Prev Post
Plot vs. Flat: Weighing the Pros and Cons of Real Estate InvestmentsLand-locked land means a piece of land that doesn’t have direct access to roads or other public places. Valuing this type of land can be a bit tricky, but here’s a simple guide to help you understand it better.
- Understand the Location:
- Check where the land is located. Is it close to important places like markets, schools, or factories? Even though it is land-locked, if it is near valuable places, it may be worth more.
- Check the Land’s Size:
- Measure how big the land is. Bigger land usually costs more, but the value also depends on other factors.
- Look at Similar Land:
- Find other land pieces that are similar and see how much they cost. This will give you an idea of how much your land might be worth.
- Consider Future Use:
- Think about what the land can be used for in the future. If it can be used for something important or profitable, it might increase in value.
- Find Out About Access:
- Even if the land is land-locked, check if there are plans to improve access in the future. Easier access can make the land more valuable.
- Check for Legal Issues:
- Make sure there are no legal problems with the land. Clear legal status adds to the land’s value.
- Consult an Expert:
- If you’re unsure, ask a real estate expert for help. They can provide a more accurate valuation.
In summary, valuing land-locked land involves understanding its location, size, similar land prices, future use, access, legal issues, and sometimes getting professional advice.To learn more and find verified, clean land with expert advice and online booking options, contact Genuine Plots today!
Next Post
Advantages of Investing in Plots in 2024Maharashtra Govt Approves Two New Metro Stations on Swargate Katraj Corridor
The Maharashtra government has authorised the addition of two new underground stations—Bibwewadi and Balaji Nagar—to the planned Swargate–Katraj metro extension, which is a major development for Pune's metro network.
The decision was finalised during a Cabinet Committee on Infrastructure meeting chaired by Chief Minister Devendra Fadnavis, with Deputy CM Ajit Pawar and Urban Development Minister Chandrashekhar Bawankule in attendance.
Two Key Additions
The 5.46 km underground stretch, known as Line-1B of the Purple Line, was earlier planned with three stations: Market Yard, Padmavati, and Katraj. With strong public demand for better access along the route, the state government has now cleared the proposal for Balaji Nagar (near Bharati Vidyapeeth) and Bibwewadi stations.
Construction Timeline
Though the ground-breaking ceremony for the Swargate–Katraj extension was held in September 2024, actual construction work has been delayed due to retendering. The corridor is expected to be completed within four years of starting, and officials now anticipate contracts to be finalised by October 2025, after the monsoon.
Why It Matters
Traffic congestion along the Satara Road corridor will be reduced once the extension is operational, offering smooth connectivity from central Pune to the southern hub of Katraj. The two newly approved stations are expected to benefit thousands of daily commuters, including students, office-goers, and residents in Bibwewadi and Balaji Nagar.
Real estate transactions are legally subject to stamp duty levied by the state government. It serves as proof of ownership and the legality of the sale agreement and ensures that the transfer of property rights is recognised by the law. A real estate transaction is deemed legally invalid if stamp duty and registration fees are not paid.
The Maharashtra government kept Pune's registration fees and stamp duty the same in 2025.
|
Ownership Type |
Stamp Duty (incl. 1% Metro Cess) |
Registration Fee |
Total |
|
Male |
7% |
1% |
8% |
|
Female |
6% |
1% |
7% |
|
Male+Female |
6.5% |
1% |
7.5% |
|
Female+Female |
6% |
1% |
7% |
|
Male+ Male |
7% |
1% |
8% |
Area-Wise Stamp Duty in Pune
|
Pune Areas |
Stamp Duty Rates |
|
Within Gram Panchayat limit |
4% |
|
Within Panchayat or Rural areas under MMRDA |
5% |
|
Within Cantonment area or Municipal Corporation limits |
5% |
PMRDA, District Administration Push for Land Acquisition for Nashik Phata–Khed Elevated Corridor
In order to alleviate traffic congestion along the Pune–Nashik highway, the district administration and the Pune Metropolitan Region Development Authority (PMRDA) have stepped up their efforts to finish the land acquisition for the upcoming Nashik Phata–Khed elevated corridor.
Project Overview
The 30-km elevated corridor between Nashik Phata and Rajgurunagar (Khed) will be developed by the National Highways Authority of India (NHAI). The project, estimated at ₹7,827 crore, is expected to significantly reduce travel time and traffic snarls on this vital route, especially near industrial hubs like Chakan.
Land Requirement & Acquisition
Authorities have identified around 14 hectares of land needed for the project, primarily for entry and exit points. Out of this, 9.74 hectares belonging to around 150 landowners within PMRDA limits—covering villages such as Nanekarwadi, Waki Khurd, Waki Budruk, Chimbali, Kuruli, Medankarwadi, and parts of Chakan have been earmarked.
In areas under the Pimpri-Chinchwad Municipal Corporation (PCMC), particularly in Bhosari and Moshi, land acquisition is being facilitated through Transfer of Development Rights (TDR) and Floor Space Index (FSI) transfers.
Financial Support
To cover remaining acquisition costs, a proposal seeking ₹262 crore in state aid has already been submitted. Authorities have assured that landowners will receive due compensation for the acquired land.
Challenges Ahead
Concerns have been voiced by a few Chakan landowners who demand payment for their holdings and assert that previous acquisitions for highway construction were never formally transferred. If these disagreements are not settled right away, the process may be delayed.
Road Ahead
The district administration has set a goal to finish the land acquisition by October 2025. Following the conclusion of the bidding process, construction is anticipated to start. Once the corridor is up and running, it should improve connectivity to the Chakan MIDC belt and beyond while also providing relief to thousands of daily commuters.
Source: Times of India
K Raheja Corp Subsidiary Acquires 7.43 Acres in Mahalunge, Pune for ₹195 Crore
Mumbai-based real estate major K Raheja Corp, through its subsidiary KRC Queens Pvt Ltd, has acquired 7.43 acres of land in Mahalunge near Hinjewadi, on the outskirts of Pune, for ₹195 crore, according to property registration documents accessed by CRE Matrix.
Mahalunge Real Estate Developers Pvt Ltd sold the land parcel, which was designated for a residential township project. On July 21, 2025, the deal was registered after ₹13.67 crore in stamp duty was paid.
As per the agreement, the plot is part of a notified integrated township project and offers a development potential of 1.51 lakh sq. metres (16.28 lakh sq. ft.), translating to a saleable area of approximately 17 lakh sq. ft.
Mahalunge, which is close to the busy Hinjewadi IT district, has become one of Pune's most popular real estate areas because of its better infrastructure and close proximity to job hubs.
This purchase complements K Raheja Corp's most recent expansion efforts. . Earlier in January 2025, the developer entered into an agreement to purchase 5.75 acres of land in Mumbai’s Kandivali area for ₹466 crore.
The newly acquired land in Mahalunge is expected to be developed into a premium residential township, leveraging the area’s connectivity and demand from professionals working in nearby IT and commercial hubs.
Property Division Now Possible for Just ₹100: A Major Relief for Families and Farmers
In India, family property disputes have long been a source of stress, frequently lasting years because of ambiguous ownership and expensive registration fees. Because formal land division was costly, time-consuming, and legally complex, many families have avoided it until now. Instead, verbal agreements were common, leading to misunderstandings, conflicts, and in many cases, prolonged court battles.
In a major reform, the government has now simplified the rules for legal land division, allowing families to complete the process officially at a cost of just ₹100.
The New Simplified Process
According to recent reports, the process has been made much more transparent and affordable:
- Family Register Update – Every family member must be listed in the Parivarik Register maintained by the local Circle Officer. Missing names will not be eligible for a share.
- Application Submission – Applicants need to provide ID proof, land ownership documents, and family relationship certificates, such as a ration card or family ID.
- ₹100 Stamp Paper – After approval, families can purchase a ₹100 stamp paper on which the division details, such as boundaries, shares, and names of each member, are recorded.
- Legal Ownership Issued – Once verified and registered, each member receives official ownership documents, enabling them to sell, mortgage, or apply for government benefits.
Benefits of the Reform
For farmers: Having clear land ownership makes it easier for them to access government programs and obtain agricultural loans.
For women, stronger property rights are ensured by the legal recognition of their share.
For Families: Makes land distribution clear and legally binding, preventing future conflicts.
A Step Towards Transparency
Experts note that this initiative will reduce land-related litigation and bring clarity to property ownership. This action is anticipated to greatly reduce the burden of the millions of cases involving inheritance and division that are still pending in Indian courts. Additionally, it supports the government's overarching objective of establishing an effective, transparent, and fraud-free land record system that benefits both urban and rural households.
Conclusion
All societal segments can now afford property division thanks to the government's simplification of the procedure and reduction of the cost to just ₹100. This reform ensures economic strength for farmers, legal empowerment for women, and peace of mind for families by simplifying and lowering the cost of what was once a complex legal process.
Sources:
SCMM News
The Times of India
Hindustan Times