Land deals in top 8 cities up 3.5 times

India's top eight cities closed 68 separate land deals accounting for 1,656 acres during Jan-September, up from 20 deals for 925 acres last year, according to a new report. 

Land deals up 3.5 times in top 8 cities: Report

Mumbai: The top eight cities closed at least 68 separate land deals, accounting for 1,656 acres in the first nine months of 2022. In the corresponding period last year, just 20 land deals for 925 acres were closed across these cities, according to a new ANAROCK research report.

The Mumbai Metropolitan Region (MMR) saw the highest number of transactions, cumulatively accounting for just 199 acres, earmarked for residential and logistics developments.

"In terms of the total number of land deals, MMR clocked the highest number.