Rs 24.4 Trillion Worth Of Plots Launched Since 2022
Real Estate

Rs 24.4 Trillion Worth Of Plots Launched Since 2022

Housing plots worth Rs 24.4 trillion have been launched across India’s top tier-I and tier-II cities between January 2022 and May 2025, driven by post-Covid demand for customisable living spaces, according to data from real estate analytics firm PropEquity.

During this period, developers rolled out approximately 470,000 residential plots across ten cities—Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur, and Surat.

Samir Jasuja, Founder and CEO of PropEquity, stated that the increasing popularity of residential plots stems from their liquidity and stronger appreciation potential compared to apartments. “Many buyers prefer plots to design their homes as per their preferences,” he noted.

Despite robust demand, plot supply dropped 23 per cent year-on-year in 2024, down to 126,556 from 163,529 in 2023. In the first five months of 2025, 45,591 plots have been launched.

For developers, plotted developments offer faster cash flows with lower upfront costs versus apartment projects, making them an attractive investment option.

The weighted average launch price of plots rose 27 per cent in 2024 to Rs 3,679 per sq ft—equivalent to Rs 33,111 per square yard or Rs 39,586 per square metre.

Industry voices echoed the trend. Kirthi Chilukuri of Stonecraft Group said the surge highlights growing demand for ownership and personalisation, while Yashank Wason of Royal Green Realty noted Indore’s emergence as a key plotted development market.

Sam Chopra of eXp Realty India added that the launch of nearly half a million plots in three and a half years underscores a major shift in buyer preference from ready-built units to land ownership.


Housing plots worth Rs 24.4 trillion have been launched across India’s top tier-I and tier-II cities between January 2022 and May 2025, driven by post-Covid demand for customisable living spaces, according to data from real estate analytics firm PropEquity.During this period, developers rolled out approximately 470,000 residential plots across ten cities—Hyderabad, Indore, Bengaluru, Chennai, Nagpur, Jaipur, Coimbatore, Mysore, Raipur, and Surat.Samir Jasuja, Founder and CEO of PropEquity, stated that the increasing popularity of residential plots stems from their liquidity and stronger appreciation potential compared to apartments. “Many buyers prefer plots to design their homes as per their preferences,” he noted.Despite robust demand, plot supply dropped 23 per cent year-on-year in 2024, down to 126,556 from 163,529 in 2023. In the first five months of 2025, 45,591 plots have been launched.For developers, plotted developments offer faster cash flows with lower upfront costs versus apartment projects, making them an attractive investment option.The weighted average launch price of plots rose 27 per cent in 2024 to Rs 3,679 per sq ft—equivalent to Rs 33,111 per square yard or Rs 39,586 per square metre.Industry voices echoed the trend. Kirthi Chilukuri of Stonecraft Group said the surge highlights growing demand for ownership and personalisation, while Yashank Wason of Royal Green Realty noted Indore’s emergence as a key plotted development market.Sam Chopra of eXp Realty India added that the launch of nearly half a million plots in three and a half years underscores a major shift in buyer preference from ready-built units to land ownership.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement