+
Developers prioritise acquiring land in Mumbai and Delhi-NCR
Real Estate

Developers prioritise acquiring land in Mumbai and Delhi-NCR

According to an analysis by the real estate consulting firm CBRE, developers and foreign funds concentrated on Delhi-NCR and Mumbai to invest in land acquisition between 2018 and 2022, using more than 60% of the funds in these two cities.

In 67 agreements, Delhi-NCR attracted $3.8 billion to buy 1760 acres of land, while Mumbai saw 73 deals to buy 960 acres for the same amount.

Other notable cities that received 9% and 7% of the overall investments made in land acquisitions were Bangalore and Hyderabad.

Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, stated that 2022 was a watershed year for land activity and that it is representative of the long-term wagers that investors are ready to make on the RE industry in India.

During the years 2018 to 22, more than 6,800 acres of land were purchased. In the last two years, there has been a noticeable increase in activity, with approximately 60% of the property being purchased starting in January 2021.

CBRE claims that the residential market has grown the fastest, accounting for more than 37% of the land bought since 2018.

Developers have stepped up their game further by purchasing over 900 acres for residential projects, accounting for 43% of all land purchases recorded in 2022. I&L was another well-known industry that had increased activity, especially in the pandemic years (2020 and 2021). About one-fourth of the land acquisitions made between 2018 and 22 were in this sector.The research states that $ 43.3 billion was invested overall in the RE industry between 2018 and 2022. Over this time, $ 31.8 billion was invested in equity, while $ 11.5 billion was invested in debt. Over $ 18 billion in equity was deployed by foreign investors mostly based in North America and Singapore, accounting for 58% of all equity investments in real estate in 2016.

Also read:
Centre to discuss ways to redress consumer grievances in real estate
Mayiladuthurai proposes 'Special-grade municipality' upgradation


According to an analysis by the real estate consulting firm CBRE, developers and foreign funds concentrated on Delhi-NCR and Mumbai to invest in land acquisition between 2018 and 2022, using more than 60% of the funds in these two cities. In 67 agreements, Delhi-NCR attracted $3.8 billion to buy 1760 acres of land, while Mumbai saw 73 deals to buy 960 acres for the same amount. Other notable cities that received 9% and 7% of the overall investments made in land acquisitions were Bangalore and Hyderabad. Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, stated that 2022 was a watershed year for land activity and that it is representative of the long-term wagers that investors are ready to make on the RE industry in India. During the years 2018 to 22, more than 6,800 acres of land were purchased. In the last two years, there has been a noticeable increase in activity, with approximately 60% of the property being purchased starting in January 2021. CBRE claims that the residential market has grown the fastest, accounting for more than 37% of the land bought since 2018. Developers have stepped up their game further by purchasing over 900 acres for residential projects, accounting for 43% of all land purchases recorded in 2022. I&L was another well-known industry that had increased activity, especially in the pandemic years (2020 and 2021). About one-fourth of the land acquisitions made between 2018 and 22 were in this sector.The research states that $ 43.3 billion was invested overall in the RE industry between 2018 and 2022. Over this time, $ 31.8 billion was invested in equity, while $ 11.5 billion was invested in debt. Over $ 18 billion in equity was deployed by foreign investors mostly based in North America and Singapore, accounting for 58% of all equity investments in real estate in 2016. Also read: Centre to discuss ways to redress consumer grievances in real estateMayiladuthurai proposes 'Special-grade municipality' upgradation

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Inside a Pumped Storage Project: How It Actually Balances the Grid

What happens when the sun sets just as electricity demand starts to rise? Solar generation falls, but homes, factories and businesses still need power. Pumped storage power plants help bridge this gap by storing surplus electricity as gravitational potential energy in elevated water and releasing it when demand increases. As India adds more solar and wind capacity, this ability to shift electricity across hours is becoming increasingly important for grid flexibility.What is a Pumped Storage Power Plant?A pumped storage power plant (PSP) is a long-duration energy storage facility with two reser..

Next Story
Technology

LTTS launches FARM to accelerate deep-tech startups

L&T Technology Services (LTTS) has launched LTTS FARM, a startup engagement platform aimed at accelerating the commercialisation of deep-tech innovations through Engineering Intelligence-led collaboration, co-innovation and market access.Built on the theme of “Collaboration First, Commercialisation Next”, the platform targets startups with Technology Readiness Level (TRL) 4+ solutions that have demonstrated technical feasibility and are ready for industry adoption. LTTS FARM will support startups aligned with LTTS’ key technology focus areas, including Software Defined Mobility, Plan..

Next Story
Infrastructure Energy

REC Wins Top Honour for Hindi Policy Implementation

EC Limited has received the First Prize for outstanding implementation of the Official Language Policy for 2025-26 at the meeting of the Hindi Salahkar Samiti of the Ministry of Power, Government of India.The award was presented to REC by Shri Manohar Lal, Union Minister of Power and Housing and Urban Affairs. Shri Shripad Yesso Naik, Minister of State for Power and New and Renewable Energy; Shri Dinesh Sharma, Rajya Sabha MP; Shri Suresh Kumar Kashyap, Lok Sabha MP; and Shri Pankaj Agrawal, Secretary, Ministry of Power, were also present. Shri Jitendra Shrivastava, IAS, CMD, REC, received the..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code