Hyderabad tops the list of land deals in 2022
Real Estate

Hyderabad tops the list of land deals in 2022

In the first nine months of 2022, India's top eight cities closed at least 68 land deals totalling 1,656 acre, up from 20 offers in the same period the previous year, as builders rushed to accumulate land in response to rising demand for housing.

The proposed developments include residential, retail, mixed-use, commercial, and warehousing space.

Almost 40 per cent of the total land offers in 2022 (January-September) have been proposed for residential growth, 147 per cent for industrial and logistic parks and warehouses, 119 per cent for information centres, 115 per cent for mixed-use growth, and 26 per cent for business growth, among other things.

Hyderabad topped the land deal share with 46 per cent, the NCR got here in a distant second with 14 per cent and Bengaluru was subsequent with a 13 per cent share. The MMR had the best variety of transactions, however for small land parcels.

Also Read
Kolte Patil to get Rs 2.06 bn cash infusion from Marubeni Corp
Mindspace REIT net operating income increases 16% in Q2

In the first nine months of 2022, India's top eight cities closed at least 68 land deals totalling 1,656 acre, up from 20 offers in the same period the previous year, as builders rushed to accumulate land in response to rising demand for housing. The proposed developments include residential, retail, mixed-use, commercial, and warehousing space. Almost 40 per cent of the total land offers in 2022 (January-September) have been proposed for residential growth, 147 per cent for industrial and logistic parks and warehouses, 119 per cent for information centres, 115 per cent for mixed-use growth, and 26 per cent for business growth, among other things. Hyderabad topped the land deal share with 46 per cent, the NCR got here in a distant second with 14 per cent and Bengaluru was subsequent with a 13 per cent share. The MMR had the best variety of transactions, however for small land parcels. Also Read Kolte Patil to get Rs 2.06 bn cash infusion from Marubeni Corp Mindspace REIT net operating income increases 16% in Q2

Next Story
Technology

AirBrick Infra Sets Rs 1 billion Target, Expands to Dubai and Tier-II Cities

AirBrick Infra, one of India’s fastest-growing AI-led commercial interior design and build firms, has announced a sales order target of Rs 1 billion for FY 2025–26. The projection represents a 50 per cent growth over the previous fiscal year and reflects rising demand, increased repeat business, and the company's robust tech-first delivery model.  Now in its third year of operations, AirBrick continues its rapid scale-up, having successfully delivered over 70 projects spanning 3 lakh sq ft in FY 2023–24. FY 2024–25 witnessed the onboarding of several Fortune 500 clients, sett..

Next Story
Resources

Virtusa Foundation Powers Green Education Drive in Bengaluru

The Virtusa Foundation, CSR arm of digital engineering and technology leader Virtusa Corporation, has announced key infrastructure and mobility initiatives at the Ramakrishna Mission, Shivanahalli, Bengaluru. The launch marks the inauguration of a 16-room residential facility for lady teachers and the deployment of two solar-powered electric buses, underscoring Virtusa’s commitment to its core pillars of Education, Environment and Empowerment (3Es).  Located on the forest fringe near Bannerghatta National Park, the initiative supports tribal and underserved communities, complementi..

Next Story
Infrastructure Urban

Godrej Enterprises Drives India’s Smart Green Logistics Shift

As India accelerates its transformation into a global manufacturing and logistics hub, Godrej Enterprises Group (GEG) is taking the lead with its smart, sustainable intralogistics solutions. Through its Material Handling Equipment (MHE) and Storage Solutions businesses, GEG is redefining operational efficiency in modern warehouses and factories using IoT, automation, and AI. GEG has consistently maintained a 20–25 per cent market share in the intralogistics sector over the past three years. Today, over 37 per cent of GEG’s revenues come from its Good & Green portfolio, and its net..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?