Tier II and Tier III cities saw 45% of land deals between January 2022 and October 2023.

Panipat, Ludhiana, Nagpur, and Panchkula collectively contributed.

To around 75 percent of the total 1,461 acres of the acquired land.

Almost 44.4 percent of land deals transacted by developers

Between January 2022 and October 2023 were in Tier II and III cities

Totaling 1,461 acres being acquired across 17 separate land deals.

Additionally, 3,294 acres of total land were acquired by developers during the period.

According to a report by JLL.