<h2>Mumbai Leads India’s Land Deal Boom in 2024</h2>

<p>India's real estate sector witnessed a transformative year in 2024, with <strong>133 land deals</strong> covering over <strong>2,515 acres</strong> finalized across the country. Leading this surge was the <strong>Mumbai Metropolitan Region (MMR)</strong>, which reported 30 land deals totaling <strong>607 acres</strong>, according to a report by <a href= "https://www.anarock.com/">ANAROCK</a>, a prominent real estate consultancy.</p>

<h2>Mumbai at the Forefront</h2>

<p>MMR’s dominance was underscored by some significant transactions. Among the most notable were:</p>
<ul style= "list-style-type: disc; margin-left: 20px;">
  <li style = "margin-top: 15px; margin-bottom: 15px;"><a href= "https://www.adanirealty.com/">Adani Realty</a>, acquiring <strong>24 acres</strong> with a revenue potential exceeding <strong>₹8,000 crore</strong>.</li>
  <li style = "margin-top: 15px; margin-bottom: 15px"><a href = "https://www.centuryrealestate.in/">Century Real Estate (Aditya Birla Real Estate)</a>, purchasing <strong>10 acres</strong> with an estimated potential of over <strong>₹11,000 crore</strong>.</li>
  <li style = "margin-top: 15px; margin-bottom: 15px"><a href = "https://www.mahindralifespaces.com/">Mahindra Lifespace</a>, securing <strong>37 acres</strong> for a joint development project.</li>
</ul>

<h2>Comparative Analysis Across Regions</h2>

<p>While Mumbai led in total acreage, other major cities also demonstrated robust activity:</p>
<ul  style= "list-style-type: disc; margin-left: 20px;">
  <li style = "margin-top: 15px; margin-bottom: 15px"><strong>Delhi NCR</strong>: 38 deals covering <strong>417 acres</strong>.</li>
  <li style = "margin-top: 15px; margin-bottom: 15px"><strong>Bengaluru</strong>: 26 deals for <strong>307 acres</strong>.</li>
</ul>

<p>In tier-2 and tier-3 cities, <strong>Surat</strong> and <strong>Nagpur</strong> stood out:</p>
<ul  style= "list-style-type: disc; margin-left: 20px;">
  <li style = "margin-top: 15px; margin-bottom: 15px">Surat recorded a single land deal of <strong>300 acres</strong>.</li>
  <li style = "margin-top: 15px; margin-bottom: 15px">Nagpur saw a <strong>100-acre transaction</strong>.</li>
</ul>

<p>Other active cities included <strong>Ahmedabad</strong>, which completed three land deals totaling 44 acres.</p>

<h2>Two-Year Perspective: 2023 and 2024</h2>

<p>The combined land transactions in 2023 and 2024 amounted to 230 deals, covering over 5,222 acres. The upward trend was driven by strong Pan-India residential sales momentum, with 77% of the acquired land in 2024 earmarked for residential projects. In 2023 alone, 97 land deals covering <strong>2,707+ acres</strong> were finalized.</p>

<h2>Driving Forces Behind the Boom</h2>

<p>According to <strong>Anuj Puri</strong>, Chairman of <strong>ANAROCK Group</strong>, the surge in land transactions can be attributed to:</p>
<ul  style= "list-style-type: disc; margin-left: 20px;">
  <li style = "margin-top: 15px; margin-bottom: 15px">Financially strong developers prepared to invest in large-scale projects.</li>
  <li style = "margin-top: 15px; margin-bottom: 15px">High demand from homebuyers, particularly in the residential segment.</li>
</ul>

<p>These factors have reinforced the <strong>Indian real estate market</strong>, setting the stage for sustained growth.</p>

mumbai leads india’s land deal boom in 2024 india's real estate sector witnessed a transformative year in 2024 with 133 land deals covering over 2515 acres finalized across the country leading this surge was the mumbai metropolitan region mmr which reported 30 land deals totaling 607 acres according to a report by anarock a prominent real estate consultancy mumbai at the forefront mmr’s dominance was underscored by some significant transactions among the most notable were adani realty acquiring 24 acres with a revenue potential exceeding ₹8000 crore century real estate aditya birla real estate purchasing 10 acres with an estimated potential of over ₹11000 crore mahindra lifespace securing 37 acres for a joint development project comparative analysis across regions while mumbai led in total acreage other major cities also demonstrated robust activity delhi ncr 38 deals covering 417 acres bengaluru 26 deals for 307 acres in tier-2 and tier-3 cities surat and nagpur stood out surat recorded a single land deal of 300 acres nagpur saw a 100-acre transaction other active cities included ahmedabad which completed three land deals totaling 44 acres two-year perspective 2023 and 2024 the combined land transactions in 2023 and 2024 amounted to 230 deals covering over 5222 acres the upward trend was driven by strong pan-india residential sales momentum with 77 of the acquired land in 2024 earmarked for residential projects in 2023 alone 97 land deals covering 2707 acres were finalized driving forces behind the boom according to anuj puri chairman of anarock group the surge in land transactions can be attributed to financially strong developers prepared to invest in large-scale projects high demand from homebuyers particularly in the residential segment these factors have reinforced the indian real estate market setting the stage for sustained growth

Explore how Mumbai led India’s real estate boom in 2024 with record-breaking land deals, supported by strong developer confidence and residential demand.

Mumbai Leads India’s Land Deal Boom in 2024

<h2>A Bold Leap in Infrastructure and Opportunity</h2>
<p>Karnataka is on the cusp of a transformative era, driven by visionary infrastructure projects that promise to reshape the state’s economic and urban landscape. The Karnataka government has set in motion the construction of new airports in Vijayapura and Hassan, alongside a second international airport for Bengaluru. These ambitious initiatives are not just about travel—they are catalysts for a sweeping real estate boom, economic upliftment, and a brighter future for communities across the state.</p>
<h2>Blueprints for Progress: The Airports in Focus</h2>
<ul>
<li>Vijayapura Airport</li>
<li>Land Area: 727 acres</li>
<li>Estimated Cost: <b>₹347.92 crore</b></li>
<li>Status: Construction underway, targeted completion by 2026</li>
</ul>
<ul>
<li>Hassan Airport</li>
<li>Location: Bhoovanahalli, 6 km from Hassan town</li>
<li>Estimated Cost: <b>₹193.65 crore</b></li>
<li>Status: Construction in progress, slated for 2026 completion</li>
</ul>
<h2>Bengaluru’s Second International Airport</h2>
<p>In addition to these regional hubs, Bengaluru is preparing to welcome its second international airport. This development will alleviate congestion at Kempegowda International Airport and bolster connectivity across South India, further cementing Bengaluru’s status as a global business and technology hub.</p>
<h2>The Real Estate Ripple Effect</h2>
<p>The announcement of these airports has sent shockwaves of optimism through Karnataka’s real estate sector. Land prices in the vicinity of Vijayapura and Hassan have surged, with property demand skyrocketing as investors recognize the regions’ newfound potential. Real estate developers are flocking to these high-growth zones, eager to capitalize on the promise of robust returns and long-term appreciation.</p>
<h2>A Boost for Local Communities and Businesses</h2>
<p>Beyond real estate, the airport projects are set to revolutionize local economies. Improved logistics and connectivity will benefit local businesses, agriculture, and trade, while enhanced infrastructure will attract tourism and generate employment. The Karnataka government anticipates a significant uplift in state revenue, with positive ripple effects across transportation, trade, and tourism.</p>
<h2>A Vision for Karnataka’s Future</h2>
<p>The launch of new airports in Vijayapura, Hassan, and Bengaluru marks a turning point for Karnataka. These projects are not merely about aviation—they are about building vibrant, self-sustaining ecosystems that will drive growth, prosperity, and opportunity for generations to come. For investors, developers, and local communities alike, the future has never looked brighter.</p>

A Bold Leap in Infrastructure and Opportunity Karnataka is on the cusp of a transformative era driven by visionary infrastructure projects that promise to reshape the states economic and urban landscape The Karnataka government has set in motion the construction of new airports in Vijayapura and Hassan alongside a second international airport for Bengaluru These ambitious initiatives are not just about travel they are catalysts for a sweeping real estate boom economic upliftment and a brighter future for communities across the state Blueprints for Progress The Airports in Focus Vijayapura Airport Land Area 727 acres Estimated Cost 34792 crore Status Construction underway targeted completion by 2026 Hassan Airport Location Bhoovanahalli 6 km from Hassan town Estimated Cost 19365 crore Status Construction in progress slated for 2026 completion Bengalurus Second International Airport In addition to these regional hubs Bengaluru is preparing to welcome its second international airport This development will alleviate congestion at Kempegowda International Airport and bolster connectivity across South India further cementing Bengalurus status as a global business and technology hub The Real Estate Ripple Effect The announcement of these airports has sent shockwaves of optimism through Karnatakas real estate sector Land prices in the vicinity of Vijayapura and Hassan have surged with property demand skyrocketing as investors recognize the regions newfound potential Real estate developers are flocking to these highgrowth zones eager to capitalize on the promise of robust returns and longterm appreciation A Boost for Local Communities and Businesses Beyond real estate the airport projects are set to revolutionize local economies Improved logistics and connectivity will benefit local businesses agriculture and trade while enhanced infrastructure will attract tourism and generate employment The Karnataka government anticipates a significant uplift in state revenue with positive ripple effects across transportation trade and tourism A Vision for Karnatakas Future The launch of new airports in Vijayapura Hassan and Bengaluru marks a turning point for Karnataka These projects are not merely about aviation they are about building vibrant selfsustaining ecosystems that will drive growth prosperity and opportunity for generations to come For investors developers and local communities alike the future has never looked brighter

New airports in Karnataka drive real estate surge and economic growth in Vijayapura, Hassan, and Bengaluru.

Karnataka’s Airports Take Off: A New Dawn for Real Estate and Economy

<h2>A New Era of Expansion and Independence</h2>
<p><a href="https://www.raymond.in/" target="_blank">Raymond Group</a>, a storied name in Indian industry, is poised to redefine its legacy in the real estate sector. Having successfully demerged its real estate business and set the stage for its imminent listing, <a href="https://raymondrealty.in/" target="_blank">Raymond Realty</a> is now targeting an ambitious doubling of its topline to <b>₹4,000 crore</b> over the next five years. This bold vision, articulated by Chairman and Managing Director <b>Gautam Singhania</b>, is anchored in a robust growth strategy, disciplined financial management, and a portfolio brimming with high-potential projects across Mumbai and Thane.</p>
<h2>A Growth Engine for the Future</h2>
<p>Raymond Realty’s FY25 performance already speaks to its momentum: with revenue of <b>₹2,313 crore</b> and a profit before tax of <b>₹370 crore</b>, the business is firing on all cylinders. The company’s topline grew by an impressive 45.2% last year, a testament to its execution prowess and the strong demand for its projects. Looking ahead, Singhania has set a target of 15% annual revenue growth and 25% annual EBITDA growth, underscoring the group’s confidence in the sector’s long-term potential.</p>
<h2>A Strong Foundation for the Journey Ahead</h2>
<p>Raymond Realty enters this new chapter with a clean balance sheet, having achieved net debt-free status. While Singhania acknowledges that maintaining this position may be challenging as the business scales, he emphasizes a commitment to financial discipline and prudent capital allocation. <i>“We want to be a strong company with good financial discipline,”</i> he affirms, signaling a focus on sustainable, value-driven growth.</p>
<h2>A Portfolio That Inspires Confidence</h2>
<p>The company’s development pipeline is nothing short of transformative. With projects in Thane and Mumbai collectively valued at over <b>₹25,000 crore</b>, Raymond Realty is well-positioned to capitalize on the region’s burgeoning demand for quality housing and commercial spaces. The recent signing of two joint development agreements—in Mahim and Wadala—worth <b>₹6,800 crore</b>, further bolsters its portfolio. Joint development projects are expected to account for 50% of annual pre-sales within two years, reflecting a strategic pivot toward asset-light, scalable growth.</p>
<h2>A Vision Rooted in Mumbai’s Growth Story</h2>
<p>Mumbai remains the beating heart of Raymond Realty’s expansion. The city accounts for 28% of residential sales among India’s top 10 cities, with 700,000 units sold annually. This vibrant market, coupled with Raymond’s focus on mid-size and premium segments, provides a fertile ground for sustained growth. Despite headwinds from rising prices and cautious forecasts by rating agencies, Singhania remains bullish on sales, noting that residential prices have grown by 7-8% and are expected to maintain this trajectory.</p>
<h2>A Commitment to Excellence and Innovation</h2>
<p>As Raymond Realty prepares for its stock market debut, the company is not just building homes—it is building communities, trust, and a legacy of excellence. With plans to launch two new projects on its own land in Thane and four joint development projects in Mumbai in FY26, the group is laying the groundwork for a future where real estate is not just a business, but a cornerstone of India’s urban transformation.</p>

A New Era of Expansion and Independence Raymond Group a storied name in Indian industry is poised to redefine its legacy in the real estate sector Having successfully demerged its real estate business and set the stage for its imminent listing Raymond Realty is now targeting an ambitious doubling of its topline to 4000 crore over the next five years This bold vision articulated by Chairman and Managing Director Gautam Singhania is anchored in a robust growth strategy disciplined financial management and a portfolio brimming with highpotential projects across Mumbai and Thane A Growth Engine for the Future Raymond Realtys FY25 performance already speaks to its momentum with revenue of 2313 crore and a profit before tax of 370 crore the business is firing on all cylinders The companys topline grew by an impressive 452 last year a testament to its execution prowess and the strong demand for its projects Looking ahead Singhania has set a target of 15 annual revenue growth and 25 annual EBITDA growth underscoring the groups confidence in the sectors longterm potential A Strong Foundation for the Journey Ahead Raymond Realty enters this new chapter with a clean balance sheet having achieved net debtfree status While Singhania acknowledges that maintaining this position may be challenging as the business scales he emphasizes a commitment to financial discipline and prudent capital allocation We want to be a strong company with good financial discipline he affirms signaling a focus on sustainable valuedriven growth A Portfolio That Inspires Confidence The companys development pipeline is nothing short of transformative With projects in Thane and Mumbai collectively valued at over 25000 crore Raymond Realty is wellpositioned to capitalize on the regions burgeoning demand for quality housing and commercial spaces The recent signing of two joint development agreementsin Mahim and Wadalaworth 6800 crore further bolsters its portfolio Joint development projects are expected to account for 50 of annual presales within two years reflecting a strategic pivot toward assetlight scalable growth A Vision Rooted in Mumbais Growth Story Mumbai remains the beating heart of Raymond Realtys expansion The city accounts for 28 of residential sales among Indias top 10 cities with 700000 units sold annually This vibrant market coupled with Raymonds focus on midsize and premium segments provides a fertile ground for sustained growth Despite headwinds from rising prices and cautious forecasts by rating agencies Singhania remains bullish on sales noting that residential prices have grown by 78 and are expected to maintain this trajectory A Commitment to Excellence and Innovation As Raymond Realty prepares for its stock market debut the company is not just building homesit is building communities trust and a legacy of excellence With plans to launch two new projects on its own land in Thane and four joint development projects in Mumbai in FY26 the group is laying the groundwork for a future where real estate is not just a business but a cornerstone of Indias urban transformation

Raymond Realty targets ₹4,000 crore revenue in 5 years, leveraging Mumbai and Thane projects for sustainable growth.

Raymond Realty: Charting a Bold Path to Doubling Growth

<h2>A Star’s Real Estate Vision</h2>
<p>Bollywood actor <a href="https://www.aurumproptech.in/pulse/media/jaideep-ahlawat-andheri-west-home-mumbai-celebrity-property" target="_blank">Jaideep Ahlawat</a>, celebrated for his powerful performances in films like Raees and Raazi, and his wife Jyoti Hooda, have made headlines once again with their latest real estate investment. In a remarkable move, the couple has purchased their second luxury apartment in just one month—both in the same coveted building, Poorna Apartments, in Mumbai’s upscale Andheri West locality. Each apartment, valued at <b>₹10 crore</b>, underscores their confidence in the enduring appeal of premium Mumbai real estate.</p>
<h2>A Home for Every Dream</h2>
<p>The latest acquisition, registered on June 12, 2025, is located on the 14th floor and mirrors the couple’s previous purchase on the 13th floor in May. Both properties offer a generous carpet area of 1,950 sq. ft. (181 sq. m.) and a built-up area of approximately 2,341 sq. ft. (217.47 sq. m.). The June transaction includes two dedicated car parking spaces, while the May purchase came with four. Each deal attracted a stamp duty payment of ₹60 lakh and registration charges of ₹30,000, reflecting the high value and prestige associated with these properties.</p>
<h2>Why Andheri West?</h2>
<p>Andheri West has long been a magnet for celebrities, professionals, and investors, thanks to its strategic location and vibrant lifestyle. The area is seamlessly connected by the Western Express Highway, Link Road, SV Road, and the Versova-Andheri-Ghatkopar Metro line, making it one of Mumbai’s most accessible and desirable neighborhoods. Over the years, Andheri West has evolved into a dynamic hub, blending modern office complexes, co-working spaces, upscale retail outlets, entertainment centers, and premium residential developments. This unique mix has cemented its reputation as a destination of choice for those seeking both convenience and luxury.</p>
<h2>A Legacy of Excellence</h2>
<p>Jaideep Ahlawat’s journey from humble beginnings to Bollywood stardom is a testament to his dedication and talent. Known for his standout roles in Paatal Lok—for which he won the Filmfare OTT Award for Best Actor—and the recent Netflix film Jewel Thief, Ahlawat continues to inspire aspiring actors across the country. His real estate investments reflect not just financial acumen but also a desire to build a lasting legacy for his family.</p>
<h2>A Vision for the Future</h2>
<p>With two landmark properties in Poorna Apartments, Jaideep Ahlawat and Jyoti Hooda have set a new standard for celebrity real estate investments. Their choices highlight the enduring allure of Andheri West as a micro-market that offers world-class amenities, unparalleled connectivity, and a vibrant community. As Mumbai’s real estate landscape continues to evolve, Ahlawat’s story serves as a reminder of the transformative power of strategic investments in the city’s most sought-after addresses.</p>

A Stars Real Estate Vision Bollywood actor Jaideep Ahlawat celebrated for his powerful performances in films like Raees and Raazi and his wife Jyoti Hooda have made headlines once again with their latest real estate investment In a remarkable move the couple has purchased their second luxury apartment in just one month both in the same coveted building Poorna Apartments in Mumbais upscale Andheri West locality Each apartment valued at 10 crore underscores their confidence in the enduring appeal of premium Mumbai real estate A Home for Every Dream The latest acquisition registered on June 12 2025 is located on the 14th floor and mirrors the couples previous purchase on the 13th floor in May Both properties offer a generous carpet area of 1950 sq ft 181 sq m and a builtup area of approximately 2341 sq ft 21747 sq m The June transaction includes two dedicated car parking spaces while the May purchase came with four Each deal attracted a stamp duty payment of 60 lakh and registration charges of 30000 reflecting the high value and prestige associated with these properties Why Andheri West Andheri West has long been a magnet for celebrities professionals and investors thanks to its strategic location and vibrant lifestyle The area is seamlessly connected by the Western Express Highway Link Road SV Road and the VersovaAndheriGhatkopar Metro line making it one of Mumbais most accessible and desirable neighborhoods Over the years Andheri West has evolved into a dynamic hub blending modern office complexes coworking spaces upscale retail outlets entertainment centers and premium residential developments This unique mix has cemented its reputation as a destination of choice for those seeking both convenience and luxury A Legacy of Excellence Jaideep Ahlawats journey from humble beginnings to Bollywood stardom is a testament to his dedication and talent Known for his standout roles in Paatal Lokfor which he won the Filmfare OTT Award for Best Actorand the recent Netflix film Jewel Thief Ahlawat continues to inspire aspiring actors across the country His real estate investments reflect not just financial acumen but also a desire to build a lasting legacy for his family A Vision for the Future With two landmark properties in Poorna Apartments Jaideep Ahlawat and Jyoti Hooda have set a new standard for celebrity real estate investments Their choices highlight the enduring allure of Andheri West as a micromarket that offers worldclass amenities unparalleled connectivity and a vibrant community As Mumbais real estate landscape continues to evolve Ahlawats story serves as a reminder of the transformative power of strategic investments in the citys most soughtafter addresses

Jaideep Ahlawat and wife Jyoti Hooda buy a second luxury apartment in Andheri West for ₹10 crore, boosting Mumbai realty.

Mumbai Leads India’s Land Deal Boom in 2024