The article discusses the booming real estate market in India, particularly focusing on the land deals being generated by the high demand in the residential segment. Here are three highlights of the article:
1. Anarock data shows that there were approximately 101 land deals in the fiscal year 2023-24, covering nearly 2,989 acres across the country. This marks a significant increase from the 88 land deals for approximately 1,886 acres in the previous financial year.
2. The top 7 cities in India witnessed over 83 land deals accounting for about 1,135 acres, while tier 2 and 3 cities like Ahmedabad, Ayodhya, and Jaipur also saw a surge in land deals, indicating growth opportunities in these areas.
Editorial content by Jordan Fields
