In-depth review: NCR saw 29 land deals of around 314 acres in FY-24 constructionweekonline.in
Delhi-NCR remains a focal point for real estate transactions across diverse sectors, with land deals maintaining their significance in driving real estate development, as observed in the previous financial year. According to ANAROCK data, while FY-23 recorded 23 land deals encompassing approximately 273.9 acres, FY-24 witnessed a notable increase with 29 land deals covering around 314 acres. “About 26 separate land deals, totaling approx. 298 acres, were proposed for residential and township projects to meet the region’s growing demand for housing and urban development,” says Santhosh Kumar, vice chairman, ANAROCK Group. “At least two land deals, spanning over 7 acres each, were planned specifically for commercial real estate projects. A separate deal involving approximately 8.61 acres was dedicated to an education-related project.”
