Mumbai Metropolitan Region Sees Surge in Land Deals in H1 2025
The Mumbai Metropolitan Region (MMR) recorded 24 land deals spanning 433 acres in the first half of 2025, marking a significant increase from the 30 deals in all of 2024, according to real estate consultancy Anarock.
Mumbai Real EstateLand DealsMmrNavi MumbaiAndheriReal Estate MumbaiJul 16, 2025
Among the highest-value deals was a transaction involving veteran Bollywood actor Jeetendra Kapoor and his family, who sold a two-acre land parcel in Andheri for ₹855 crore to NTT Global Data Centres. The property was sold for data centre development through two family-owned entities, Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited.
Nationwide, a total of 76 land deals spanning 2,900 acres were closed across India in the first half of 2025, up from 2,515 acres across 133 deals in all of 2024. The total value of land transacted in H1 2025 stood at ₹30,885 crore, with a revenue potential of ₹1.47 lakh crore and a development potential of 233 million sq. ft.
According to experts, the outskirts of Mumbai city, where land is more abundant compared to the city itself, have driven the high number of land deals in MMR. Mayank Saksena, MD & CEO – Land Services, Anarock Group, explained, “If we analyze the deals that have happened in MMR in H1 2025, we see that there are few land parcels that were actually factory land or parcels that the owners have been holding since decades and are now being sold for residential developments or other purposes.”
More so, there are also few land parcels in the far-away peripheries (of Mumbai) where there is still plenty of land available. These are being mostly proposed for plotted developments. Further, there were few deals in Thane and Navi Mumbai as well where there is no paucity of land like in Mumbai. In Navi Mumbai, the land was auctioned by CIDCO and bought by developers.
Among the 24 deals in MMR, three prominent land deals include that of a consortium of Schloss Bangalore Ltd, Arliga Ecospace Business Parks, and Schloss Chanakya Pvt Ltd, which purchased 8.31 acres of commercial land in Mumbai's BKC for over ₹1,300 crore. The second includes a land deal between veteran Bollywood actor Jeetendra Kapoor and his family, who sold a land parcel in Mumbai's Andheri for ₹855 crore to NTT Global Data Centres. The property was sold for data centre purposes through two family-owned firms, Pantheon Buildcon Private Limited and Tusshar Infra Developers Private Limited.
The third land deal in Mumbai includes Panasonic Life Solutions India Private Limited, which in January 2025 purchased a commercial land parcel measuring 6,586 sq meters and worth ₹160 crore in the Andheri area of Mumbai.
Apart from MMR, Pune recorded the second-highest size of land deals closed in the first half of 2025. This includes 214 acres purchased by 13 land transactions. Two major land deals were reported in Pune. In February 2025, Mumbai-based Hiranandani Developers announced a joint venture with Pune’s Krisala Developers to develop a 105-acre integrated township valued at ₹7,000 crore. The project will include luxury villas, branded residences, and more. Lodha Developers acquired a five-acre land parcel in Pune for residential development, the report said.
In 2024, MMR reported 30 land deals for 607 acres worth ₹6,856 crore. Between 2021 and 2024, MMR reported 85 land deals for over 1,745 acres worth ₹25,998 crore. On the other hand, in Pune, eight land deals of 63 acres were reported in 2024, with a value of ₹1,456 crore. Cumulatively, from 2021 to 2024, Pune reported 27 land deals spread across 315 acres, with a value of ₹4,045 crore.
Frequently Asked Questions
What is the Mumbai Metropolitan Region (MMR)?
The Mumbai Metropolitan Region (MMR) is a metropolitan area in the Indian state of Maharashtra, consisting of the city of Mumbai and its surrounding suburban areas. It is one of the most populous and economically significant regions in India.
How many land deals were recorded in MMR in H1 2025?
According to real estate consultancy Anarock, 24 land deals were recorded in the Mumbai Metropolitan Region (MMR) in the first half of 2025, spanning over 433 acres.
What was the highest-value land deal in MMR in H1 2025?
The highest-value land deal in MMR in H1 2025 involved veteran Bollywood actor Jeetendra Kapoor and his family, who sold a two-acre land parcel in Andheri for ₹855 crore to NTT Global Data Centres.
What are the reasons behind the surge in land deals in MMR?
The surge in land deals in MMR is attributed to the availability of land in the outskirts of Mumbai, where land is more abundant compared to the city itself. This has made the region attractive for residential developments and other purposes.
What is the total value of land transacted in H1 2025 across India?
The total value of land transacted in H1 2025 across India stood at ₹30,885 crore, with a revenue potential of ₹1.47 lakh crore and a development potential of 233 million sq. ft.
Related News Articles
Hardik Pandya's Net Worth: A Closer Look at His Wealth and Assets
From his lucrative IPL contracts to his impressive real estate portfolio
Boosting Realty Affordability: Experts Call for Policy Shifts and Infra Improvements
Industry experts emphasize the need for policy changes and infrastructure development to address affordability issues in the real estate market.
Pune's Real Estate Empire: Minor's Father in Custody Over Cheating Case
A Pune court has allowed the police to take custody of the father of the minor accused in the Porsche crash case, in a cheating case registered against him at Kondhwa police station.
Revolutionizing Traffic Management: Pune Police, PMC, and Google Collaborate to Improve Road Infrastructure
Pune takes a significant step towards reducing traffic congestion and travel time with the collaboration of Pune Police, PMC, and Google on 32 main roads.
New Developments in Rs 100 Crore Real Estate Investment Fraud
Prospect Realty, a firm registered before the sub-registrar of Salcete, Margao, is at the center of a massive Rs 100 crore investment fraud. The firm, engaged in the real estate business, has been accused of misleading investors with false promises. Myron
Maharashtra Government to Mandate Precast Construction for Mumbai Real Estate
The Maharashtra government is working on a policy to make precast construction mandatory for real estate projects in Mumbai, aiming to streamline construction processes and enhance building quality.