MMR Records Highest Land Transactions in 2024: Over 607 Acres Acquired in 30 Deals

In 2024, India’s real estate market witnessed 133 land transactions totaling 2,515 acres. MMR topped the list with 607 acres in 30 deals, while NCR recorded the highest number of transactions. Residential projects dominated the market, accounting for 1,948 acres across 95 deals.

Godrej Properties Wins Bid for Luxury Housing Plots in Gurugram

Godrej Properties Ltd. has secured two premium group housing plots in Gurugram through an e-auction by Haryana Shehri Vikas Pradhikaran (HSVP). The plots, one measuring 3.6 acres on Golf Course Road and the other 1.97 acres in Sector 39, have a combined bid value of INR 515 crore. They offer over 1 million square feet of development potential and an estimated revenue exceeding INR 3,400 crore. This acquisition expands GPL’s NCR portfolio, with four major projects now estimated to generate over USD 1 billion in revenue.

Flat Sizes Surge 32% Across Top 7 Cities Over Five Years; NCR Leads with 96% Growth

A recent analysis by ANAROCK reveals a substantial increase in average flat…

NCR – Affordable Housing Sales Share Dips to 24% in H1 2024, Luxury Up to 45%

 From epicenter of unscrupulous real estate activities to one of the country’s…

NCR & MMR Housing Prices Surge 49% in 5 Years, Unsold Inventory Plunges

 To say that India’s two leading realty hotspots NCR and MMR (Mumbai…