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JLL Strengthens Navi Mumbai Presence with Second Successful CIDCO Deal

JLL Strengthens Navi Mumbai Presence with Second Successful CIDCO Deal
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residential developments: Housing market uptrend drives more land parcels under residential developments

Most land parcels acquired by the developers across the country in the last 18 months have been added to their residential development pipeline and is an indication of augmented capex utilisation aimed at clocking higher sales in the upcoming quarters. Out of the total 2,181 acres of land transacted between January 2022 and May 2023, around 84% or 1,822 acres has been allocated for proposed residential developments, showed data from JLL India.

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