March 13,2025:Government-led infrastructure initiatives are also playing a crucial role in reshaping residential preferences. With ongoing developments in suburban and peripheral urban areas, plotted developments are set to redefine housing in India. This trend is paving the way for a new era in real estate, where developers cater to the rising demand for open, customizable spaces while fostering sustainable, community-centric urban planning. Given the current market momentum, the future of residential real estate in India looks increasingly promising.
A JLL study indicates that between January 2022 and October 2023, real estate developers acquired approximately 3,294 acres of land. Furthermore, Anarock reports that around 2,252 acres of land deals in FY-24 are earmarked for residential, plotted, and township projects. The India Plot Market report by Magicbricks highlights Mumbai as the city with the highest demand, followed closely by Pune. This data underscores a notable transformation—plotted developments are no longer just an alternative but are fast becoming the preferred choice for middle-class buyers seeking independence and spacious living.
Developers are also rethinking conventional models to create residential spaces that reflect contemporary aspirations. With a strong emphasis on quality and community-oriented planning, they are crafting environments where residents can enjoy open spaces without sacrificing urban convenience. The trend is also a strategic response to evolving market demands and a step toward future-proofing residential projects.
Mohit Malhotra, Founder & CEO of Neoliv, emphasized this point, stating, “We recognize that homebuyers today seek more than just a place to live—they want spaces that reflect their aspirations, lifestyles, and need for community. As a fund-led developer, we are moving beyond conventional models to create plotted developments that offer the perfect balance of Unique Urban Forest Living, large recreational spaces, and wide access roads. With projects in key locations driven by government infrastructure push, including Kundli-Sonipat, we are committed to prioritizing quality, thoughtful product design, and sustainable growth. By doing so, we are building vibrant, future-ready communities. This shift is more than a trend; it’s a strategic evolution in residential real estate, ensuring that homes are always delivered on time and with a high-quality lifestyle for future generations.”
Neoliv has already made its entry into North India through a development agreement with Royal Green Realty. Its 20-acre Kundli-Sonipat project, situated near Maruti Suzuki’s upcoming plant, includes premium villas, custom-designed plots, and a clubhouse, with a Gross Development Value (GDV) of over Rs. 600 crore. The company aims to create a world-class, sustainable living community in the NCR region.
The demand for plotted developments in India is surging as homebuyers seek greater flexibility and personalized living spaces. Unlike high-rise apartments, these projects provide the freedom to design homes according to individual preferences while benefiting from the security and amenities of gated communities. Additionally, their competitive pricing and adaptability make them an attractive choice for a diverse range of buyers.
Commenting on this shift, Rajat Khandelwal, Group CEO, Tribeca Developers, shared, “Plotted developments are redefining modern homeownership by offering unparalleled flexibility to design bespoke homes while benefiting from thoughtfully curated community amenities. This surge in demand reflects a broader shift in buyer preferences – where personalisation, asset appreciation, and a deeper sense of ownership take precedence. As land values continue to appreciate and infrastructure development accelerates, plotted developments present a compelling investment opportunity, not just in metropolitan hubs but also in emerging tier-II and III cities. At Tribeca, we recognize the potential of this segment and are closely evaluating opportunities to bring our design-driven approach and commitment to quality to the plotted development space.”
The growing inclination toward plotted developments is fueled by rising lifestyle aspirations, increasing disposable incomes, and a preference for green, sustainable living. Developers are capitalizing on this demand by integrating nature-centric elements into their projects. Stonecraft Group, a Hyderabad-based real estate firm, recently launched Woods Indresham, a plotted development spread across 32 acres in Hyderabad. It comprises 305 premium plots ranging from 267 to 587 sq yards and features unique elements such as a one-acre mango grove, a two-acre Miyawaki forest, and seven acres of open spaces to foster a vibrant community.
Kirthi Chilukuri, Founder & Managing Director of Stonecraft Group, noted, “Plotted developments have emerged as a preferred choice for homebuyers seeking flexibility, long-term value, and a deeper connection with nature. Unlike conventional apartment living, these projects offer the freedom to build and customize homes while enjoying open spaces, greenery, and a well-planned community ecosystem. With increasing demand for sustainable and nature-centric living, plotted developments are shaping the future of residential real estate.”