Developers buy 1,757 acres in a year despite COVID-19 pandemic
The Hindu
Real estate developers and entities sealed around 45 separate land deals across the top seven cities between Q3 2020 and November 2021
The COVID-19 pandemic might have severely dented economic growth but not the appropriate of developers to buy land.
According to data collated by Anarock, a real estate consulting group, some of the real estate developers, including M3M Group, Godrej Properties, K. Raheja Corp and Shapoorji Pallonji Group, turned out to be top land buyers last year.
While M3M acquired land worth ₹900 crore in Noida, Godrej Properties bought land worth ₹700 crore in Bengaluru.
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