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Number of land deals down in Q2 over soaring prices
The Morning Standard
|July 22, 2024
LAND acquisition by developers and other entities plunged in the second quarter of this year (April-June) as the 2024 general elections and skyrocketing land prices dampened sentiments.
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The number of land deals closed in Q2 2024 came down to 25 transactions for over 325 acres' area, according to data shared by property consultant ANAROCK. In contrast, Q1 2024 saw about 29 land deals for over 721 acres closed across the country.
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