Nagpur's residential market has surged post-COVID, with apartment sales doubling to 2,211 units, driven by infrastructure upgrades, returning professionals, and demand for 2-3 BHK homes. Flexibility in plotted developments and land availability are supporting price stability.
Nitco and Total Environment have entered a ₹350 crore joint development agreement for plotted residential projects in Alibaug's key villages. The deal, secured with a ₹58.42 crore advance, aims to drive real estate growth in Maharashtra's Raigad district.
Ongoing infrastructure development and proximity to commercial hubs have transformed OMR and ECR into Chennai’s fastest-growing residential corridors, attracting demand for affordable luxury villas, plotted developments, and integrated townships while maintaining price stability and steady sales growth.
Madurai is emerging as a key real estate hub in South India, driven by infrastructure upgrades, strategic land acquisitions, and growing interest in plotted developments. Despite national downturns, SKT Realtor reports sustained investor demand in both residential and commercial sectors, supported by affordability and economic growth.
Kanchipuram's Sameera Kanchi Big Town is nearing completion. This 21.35-acre RERA-registered plotted development offers 454 residential plots from 600–4275 sq.ft., ideal for construction. Targeting possession by February 2025, it promises strategic investment potential in Chennai's expanding market.
Nagpur's real estate market witnesses rising interest in mid and luxury homes as economic opportunities and strategic infrastructure drive buyer confidence.
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.