LIASES FORAS REAL ESTATE RATING & RESEARCH PRIVATE LIMITED

Liases Foras Real Estate Rating & Research Pvt Ltd is an Indian real estate research, data analytics, valuation, and advisory firm headquartered in Mumbai. Established in 1998, the company's core mission is to provide unbiased market intelligence, risk advisory, development guidance, and valuation services by leveraging a data-driven, scientific approach to real estate analysis.

The firm offers a suite of products and services designed for various stakeholders in the real estate sector. Key offerings include RESSEX, an online database for project performance and risk ratings; Desktop Valuation for automated property valuations; and Desktop Feasibility Solution (DFS) for project viability assessments. Their advisory services encompass market intelligence, risk assessment, development consulting, highest and best use studies, and comprehensive valuation services for lenders, developers, funds, and corporations.

Liases Foras positions itself as India's sole non-brokerage real estate research company, maintaining one of the country's largest structured real estate databases covering over 60 cities. Co-founded by Pankaj Suresh Kapoor, who serves as Managing Director, and Vineeta Pankaj Kapoor, the company regularly publishes market insights. Recent activities include a March 2026 collaboration with CREDAI for the Indian Real Estate CY 2025 Report, which highlighted significant growth in the premium housing segment, and an October 2026 report on rising unsold inventory in major Indian cities. The company also introduced the Alpha Grade Luxury Asset Framework, targeting premium investment-grade projects.