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More Indians Are Buying Land Plots During The Pandemic
Even as the Covid-19 outbreak disrupted several segments in Indian real estate, one has witnessed demand.
13 Nov 2020, 12:12 PM IST ![NDTV Profit](/icons/feather-without-circle.svg)
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![A file photograph of a property under construction in Alibaug, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)](https://media.assettype.com/bloombergquint%2F2020-11%2F3fe6852b-26c0-4908-a9c4-4cce7db4ea66%2F231143852.jpg?rect=0%2C196%2C4000%2C2250&auto=format%2Ccompress&w=200)
A file photograph of a property under construction in Alibaug, Maharashtra, India. (Photographer: Dhiraj Singh/Bloomberg)
Even as the ongoing Covid-19 pandemic depressed demand for real estate, one segment has seen higher interest from buyers.Demand for land with the basic infrastructure provided by developers to later build on it according to a buyer’s preference has risen in the country’s top real estate markets, according to Anarock Research. Called plotted development, a developer gets necessary approvals and demarcates the land without building any...
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