Land Deals Plummet 57% in Q1 FY25: Anarock Report

22 Jul 2024 CW Team

Land transactions in India's real estate sector saw a sharp decline of 57% in the first quarter of FY25, according to a report by Anarock. The total land acquired was 325 acres, compared to 754 acres in the same period last year.

Several factors contributed to this downturn, including economic uncertainty and cautious investment sentiment. Developers are hesitating to commit to large-scale acquisitions due to fluctuating market conditions and regulatory changes.

The report highlights that major cities like Mumbai, Delhi-NCR, and Bengaluru experienced significant drops in land deals. Developers are focusing on completing ongoing projects rather than expanding land banks. This shift in strategy aims to mitigate risks associated with unsold inventory and financial liabilities.

The slowdown is also attributed to rising interest rates, which have increased borrowing costs for developers, impacting their ability to finance new land purchases. Additionally, the real estate sector is facing challenges from policy reforms aimed at increasing transparency and accountability.

Despite the overall decline, certain regions, such as Tier 2 and Tier 3 cities, showed resilience with moderate activity levels. These areas are attracting interest due to affordable land prices and emerging growth potential.

Analysts suggest that once economic conditions stabilise and confidence returns, the sector may witness a gradual recovery. Developers are advised to adopt innovative strategies and explore alternative funding sources to navigate the current landscape.

The report concludes that while the immediate outlook remains cautious, long-term prospects for India's real estate market continue to be positive.

Infrastructure Transport

15 Oct 2025

AAI To Introduce Valet Parking At Chennai Airport

In a first for Indian airports, the Airports Authority of India (AAI) is planning to introduce valet parking services at Chennai International Airport, aimed at improving passenger convenience and easing traffic flow around the terminal. Since the inauguration of the multi-level car parking facility, passengers have expressed dissatisfaction with the long walk or buggy ride required to reach the second floor to board cabs. Many have found the queues and delays cumbersome, prompting AAI to explore more accessible options. Responding to this feedback, AAI has finalised plans for a second cab b..

CCI Clears Vedanta’s Acquisition Of Jaiprakash Associates

The Competition Commission of India (CCI) has approved the acquisition of Jaiprakash Associates Limited (JAL) by Vedanta Limited under a corporate insolvency resolution process (CIRP) governed by the Insolvency and Bankruptcy Code, 2016 (IBC). The proposed transaction involves Vedanta Limited, the acquirer, taking control of Jaiprakash Associates, which is currently undergoing insolvency proceedings. The CCI’s approval clears a key regulatory hurdle in the resolution process. Vedanta Limited, incorporated in India and listed on both the BSE and National Stock Exchange (NSE), is a subsidiar..

CCI Approves Capgemini’s Acquisition Of Cloud4C Services

The Competition Commission of India (CCI) has approved the acquisition of Cloud4C Services Pte. Ltd and Cloud4C Services Private Limited by Capgemini SE, marking another major consolidation in India’s information technology services sector. The proposed transaction involves Capgemini SE acquiring 100 per cent of the shares of Cloud4C Services Pte. Ltd (based in Singapore) and Cloud4C Services Private Limited (based in India). Together, the two entities are referred to as the Targets. Capgemini SE, listed on Euronext Paris, is the ultimate parent company of the Capgemini Group, a global lea..