Developers acquired ₹ 26,000 crore worth of land in last 17 months, says report
As per the report, Delhi NCR, Chennai, Mumbai Metropolitan Region and Bengaluru lead in total land area transacted, accounting for 72 per cent share (around 1,576 acres) and having a development potential of around 150 million sq. ft. in 79 separate land deals.
Pune, Kolkata and Hyderabad account for 9 per cent share, while cities like Surat, Ahmedabad, Jaipur, Lucknow, Nagpur, Panchkula, and Kurukshetra contributed the rest. In Delhi NCR, submarkets of Panipat and Gurgaon lead with a combined share of 73 per cent in Delhi NCR land transactions in the last 17-month period.
Regarding the number of transactions Delhi NCR and Mumbai Metropolitan Region lead with 53 transactions recorded in the last 17-month period.