The real estate sector recorded a strong recovery after the government relaxed rules on land plotting, generating Rs 4.848 billion in revenue between November 17 and December 15. According to the Department of Land Management and Archive, 51,632 land transactions were completed during this period, a notable rise compared to the Rs 2.74 billion collected from October 18 to November 16. The rebound followed the implementation of the Third Amendment to the Land Use Regulation 2025, which allowed land fragmentation in more than 500 local units. While transaction volumes have increased significantly, experts say further easing of bank lending policies could potentially double current activity levels.
