Overview
- Developers introduced 45,591 residential plots in Jan–May 2025, matching 36% of the total launched in 2024.
- Tier II markets accounted for 52% of cumulative plot launches across the top 10 cities since 2022, highlighting decentralized expansion.
- Buyers and investors have shifted toward land parcels for quicker price gains, greater liquidity and customization potential.
- Despite a 23% drop in plot supply in 2024 to 126,556 units, average launch prices jumped 27% to Rs 3,679 per sq ft, signaling tight availability.
- PropEquity values the cumulative plot launches at ₹2.44 lakh crore, underscoring the economic heft of the plotted-development segment.