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Residential Plots Launch Crosses 4.7 Lakh in Top Cities, Tier II Drive Boom: Report

The Statesman Siliguri

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July 16, 2025

India's residential plot market has witnessed a sharp rise in activity since 2022 as both investors and developers turn to plotted developments for better returns and faster cash flows.

- STATESMAN NEWS SERVICE

According to a report by NSE-listed real estate data analytics firm PropEquity, developers launched nearly 4.7 lakh residential plots across the top 10 Tier I and Tier II cities between 2022 and May 2025.

Of the total, Tier II cities accounted for 2.43 lakh plots, or 52 per cent of the total supply, with the remaining 48 per cent—about 2.25 lakh plots—coming from Tier I cities, primarily Hyderabad, Bengaluru, and Chennai. These three southern metros were the only Tier I cities in the top 10 for plotted development supply.

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