The Surging Demand for Land Parcels: A Game-Changer in the Real Estate Market

Land parcels sell out quickly

The real estate market is witnessing an unprecedented surge in demand for land parcels, driven by the remarkable sales numbers of residential properties. In this article, we delve into the latest research and market trends to understand the factors behind the rapid sell-out of land parcels and the implications for the real estate industry.

Swift Land Deals and Reduced Timelines:
Research from Anarock Property Consultants reveals a substantial increase in the number of sealed land deals in the past fiscal year. With approximately 87 deals closed across 1,862 acres, the market is witnessing accelerated activity. This streamlined process can be attributed to the urgency among buyers and sellers, resulting in quicker negotiations and agreement settlements.

Strategic Investments in Scarce Land:
Recognizing the surging demand, builders are strategically acquiring land in prominent micro-markets. This emphasizes the importance of strategic land investments in meeting market demand.

Resilient Housing Boom and Record Sales:
The residential sector is currently experiencing an unrelenting housing boom, with sales in the top seven cities reaching an all-time high in FY23. This remarkable growth has incentivized large developers to capitalize on the thriving market conditions.

Escalating Land Prices and Regional Disparities:
Land prices in tier 1 cities have witnessed substantial increases, highlighting the intense competition and limited supply in prime urban areas.

Streamlined Approval Processes and Market Considerations:
While the overall development timeline has reduced, challenges remain in obtaining necessary approvals. Recent improvements in municipal corporation development plan approvals and Real Estate Regulatory Authority (RERA) registrations have expedited the go-to-market process.

Investing in Secure and Customizable Land Parcels:
If you are looking for a secure investment that can be customized to fit your exact needs, investing in a plot of land is the perfect option. Shanders projects have all the necessary government and statutory approvals and have been endorsed by leading banks. With a speedy home loan process, you can move in with complete confidence.

Shanders offers a unique opportunity to purchase a plot and villa at the price of a 3BHK apartment. Reserve your villa today and customize the design of your home from 800 sqft to 3600 sqft of built-up area, enjoying the peace of mind that comes with owning your own freehold property. The Real Estate Division of Shanders was established to solve the housing needs of the migrant, urban middle class, ensuring that their projects meet the requirements of both land and housing.

Our real estate division is dedicated to addressing the housing needs of the migrant urban middle class. We ensure that all our projects have the necessary government and statutory approvals, and our streamlined processes make securing a home loan quick and hassle-free. Shanders offers the perfect opportunity to invest in a secure and customizable plot of land. Don’t settle for a flat; invest in your own villa and turn your dream home into a reality.

At Shanders, we understand the significance of land and housing in today’s market. We have positioned ourselves to meet these requirements by providing secure and customizable land options. Our commitment to obtaining all necessary approvals and offering speedy home loans ensures a smooth and convenient experience for our customers. With Shanders, you can trust that your investment is in good hands.

Also read this article for further details on property prices across Bengaluru.

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