Real estate companies have made significant land acquisitions over the past few years, buying nearly 6,000 acres of land for Rs 90,000 crore to develop residential and commercial projects. This move is expected to boost the urban real estate market.
Real EstateLand AcquisitionProperty DevelopmentUrban DevelopmentResidential ProjectsReal Estate NewsMar 15, 2025
Real estate firms have acquired nearly 6,000 acres of land over the past two years.
The total investment in these land acquisitions is estimated to be around Rs 90,000 crore.
The acquisitions are spread across various cities and regions, with a strong focus on metropolitan areas where the demand for housing and office spaces is high.
Initiatives like the Pradhan Mantri Awas Yojana (PMAY) and the Real Estate (Regulation and Development) Act (RERA) are supporting the real estate sector by providing a regulatory framework and increasing transparency.
Sustainability and green building practices are becoming increasingly important, as many companies are integrating eco-friendly features into their projects to appeal to environmentally conscious consumers.
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MHADA's latest initiative aims to make homeownership more accessible in Mumbai, where real estate prices are notoriously high. With price reductions ranging from 10% to 25%, this move is a beacon of hope for aspiring homeowners.
Signature Global, a prominent real estate developer, has secured contracts worth Rs 567 crore for the construction of a new housing project in Gurugram. The company has been actively acquiring land to meet the growing demand in the market.
Maharashtra has increased the number of Conciliation and Dispute Resolution Forums (CDRF) under MahaRERA from 15 to 52 to expedite dispute resolution, resolving 1,749 cases since 2018.
Prestige Group, one of the leading real estate developers in India, has announced the launch of several high-profile residential projects in Mumbai with an aggregate Gross Development Value (GDV) of Rs 16133.8 crore. These launches are part of the company's strategic expansion plan to cater to the growing demand for premium housing in the city.
Private equity investments in Indian real estate have soared to $4.2 billion in 2024, marking a 32% increase from the previous year. The warehousing sector has been the key driver of this growth.