Rs 24.4 Trillion Worth Of Plots Launched Since 2022

16 Jul 2025 CW Team

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.

Infrastructure Urban

09 Feb 2026

Eicher Delivers First 13.5 m Electric Intercity Sleeper Bus

Eicher Trucks & Buses, a business unit of VE Commercial Vehicles Ltd., has recently delivered its first 13.5 m electric intercity sleeper bus, marking a key milestone in India’s long-distance electric mobility segment. The first bus is being operated by LeafyBus, with plans to deploy 35 buses by March 2026 across high-demand intercity corridors in North India.The initial deployment will cover routes such as Delhi–Dehradun and Delhi–Lucknow, supporting LeafyBus’ expansion across environmentally sensitive and high-density travel corridors.Commenting on the partnership, Suresh Chettia..

HCSS Showcases Unified Construction Platform at CONEXPO 2026

HCSS will recently present the next evolution of its connected construction management platform at CONEXPO-CON/AGG 2026, bringing together construction workflows, data and teams on a single platform across the entire project lifecycle. The event will be held from 3–7 March 2026 in Las Vegas, Nevada. HCSS will host two booths at the show, demonstrating how its integrated software ecosystem enables seamless collaboration between the office, field and shop, from bid stage through to project closeout. Steve McGough, President and CEO, HCSS, said, “For 40 years, we’ve done everything within..

Berger Paints Q3 Profit Declines Despite Volume Growth

Berger Paints India has reported a mixed performance for the quarter ended 31 December 2025, with healthy volume growth and margin improvement offset by softer demand conditions and cost pressures. On a consolidated basis, revenue from operations for the quarter stood at Rs 29,840 million, compared to Rs 29,751 million in the corresponding quarter last year, reflecting a marginal increase of 0.3 per cent. EBITDA (excluding other income) was Rs 4,710 million, slightly lower than Rs 4,717 million a year earlier. Net profit declined by 8.3 per cent to Rs 2,713 million from Rs 2,960 million. Sta..