India, March 7 -- As many as 44% of the 3,294 acres of land acquired by real estate developers in 2024 were concentrated in the emerging hubs of India's Tier-2 and Tier-3 cities, said a research report on the real estate sector of 60 Indian cities, released by CREDAI-Liases Foras during the New India Summit 2025 in Nashik, Maharashtra.

The report said housing sales in 2024, reached 681,138 units across 60 cities, recording a 23% year-on-year (Y-o-Y) increase. The primary developers' market registered a sales value of Rs.7.5 trillion, reflecting a staggering 43% YoY growth, propelled by sustained demand across segments, the report said.

This data is from a report released by CREDAI titled 'Overview of Residential Real Estate Market in 60...