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Hindustan Times
08-07-2025
- Business
- Hindustan Times
Tier 2 cities drive land deals in H1 2025, Coimbatore leads with single largest transaction of 714 acres: Report
Tier 2 cities emerged as major players in India's land transaction ecosystem in the first half of 2025, with Coimbatore recording the largest single land transaction of 714 acres, followed by Ahmedabad at 590 acres and Amritsar at 520 acres, a report by Anarock said on July 8. Tier 2 cities emerged as major players in India's land transaction ecosystem in the first half of 2025, with Coimbatore recording the largest single land transaction of 714 acres. (Photo for representational purposes only)(Pixabay) Geographically, Anarock said of the 76 land deals in H1 2025, 67 deals for 991 acres took place in the top-seven cities. The remaining nine deals for 1,907 acres were in tier-2 and tier-3 cities like Ahmedabad, Amritsar, Coimbatore, Indore, Mysuru, and Panipat. Despite broader economic uncertainty due to geopolitical tensions, land buying continued unabated, setting a new record with 76 deals totalling over 2,898 acres across the country. Also, the prominence of tier-2 cities signals a dramatic decentralisation of land investment away from traditional metro-centric strategies. Among Tier 1 cities, the Mumbai Metropolitan Region (MMR) led in terms of volume, clocking 244 land deals for more than 433 acres, while Bengaluru followed with 15 deals covering 182+ acres, reinforcing sustained interest in top urban hubs alongside rising activity in smaller cities, ANAROCK report titled Land as capital: Decoding India's land transaction patterns and investment flows said. The total volume of the land transacted so far in 2025 is already 1.15 times the deals volume seen in the whole of 2024, which saw about 133 deals for 2,515 acres concluded, it said. At least 2,900 acres of land deals, with a market value of ₹31,000 crore, were transacted in the Indian realty market during the first six months of 2025 (H1 2025). The total revenue potential was approximately ₹1.47 lakh crore and the total development potential was 233 mn sq ft, it noted. Also Read: Beyond the metros: Why are Tier II cities emerging as the new commercial real estate hotspots? "The post-pandemic years from 2021 onwards have seen a relentless spate of land deals. Between 2021 and H1 2025, over 11,858 acres have been transacted in 423 deals across the country for various developments. The scale and sophistication of these deals, which account for a combined development potential of 841 mn sq. ft., underscore the real estate market's maturation - and the strategic importance of land as a cornerstone resources,' said Mayank Saksena, MD and CEO - Land Services, ANAROCK Group. 'The emergence of tier II/III cities as significant contributors to the national land transaction ecosystem is also noteworthy," said Saksena. "These markets, once considered peripheral to mainstream real estate activity, now represent an inalienable component of the Indian real estate growth horizon - challenging the historical metro-centric model and inducing a healthier geographic distribution of economic opportunity,' he said. Land deals in H1 2025 include outright sales and joint development agreements These deals include both outright transactions as well as joint development agreements between realtors and landowners. At least 54 separate deals for over 1,200 acres are proposed for residential developments, while eight deals involving 48.41 acres are proposed for commercial projects. Six deals totalling 1,034 acres are proposed for mixed-use development. Around 537 acres in three separate deals are proposed for industrial & logistics parks, the Anarock report said.
News18
08-07-2025
- Business
- News18
Land Deals Remain Upbeat In H1 2025, Transactions Seen For 2,900 Acres Worth Rs 31,000 Crore: Report
Real Estate Deals: The total market value of the land transacted in January-June stood at Rs 30,885 crore. India's real estate market show an impressive growth post pandemic with major develpers acquiring land for various real estate developments, including residential, commercial, logistics, and warehousing, according to a report by real estate consultant Anarock. At least 2,900 acres of land deals, having a market value of Rs 31,000 crore, were transacted in the first six months of 2025, according to Anarock. It clarified that the land deals include both outright as well as joint development agreements between realtors and landowners. The value is based on the rates prevailing in the markets and not the actual price considerations. In a statement on Tuesday, Anarock said, 'Over 2,898 acres of land were transacted in 76 deals across India in H1 2025." The total market value of the land transacted in January-June was Rs 30,885 crore, the consultant said. The total revenue potential of these land parcels is about Rs 1.47 lakh crore and a total development potential of over 233 million sq ft. Bulk of these land deals were for development of housing, commercial and mixed use projects. Of the total 76 land deals in the first half of this year, Anarock said as many as 17 were joint development agreements (JDAs) spread over 782 acres with a market value of Rs 6,765 crore. Anarock highlighted that the total volume of the land transacted in the first six months of 2025 is already 1.15 times compared to the entire 2024, which saw about 133 deals involving 2,515 acres. Geographically, Anarock said of the 76 land deals in H1 2025, 67 deals for 991 acres took place in the top-seven cities. The remaining nine deals for 1,907 acres were in tier-2 and tier-3 cities like Ahmedabad, Amritsar, Coimbatore, Indore, Mysuru, and Panipat. At least 54 separate deals for over 1,200 acres are proposed for residential developments, while eight deals involving 48.41 acres are proposed for commercial projects. Six deals totalling 1,034 acres are proposed for mixed-use development. Around 537 acres in three separate deals are proposed for industrial & logistics parks, the consultant said. Mayank Saksena, MD & CEO (land services) of ANAROCK Group, said, 'The post-pandemic years from 2021 onwards have seen a relentless spate of land deals. Between 2021 and H1 2025, over 11,858 acres have been transacted in 423 deals across the country for various developments. The scale and sophistication of these deals, which account for a combined development potential of 841 million square feet, underscore the real estate market's maturation — and the strategic importance of land as a cornerstone resource." The emergence of tier II/III cities as significant contributors to the national land transaction ecosystem is also noteworthy, said Saksena. 'These markets, once considered peripheral to mainstream real estate activity, now represent an inalienable component of the Indian real estate growth horizon – challenging the historical metro-centric model and inducing a healthier geographic distribution of economic opportunity," he added.
India Gazette
15-06-2025
- Entertainment
- India Gazette
'Flowers Bloom,' a heartfelt collection of life-affirming stories by Dr Krishna Saksena launched in New Delhi
New Delhi [India], June 15 (ANI): Esteemed author and academic Dr Krishna Saksena unveiled her latest book titled 'Flowers Bloom' at a special event in the national capital today. The book was formally launched by renowned medical professional and Padma Shri awardee, Dr Kalyan Banerjee, in the presence of literary and academic dignitaries. 'Flowers Bloom' is a curated collection of short stories, deeply rooted in Indian ethos, cultural values, and spiritual insight. Written in a lucid and accessible style, the stories offer thoughtful reflections on life, character, and human conscience. Through simple yet poignant narratives, the book seeks to inspire readers to rediscover virtues such as empathy, humility, and compassion. Speaking at the event, Dr Saksena emphasised the transformative power of storytelling. 'Stories have the ability to touch hearts where mere instruction fails. Even the Vedas use stories to impart wisdom. If this book helps someone pause, reflect, and live with a little more kindness, I will consider my work worthwhile,' she said. Dr Banerjee, who unveiled the book, praised the work as timeless. 'Dr Saksena's stories are rich with emotional depth and human connection. They transcend age and context, offering lessons that are universally relevant. Her characters are relatable, and each story quietly encourages introspection,' he said in a press statement. The title 'Flowers Bloom' symbolises both beauty and selflessness, echoing the book's core message. Just as flowers spread fragrance without expectation, the stories aim to offer quiet wisdom and comfort to readers from all walks of life. Dr Krishna Saksena, a pioneer in Indian academia, was the first woman in Uttar Pradesh to earn a PhD in 1955. A former professor at Delhi University, she has authored several acclaimed books, including 'The Gita As I Understand', 'Take a U Turn', and 'Tales My Wrinkles Tell.' Her literary contributions are widely admired for their simplicity, emotional clarity, and spiritual resonance. (ANI)
CBS News
06-05-2025
- Climate
- CBS News
Lightning strikes Southlake and Colleyville homes during North Texas storms
Monday's storms in North Texas caused concern for residents in Southlake and Colleyville after two homes were hit by lightning. In Southlake, resident Shailendra Saksena captured photos of his neighbor's home on fire after it was struck by lightning. Saksena lives four homes away from the house that caught fire, near the intersection of Monte Carlo Drive and La Mans Lane. CBS News Texas "We lived in Fort Worth before, and we have never seen this kind of fire caused by lightning before," said Saksena, who has lived in the Carillon neighborhood for 10 years. "I saw the smoke coming out of the house, and then within 30 seconds or so, about four or five trucks and a police truck came." On Tuesday, an insurance adjuster was at the damaged home surveying the property, which had extensive damage to the roof. Saksena said this is the third time a home on the same block has been hit by lightning in the last five years. "It is really scary, but we don't know why," he said. "Something has to be down there, but the same road is being hit." CBS News Texas Chief Meteorologist Scott Padgett said multiple factors can play into why an area is more likely to get hit by lightning than others. Padgett said lightning always looks for the highest point of contact it can find. "With all these storms coming through, if they have really high rooftops, and they're the highest thing around the surrounding areas, they're going to attract that lightning more than a lower object that's close by," said Padgett. Padgett added that it also depends on the severity of the storm. Saksena isn't taking any risks. He installed lightning rods on the top of his home after the last strike, and so did many of his neighbors to prevent future damage. Saksena hopes others who haven't will consider it, too. "I'm not an expert, but I will say if you can afford it, please put the lightning rods, so at least you can be with some peace of mind," he said.
