Converting agricultural land to residential or commercial in India requires navigating state-specific laws and obtaining approvals from revenue or planning authorities. The process involves fees and extensive documentation, with timelines varying by state.
The real estate market shows a steady increase in cash flows, which offers builders hope to pay off their debts. The sector is revised from 'negative' to 'stable.'
Jaypee Infratech launches Jaypee Greens Yamuna Vihar in Greater Noida, offering residential plots with discounts.
GMADA's land pooling scheme offers farmers 50% of developed land as residential, commercial, or institutional plots for projects like the airport road and Mullanpur Urban Estate.
As land prices soar and liquidity tightens, builders are getting more cautious. They are now focusing on risk mitigation strategies, joint ventures, and leveraging land banks to navigate market challenges.
Greater Noida Industrial Development Authority has significantly increased land rates across all categories, with residential rates seeing a hike of over 70 percent.