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Realty developers acquired total 1,947-acre land valued at Rs 32,203 cr in 2023

The residential real estate market is booming, leading to increased land deals. Realty developers are actively acquiring land to capture sales momentum and build a robust supply pipeline. Land transactions in tier 1 cities, particularly in Mumbai Metropolitan Region (MMR), have significantly increased. Delhi NCR, Bengaluru, and Chennai are also witnessing land acquisitions.
Uttar Pradesh Tamil Nadu Samantak Das Head Of Research Mumbai Metropolitan Region Chief Economist

MahaRERA makes certification for real estate agents mandatory from January 1

The new regulations also extend to employees associated with developers and those involved in related tasks. They are required to upload their certificates on the designated portal before January 1.
Maharashtra Real Estate Regulatory Authority Maha Maharashtra Real Estate Regulatory Authority Real Estate Agents Real Estate Agents Certification Real Estate Sector Realty Developers

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