Realty market saw land deals worth ₹31,000 cr in H1 2025: Anarock

Highest-ever land deal figure comes on the back of increased interest in diversified asset classes

At least 2,900 acres of land deals, with a market value of ₹31,000 crore, were transacted in the Indian realty market during the first six months of 2025 (H1 2025), according to a report by real estate analytics firm Anarock.

 

These deals include both outright transactions as well as joint development agreements between realtors and landowners.

 

The total volume of land transacted in 2025 is already 1.15 times the volume seen in all of 2024, which saw about 133 deals for 2,515 acres. These transactions have a total revenue potential of approximately ₹1.47 trillion, with a total development potential of 233 million square feet (msf).

 

The report stated that this performance comes amid a decline in pure-play residential developments, along with increased interest in plotted developments, senior living projects, and specialised asset classes such as mixed-use developments and warehousing.

 

For H1, mixed-use developments, which combine multiple functions, such as residential, commercial, and retail in a single compound, saw the largest land transactions at 1,033.97 acres. This was followed by industrial and logistics parks at 537 acres, and villas and plotted developments at 504 acres. 

 

Commenting on the trend, Mayank Saksena, managing director and chief executive officer (CEO) for Land Services at Anarock Group, said that the market’s evolution from traditional residential-focused acquisitions toward diversified asset classes indicates the sector’s adaptability to changing consumer preferences and technological advancements.

 

“The top developers who bought land parcels for various developments in H1 2025 included Godrej Properties, Signature Global, M3M Group, Brigade Group, Macrotech Developers (Lodha), Prestige Group, Kolte Patil Developers, Mahindra Lifespaces, and Adani Realty, among others,” Anarock added.

 

City-wise, over 67 deals for approximately 991 acres of land took place in Delhi NCR, Mumbai Metropolitan Region (MMR), Bengaluru, Chennai, and Pune alone.

 

The remaining nine deals, totalling over 1,907 acres, were in tier-2 and tier-3 cities like Ahmedabad, Amritsar, Coimbatore, Indore, Mysuru, and Panipat.

 

“These markets, once considered peripheral to mainstream real estate activity, are now challenging the historical metro-centric model and inducing a healthier geographic distribution of economic opportunity,” Saksena added.   

Land deals across India 2021-2025
Year	Value of transacted land (INR Cr)	Size of transacted land (Acres)	Number of land deals
2021	5,000	1,400	33
2022	23,000	2,400	83
2023	29,000	2,500	98
2024	29,500	2,450	133
2025 (till June)	30,885	2,898	76

 

Land Deals in Tier 1 Cities in H1 2025
Cities	Land Area (Acres)	No. of Deals
Bengaluru	182	15
Chennai	63	4
NCR	98.97	11
MMR	433	24
Pune	214	13
Total	990.97	67

 

Land Deals in H1 2025 - Major segments & Cities
Proposed Development	Area (acres)	No. of Deals	City
Villa & Plotted Development	504	7	Indore, Ahmedabad, Bengaluru, MMR, Panipat
Residential	331.08	45	Bengaluru, MMR, Chennai, Pune, NCR & Mysore
Township Project	365	2	Amritsar & Pune
Industrial & Logistics Park	537.34	3	Chennai, MMR & Ahmedabad
Mixed-use	1033.97	6	NCR, Pune, Amritsar & Coimbatore

 

Top 5 Land Deals in H1 2025 across cities
Buyer	City and Proposed Development	Approx. Size (in Acres)	Approx. Deal Value (Rs crore)
Consortium of Schloss Bangalore Ltd, Arliga Ecospace Business Parks, and Schloss Chankya Pvt Ltd	Mumbai (Commercial)	8.31	1302
Lam Research	Bengaluru (Semiconductor Equipment Manufacturing)	25	1125
Omaxe Ltd	Amritsar (Township)	260	1000
NTT Global Data Centers	Mumbai (Data Centre)	2.39	855
Max Estate	Noida (Mixed Use)	10.33	711

  Source: Anarock Research