January 28, 2026: The Mumbai Metropolitan Region (MMR) emerged as India’s most active real estate market for land transactions in 2025, topping all other major cities with more than 500 acres acquired across 32 large deals. This made MMR the single biggest contributor to land transactions among the country’s top seven cities during the year.
Across India, at least 126 land transactions were recorded in 2025, covering a cumulative area of nearly 3,772 acres. While the total number of deals declined compared to 2024, the overall land area transacted increased sharply, indicating a rise in larger, more strategic acquisitions by developers and investors.
In MMR, the acquired land parcels were earmarked for a wide spectrum of asset classes. These included residential townships and plotted developments, premium and luxury villa projects, commercial office and mixed-use developments, as well as industrial and logistics parks. Developers also showed growing interest in data centres and new-age infrastructure, reflecting changing demand patterns and the region’s evolving economic profile. This diversification highlights a clear shift beyond purely residential development towards a more balanced real estate portfolio.
Other major cities also recorded notable activity, though at lower levels than MMR. Bengaluru ranked second, with over 450 acres transacted across 27 deals, largely driven by demand linked to its technology and startup ecosystem. Pune followed with around 308 acres in 18 transactions, supported by its manufacturing base and IT corridors. The National Capital Region (NCR) saw about 137 acres change hands across 16 deals, mainly for plotted housing and redevelopment projects. Hyderabad and Chennai witnessed moderate land sales driven by residential, industrial and data centre demand, while Kolkata saw no major land transactions during the year.
Residential development remained the dominant driver nationwide. Of the 126 deals completed, 96 were residential transactions, accounting for nearly 1,900 acres. Industrial and logistics assets made up close to 600 acres, while mixed-use projects covered about 1,000 acres. Commercial and data centre-related acquisitions also contributed meaningfully amid rising demand for office space and digital infrastructure.
Despite rising land costs and tighter supply in prime locations, developer appetite for land remained strong in 2025. MMR’s leadership in both deal volume and land area reaffirmed Mumbai’s position as India’s most dynamic and confidence-driven real estate market.
Source: Genuine Plots
