At least 59 land deals totalling 2,018 acres closed so far this year: Report
1 year, 4 months ago

At least 59 land deals totalling 2,018 acres closed so far this year: Report

Hindustan Times  

At least 59 land deals have been struck involving 2,018 acres so far this year across the country for the development of real estate projects and industrial purposes, according to Anarock. "Our latest research indicates that as many as 59 separate land deals for over 2,018 acres have been closed across the country between January to August 2023," Anuj Puri, Chairman of Anarock, said. In the corresponding period last year, he said about 50 land deals for 1,438-plus acres were closed across various cities. Three land deals, totalling 154 acres, have been struck for plotted developments in cities like Chennai, Raigad and Gurugram.

Bengaluru Delhi Chennai Land Deals Gurugram Noida Puri Acres Land Deals  2018  59  cities  real  far  deals  transacted  separate  acres  saw  total  land  totalling  closed  report

History of this topic

New infra corridors spark a flurry of land deals in the Bengaluru real estate market in 2024
1 week, 3 days ago

New infra corridors spark a flurry of land deals in the Bengaluru real estate market in 2024

Hindustan Times  

Post-Covid, Bengaluru has become a bustling metropolis, with several MNCs and startups constantly expanding their commercial portfolio. Here are the top 5 land deals transacted in the Bengaluru real estate market 1) In July, Bengaluru-based real estate developer Puravankara Ltd acquired a 7.26-acre land parcel in the Hebbagodi suburb of Bengaluru to develop a luxury residential project worth over ₹900 …

Puravankara acquires 7-acre land parcel in Bengaluru to develop housing project worth ₹900 crore
6 months ago

Puravankara acquires 7-acre land parcel in Bengaluru to develop housing project worth ₹900 crore

Hindustan Times  

Bengaluru-based real estate developer Puravankara Ltd has acquired a 7.26-acre land parcel in the Hebbagodi suburb of Bengaluru to develop a luxury residential project worth over ₹900 crore, the realty player said in a statement on July 2. Puravankara Ltd acquires 7-acre land parcel in Bengaluru to develop a housing project worth ₹ 900 crore The high-end housing project will …

Microsoft buys 48-acre land parcel in Hyderabad in a transaction estimated to be worth ₹267 crore
8 months ago

Microsoft buys 48-acre land parcel in Hyderabad in a transaction estimated to be worth ₹267 crore

Hindustan Times  

Tech giant Microsoft Corporation Pvt Ltd has bought a 48 acre land parcel in Hyderabad for ₹267 crore, documents accessed by Propstack showed. Tech giant Microsoft has bought an almost 48 acres land parcel in Hyderabad for ₹ 267 crore The sale deed was registered on April 18, the documents showed. The per acre price for the land parcel, located …

Deepinder Goyal bought 5 acres for ₹79 crore in Delhi’s biggest land deal in FY2024; 29 land deals closed in Delhi-NCR
8 months, 1 week ago

Deepinder Goyal bought 5 acres for ₹79 crore in Delhi’s biggest land deal in FY2024; 29 land deals closed in Delhi-NCR

Hindustan Times  

While there were 29 land deals spread across 314 acres closed in FY2024, there was one large deal in Delhi and the individual buyer was Deepinder Goyal, co-founder and CEO of the online food delivery firm, Zomato, who bought a 5 acre land parcel in Dera Mandi area for ₹79 crore, data accessed by Anarock showed. While there were 29 …

Sumadhura Group acquires 40 acres of land in Bengaluru for ₹800 crore; to develop four housing projects
8 months, 2 weeks ago

Sumadhura Group acquires 40 acres of land in Bengaluru for ₹800 crore; to develop four housing projects

Hindustan Times  

Sumadhura Group, a real estate developer active in South India, has said that it has acquired 40 acres in Bengaluru for approximately ₹800 crore, setting the stage for a revenue potential of up to ₹6000 crore residential project pipeline to cater to the demand for housing units in Bengaluru. The four land parcels acquired recently, are a combination of both …

Delhi-NCR saw 29 land deals for approximately 314 acres closed in FY-24; Gurugram leads with 22 land deals
8 months, 2 weeks ago

Delhi-NCR saw 29 land deals for approximately 314 acres closed in FY-24; Gurugram leads with 22 land deals

Hindustan Times  

Delhi-NCR saw 29 land deals spread across 314 acres closed in FY 2024 as against 23 land deals covering approximately 273.9 acres in FY 2023, data shared by Anarock shows. In Gurugram 22 land deals totaling 208.22 acres were closed. “About 26 separate land deals, totaling approximately 298 acres, were proposed for residential and township projects to meet the region’s …

Land Deals For 2,989 Acres Closed In FY24, NCR Leads Indian Cities: Report
8 months, 2 weeks ago

Land Deals For 2,989 Acres Closed In FY24, NCR Leads Indian Cities: Report

News 18  

The residential segment continues to drive the Indian real estate market, which also reflects in the land deals it is generating. “Interestingly, out of the total land deals in FY-24, over 83 deals for about 1,135 acres were closed in the top 7 cities alone,” said Anuj Puri, chairman, Anarock Group. Tier 2 & 3 cities have once again emerged …

At least 97 land deals for more than 2700 acres closed across the country in 2023
11 months, 3 weeks ago

At least 97 land deals for more than 2700 acres closed across the country in 2023

Hindustan Times  

The land acquisition spree of financially strong developers and entities continues and as many as 97 separate land deals were closed for over 2707 acres in 2023 across the country. Land deals in 2023 Of the 97 land deals closed in 2023, about 74 deals for over 1,945 acres are proposed for residential development across tier 1, 2 and 3 …

The big land rush is back in India
2 years ago

The big land rush is back in India

Live Mint  

In November, Godrej Properties Ltd bid for two land parcels along the Noida-Greater Noida Expressway. 'Bid to sully India’s tag as pharmacy of the world' 'EVs won’t need sops once market share surges' 2023 brings hope for FMCG companies View Full Image Buzzing market Between January and November this year, the top eight cities witnessed 78 land deals, encompassing 1,858 …

Developers buy 1,757 acres in a year despite COVID-19 pandemic
3 years, 1 month ago

Developers buy 1,757 acres in a year despite COVID-19 pandemic

The Hindu  

The COVID-19 pandemic might have severely dented economic growth but not the appropriate of developers to buy land. Real estate developers and entities sealed around 45 separate land deals cumulatively accounting for over 1,757 acres of area across the top seven cities between Q3 2020 and November 2021. From an estimated 28 residential land deals closed across the cities in …

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