India, April 30 -- For much of its history, real estate has been an instinct-driven asset class. Investment decisions were shaped by location narratives, broker recommendations, and anecdotal signals often passed through informal networks rather than structured data. Phrases like 'upcoming area' or 'high potential locality' carried weight, even when backed by limited empirical evidence.

Unlike equities or bonds, where price discovery is continuous and performance metrics are widely available, property markets have long been characterized by opacity. Information asymmetry was not an exception, it was the norm.

That paradigm is now beginning to shift.

A new generation of investors is approaching real estate with expectations shaped by fi...