Land deals in larger cities are being driven by top developers, while Tier-2 cities are seeing strong buying momentum in industrial real estate, the second-largest category after residential
Gurugram-based M3M emerged as the highest bidder for a 12.5-acre land parcel in Noida's Sector 108 for ₹1,839 crore, against a reserve price of ₹835 crore set by the New Okhla Industrial Development Authority for the auction. DLF was the other bidder at the final stage.