100 land deals in first 9 months of 2024, Delhi NCR leads with 32% share

Quick Summary:

Following residential investments, the Industrial & Logistics (I&L) segment contributed 13%, covering 525 acres, showing a 5% growth from Jan-Sep 2023.

Other notable cities contributing to land deals include Bengaluru at 22%, Mumbai at 12%, and Chennai at 10%.

As we witness strong growth in both established segments including Residential, office and emerging categories such as Data Centers, indicates that investors are increasingly confident in the long-term potential of India’s real estate sector.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Land prices Land deals Land rates CBRE Land deals in Gurugram Land deals in Delhi NCR

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 13:02:30 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 450 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23195890

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