NMRDA begins acquiring 1,710 acres near Nagpur for India's next financial hub modeled on Mumbai's BKC and GIFT City, targeting 500,000 jobs with ₹1.5-2 crore per acre land prices.
Ashiana Housing acquired 23 acres in Chennai's Mahindra World City to develop a senior living project with Rs 1,200 crore revenue potential, featuring premium villas and apartments.
Chennai-based G Square Group acquired 714-acre Kovai Hills project for Rs 1000 crore, rebranding it as G Square Seven Hills township in Coimbatore with premium plots and mixed-use development.
GMADA scraps mixed-use plan for Sector 87, opting for pure commercial development modeled on Chandigarh's iconic Sector 17, acquiring 236 acres across three villages.
Indore's real estate sector faces uncertainty as the delayed master plan stalls infrastructure approvals and residential projects, disrupting investment strategies.
Maharashtra's ambitious Rs 6,500 crore New Nagpur project along Samruddhi Expressway triggers dramatic land price surge, with values reaching Rs 2 crore per acre in key villages.
GMADA launches Eco City-2 extension in New Chandigarh after 12-year delay, featuring 153 residential plots across 96 acres in Hoshiarpur village.
Ghaziabad Development Authority accelerates long-delayed Indirapuram Extension project amid soaring property prices, holding 96 acres of 230-acre township near Delhi-Meerut Expressway.
ONE Group Developers commits ₹1200 crore investment in Mohali over two years, developing 800+ residential units, commercial mall, and luxury housing projects across prime sectors.
Godrej Properties enters Vadodara’s real estate market with 34-acre acquisition for premium plotted residential units, marking its second Gujarat project in 12 months.
Coimbatore dominated tier-2 Indian real estate in H1 2025, marking a record 714-acre acquisition amid ₹31,000 crore land deals, signaling strong investor confidence.
Punjab's plan to acquire 25,000 acres near Ludhiana for urban development sparks protests from farmers and political groups over agricultural loss risks and transparency concerns in environmental assessments.
Bhopal Metro's Phase II Blue Line begins construction in early 2025, featuring 14 elevated stations over 15 km to connect Bhadbhada Square and Ratnagiri, prioritizing minimal land acquisition while enhancing city connectivity.
Godrej Properties has acquired a 90-acre land parcel in Khalapur, Raigad, near Mumbai, to develop premium residential projects targeting the growing demand for high-end properties in strategic locations.
Bhubaneswar's growing IT sector, driven by new tech parks and infrastructure developments, is causing a surge in commercial real estate demand. Multinational companies' entry and government land allocation initiatives are revitalizing property markets, with strategic projects reshaping the city's economic landscape.
Maharashtra's MIDC acquires 611 hectares across three sites to boost industrial growth, attract large manufacturers, and strengthen MSME networks in Nashik district.
Trivandrum's airport expansion plans, despite delays, poised to elevate connectivity and real estate growth near IT hubs, boosting property values and investor opportunities through infrastructure upgrades.
Indian real estate developers aim for 3,000 acres in land deals in FY24, a 59% increase from last year, driven by increased land availability and high demand.
Mahindra Lifespace Developers Ltd. acquired 9.4 acres in Bengaluru for a Rs. 1,700 crore residential project, focusing on mid-premium housing and spanning 1.2 million sq ft.
Real estate developers are aggressively acquiring land in India, particularly in major cities, driven by high housing demand. This trend is expected to continue in 2024, with Tier-1 and developing areas remaining hotspots.
Mumbai developers like Oberoi Realty, Godrej Properties, and Hiranandani Group are acquiring land in Ayodhya, driving property price increases by 179% post-temple opening.
Real estate developers have invested nearly Rs 5,000 crore to acquire 1,461 acres of land in Tier 2 and 3 cities since January 2022, according to JLL India.
Maharashtra faces significant cost overruns due to delayed infrastructure projects, prompting the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation, and Resettlement (Amendment) Bill, 2022 to be introduced for faster project completion.
India's 2013 Land Acquisition Act aimed to ensure fair compensation and transparency but faces challenges like high costs and complexity.
The High Court reviewed a rejected petition regarding land acquisition for National Highway No. 29, determining compensation amounts and land ownership structures.