Friday, June 27, 2025 | 02:08 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Buy from rightful owner, don't trip up on titles when investing in a plot

With prices on the upswing, a judiciously chosen plot can yield higher return than an apartment

home loans, property, loans, banks, credit
premium

The development of metros and expressways in several cities has brought far-flung areas closer to the centre, leading to an increase in demand for plots in those areas.

Sanjay Kumar Singh
Land prices have risen 20 to 44 per cent on average between 2019 and 2022 across tier-1 cities, according to ANAROCK Group, a real estate consultancy. A recent report from Dolat Capital says the price increase has been particularly sharp in Gurgaon and Hyderabad, with prices shooting up by more than 200 per cent in some areas since pre-Covid-19 times.

Rising demand

Since the pandemic, many residents of metros want the greater seclusion that an independent house can provide. This has led to an increase in demand for plots. “Several plotted development projects have been launched across cities in the