Land

Plotted Developments

The demand for plots and independent floors has been going up since the last few years, especially after Covid. As work from home became common during Covid, people started looking for spacious accommodations and didn’t mind moving to the suburbs of Tier I cities or smaller towns.

Plotted developments are coming up in Tier II and Tier III cities, and the suburbs of Tier I cities. For instance, Muti International, a real estate developer with a major presence in Bihar. Recently handovered Plots Near Bihta Airport which is distance between Project to Bihta railway station 3.5 km , ESIC Hospital 1.5 Km, IIT Bihta 4 Km , Danapur Railway Station 22 Km, Saguna More to Projects and Bailey Road 23 Km, Raja Bazar, PARAS and IGIMS Hospital 28 to 29KM, AIIMS 25 Km . This Project is full of all amenities like Black Pitch wide Road 40 Feet, 30 Feet, 25 Feet , Drainage , Electric Polls, Society Level Garden and Some other amenities. Within Few months of its launch ,the company sold so many plots which is size range minimum 1200 sqft to 4800 sqft. and an industrial town about 80 km from Patna on the Patna-Ranchi highway. Within a few days of its launch, the company claimed to have sold about 200 out of about 550 plots, ranging between 90 sq.m to 200 sq.m in size.

Developers find large land parcels in smaller towns and suburbs, which helps them plan better. “Large, aggregated land gives us the opportunity to develop smart and sustainable cities and it’s time to divert traffic outside congested cities.

Experts believe people are preferring plotted developments over apartments due to the flexibility and space they offer.