Real estate developers have been actively acquiring land in FY24, with a reported increase of 58%. The surge in land acquisition can be attributed to the growing demand for residential properties, driven by factors such as population growth, urbanization, and favorable government policies. This article highlights the key driving factors behind the land acquisition trend and discusses its implications for the real estate sector. It also examines the challenges faced by developers in securing suitable land for construction projects and the potential impact on property prices. Read more to gain insights into the current state of the real estate market and the strategies adopted by developers to meet the increasing demand for housing.