India Is Witnessing Almost 65% Surge In Land Deals, Led By Major Cities

Realestate18 Dec, 2024Real Estate

Between January and September 2024, the number of land transactions in India's real estate market increased by a significant 65%, totaling more than 1,700 acres. This expansion was driven by major cities like Bengaluru, property in Mumbai, and Delhi-NCR. With a 61% stake, residential real estate dominated the market, but there was also a sharp increase in interest in industrial, logistics, and data centers, all of which demonstrated the high level of investor confidence in India's promising economic environment.