and methodology used for computation of the index along with the base year and segmentation used.

Data cited at: Heritage Foundation   Economic freedom is the fundamental right of every human to control his or her own labor and property. In an economically free society, individuals are free to work, produce, consume, and invest in any way they please, with that freedom both protected by the state and unconstrained by the state. In economically free societies, governments allow labor, capital and goods to move freely, and refrain from coercion or constraint of liberty beyond the extent necessary to protect and maintain liberty itself. Economic Freedom Scores: Range and level of freedom 80–100:- Free 70–79.9:- Mostly Free 60–69.9:- Moderately Free 50–59.9:- Mostly Unfree 0–49.9:- Repressed

The 2022 IPRI classifies 129 countries, representing 93.91% of the world population and 97.73% of the global GDP. The selection of countries was determined solely by the availability of sufficient data. The results continue to suggest that countries with high scores on the IPRI and its components also show high levels of income and development, indicating the positive relationship between a property rights regime and quality of life. The average score of the IPRI for 2022 is  5.19, where the Legal and Political Environment (LP) was the weakest component with a score of 5.06, followed by the Intellectual Property Rights (IPR) component with a score of 5.24; and quite close, the Physical Property Rights (PPR) was the strongest component with a score of 5.27  For the fourth consecutive year, we found a decrease in the overall score of the IPRI and this year, also for all of its components. Finland leads the IPRI (8.17) as well as its PPR component (8.53), while New Zealand leads the LP (8.76) and the USA the IPR component (8.73). Singapore ranks 2nd in its IPRI score (7.97) followed by Switzerland (7.94) and New Zealand (7.93).