Real estate developers across India are making significant strides in their expansion plans, acquiring large tracts of land valued at Rs 62,000 crore. This move signals a robust recovery in the Indian real estate market.
Real EstateLand AcquisitionInvestmentDevelopersMarket GrowthReal Estate MumbaiMar 12, 2025

Real estate developers in India have acquired land worth Rs 62,000 crore.
Tier I and Tier II cities such as Mumbai, Delhi, Bangalore, and Chennai are leading the expansion in the real estate market.
Government initiatives such as the Pradhan Mantri Awas Yojana (PMAY) and the Real Estate (Regulation and Development) Act (RERA) are supporting the real estate sector.
Technology is being used to streamline operations, enhance transparency, and improve the customer experience in the real estate sector.
The real estate sector faces challenges such as regulatory compliance, environmental concerns, and the need for sustainable development.

Despite the recent slowdown, Gujarat's real estate market remains a promising growth hub, driven by infrastructure development and government initiatives.

Nitco Ltd's sale of a 16,250 sqm land parcel in Kanjurmarg East to Runwal Group for INR 232 crore highlights the high demand for prime Mumbai real estate and the company's focus on optimizing its asset portfolio.

The acquisition of a high-value property by Yatin Shah, co-founder of 360 ONE, underscores the increasing demand for luxury real estate in Mumbai, particularly in South and Central areas.

The Haryana Real Estate Regulatory Authority (Hrera) in Gurugram has issued a stern warning to real estate promoters for failing to submit their mandatory annual reports. The authority has imposed a fine of Rs 0.5 million on the non-compliant developers.

A recent Credai-KPMG report highlights Pune's leading position in the Indian real estate market, particularly in the development of senior living homes. The report emphasizes the growing demand for well-being-focused housing for the elderly.

Families and survivors of the 2008 Mumbai attacks are calling for the extradition and strict punishment of Tahawwur Rana, a key suspect in the terror operation. Sanjana Shah, daughter of real estate magnate Pankaj Shah, who was killed during the attack on Hotel Oberoi, has been a vocal advocate for justice.