Hyderabad tops the list of land deals in 2022

22 Nov 2022 CW Team

In the first nine months of 2022, India's top eight cities closed at least 68 land deals totalling 1,656 acre, up from 20 offers in the same period the previous year, as builders rushed to accumulate land in response to rising demand for housing.

The proposed developments include residential, retail, mixed-use, commercial, and warehousing space.

Almost 40 per cent of the total land offers in 2022 (January-September) have been proposed for residential growth, 147 per cent for industrial and logistic parks and warehouses, 119 per cent for information centres, 115 per cent for mixed-use growth, and 26 per cent for business growth, among other things.

Hyderabad topped the land deal share with 46 per cent, the NCR got here in a distant second with 14 per cent and Bengaluru was subsequent with a 13 per cent share. The MMR had the best variety of transactions, however for small land parcels.

Also Read
Kolte Patil to get Rs 2.06 bn cash infusion from Marubeni Corp
Mindspace REIT net operating income increases 16% in Q2

Infrastructure Urban

16 May 2025

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Infrastructure Urban

16 May 2025

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Infrastructure Urban

16 May 2025

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..