India’s real estate market is witnessing a major spike in land purchases in 2025. In just the first half of the year, 76 land deals were signed for over 2,898 acres—already more than what was recorded in all of 2024, when 133 deals were done for around 2,515 acres, according to a new report by ANAROCK.
The total value of these land deals in H1 2025 stood at Rs 30,885 crore. As per the data from ANAROCK’s latest report, ‘Land as Capital: Decoding India’s Land Transaction Patterns and Investment Flows’. These lands have the potential to generate around Rs 1.47 lakh crore in revenue and can support development of over 233 million sq. ft.
Big cities lead, but smaller cities are catching up
Out of the 76 land deals in H1 2025, 67 deals covering nearly 991 acres took place in India’s top seven cities. The remaining nine deals, for over 1,907 acres, happened in tier 2 and 3 cities like Ahmedabad, Amritsar, Coimbatore, Indore, Mysuru, and Panipat.
With 24 deals covering over 433 acres, Mumbai Metropolitan Region (MMR) bagged the most land deals. Bengaluru came next with 15 deals for 182 acres, and Pune had 13 deals for more than 214 acres. NCR, Chennai, and Hyderabad also remained active.
In terms of land use:
54 deals (over 1,200 acres) are for residential developments-inc apartments, villas, and township projects.
8 deals (approx 48.41 acres) are commercial.
6 deals (approx 1,034 acres) for mixed-use projects.
3 deals (537 acres) for industrial and logistics parks.
One deal each for a data centre (2.39 acres) and a semiconductor equipment unit (25 acres).
Post-pandemic growth and shifting trends
“The post-pandemic years from 2021 onwards have seen a relentless spate of land deals. Between 2021 and H1 2025, over 11,858 acres have been transacted in 423 deals across the country for various developments. The scale and sophistication of these deals, which account for a combined development potential of 841 Mn sq. ft., underscore the real estate market’s maturation – and the strategic importance of land as a cornerstone resource,” said Mayank Saksena, MD & CEO – Land Services, ANAROCK Group.
Highlighting the changing landscape of India’s real estate geography, Saksena added, “The emergence of tier II/III cities as significant contributors to the national land transaction ecosystem is also noteworthy.”
“These markets, once considered peripheral to mainstream real estate activity, now represent an inalienable component of the Indian real estate growth horizon – challenging the historical metro-centric model and inducing a healthier geographic distribution of economic opportunity,” he noted.
