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10 Common Mistakes First-Time Land Buyers Make — and How to Avoid ThemIndia has seen one of the biggest increases in land demand in its modern real estate history during the last four to five years. Land has surpassed traditional favourites like gold, stocks, and even ready-to-move-in homes to become the asset class that is selling the fastest, while apartments and commercial offices continue to grow steadily.
1. Lifestyle Shift: Indians Want Space, Freedom, and Open Living
For decades, apartments – small, convenient, and city-centred – dominated the agenda. But after the experiences of lockdowns and confined living:
- Residence purchasers desire privacy, larger land area, yards, gardens, and terraces
- They choose peri-urban or suburban land as opposed to the busy city apartments
- Land offers the one thing modern apartment towers cannot: freedom to design, expand, and personalise your living environment.
- This desire for space has become a cultural reawakening — and a major driver of the land boom.
2. Work-From-Anywhere Culture Has Changed How India Lives
These forms of telework have opened a new dream of life:
“If I can work from anywhere, why not live better?”
This has led to a huge demand in the following:
- Farmhouses
- Second homes
- Weekend villas
- Organic farmlands
- 1 to 5-acre hobby farms
- Young professionals, freelancers, business owners, and retirees are all buying land to escape urban chaos and enjoy nature without compromising work.
- Areas within 100–200 km of major cities (Pune, Mumbai, Bangalore, Hyderabad, Delhi, Chennai) are witnessing a surge in:
- Plot sales
- Agricultural land conversions
- Boutique villa projects
- Eco-living communities
This trend is growing faster than any other segment.
3. Land Is Finite — Population Is Not
This is the simplest economic equation behind India’s land boom:
Land supply is fixed, but India's population and economic base keep expanding.
Urbanisation proceeds at a historically unprecedented rate:
India is expected to have an additional 416 million urban population by 2050
Urbanisation is occurring as cities grow outwards to the suburbs
Industrial corridors are gobbling up major chunks of land.
Infrastructural developments are transforming whole regions
Given its relatively constant supply and growing demand, land values naturally appreciate in value every year, often more reliably even than apartments.
This explains why land is being perceived as the only safe asset in the Indian market.
This is why land is increasingly viewed as the safest long-term asset in India.
4. India's Massive Infrastructure Push Is Fueling the Land Rush
No factor boosts land prices more than infrastructure — and India is currently undergoing the largest infra transformation in its history.
Key drivers include:
- New airports (over 21 new airports built since 2017, more planned)
- Multiple expressways (Delhi–Mumbai, Samruddhi Mahamarg, Bengaluru–Chennai)
- Ring roads around Tier-1 and Tier-2 cities
- Metro expansion across 15+ cities
- Freight corridors and logistics parks
- Industrial parks and SEZs
- Tourism destination development
Wherever infrastructure arrives, land prices typically jump 25–60% in 2–4 years.
Example:
The Samruddhi Mahamarg has transformed land markets around Shirdi, Nashik, Aurangabad, and Nagpur.
The Pune Ring Road is triggering price surges in Wagholi, Charholi, Pirangut, and Ranjangaon.
5. Cultural and Emotional Value: Indians Trust Land Over All Else
For generations, Indians have believed:
“Land is security. Land is legacy.”
- Land never goes out of demand
- Land doesn’t age
- Land can be repurposed (residential, rental, commercial, farming, villa, warehouse)
- Land carries emotional value — especially for families and NRIs
6. The NRI Factor: Why Global Indians Are Buying More Land Than Ever
Rupee depreciation → property becomes cheaper in dollar terms
- Desire to return or retire in India
- Long-term investment stability
- High returns compared to global real estate markets
- Emotional connection to home country
7. Pune–Mumbai: The Hottest Land Market in India Today
The Pune–Mumbai corridor has become India’s most dynamic land market due to:
- Expressways (Mumbai–Pune, Mumbai–Goa, Pune Ring Road)
- Strong IT sector in Pune
- Industrial belts (Chakan, Talegaon, Ranjangaon)
- Growing NRI demand
- Better climate and lifestyle than metro cities
- Affordable land compared to Bangalore or NCR
This region is witnessing rapid appreciation, making it a top choice for investors, end users, and NRIs.
Conclusion
With increasing incomes, improved infrastructure, the work-from-home philosophy, NRI enthusiasm, and the subsequent economic growth in India, land is going to remain the favourite as well as the highest-growing sector for the coming years.
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What Types of Land Can NRIs Buy in IndiaLand Investment Advisory Services – Secure Your Future with Genuine Plots
An investment in land is certainly an excellent opportunity to build wealth over time. However, investing in land requires a lot of due diligence and the right team to assist you through the planning process, confirming any legal aspects of the property, and providing you with the guidance necessary to help identify all of the risks and opportunities with each potential land investment.
Genuine Plots provides a significant service to land investors by providing them with a professional and reliable source of land investment advisory services to ensure that their investments are secure, transparent and profitable.
There are numerous reasons why investing in land is a solid choice for you, including that it’s a limited resource, and its value will generally increase over time. There’s also typically less maintenance required on land compared to other real estate assets, and land purchased in up-and-coming areas can yield good profits for the investor. Land can be used for a variety of purposes, including:
- Residential
- Agricultural
- Commercial
- Long-term investment, having a fair return due to appreciation in value over time
Investing in land has disadvantages as well, such as title disputes, poor documentation, and unclear zoning. Professional advisory services help you navigate these issues and challenges.
Genuine Plots offers and delivers verified and legally sound land investment opportunities to clients. The overall goal is to employ a systematic and transparent approach to provide clients with the tools necessary to make sound investments in land with full confidence. This will ensure that they have access to a simple, secure, and stress-free land purchasing experience.
The platform lists various types of land, including residential plots, agricultural land, industrial land, and farmhouse plots across growing locations. Key Land Investment Advisory Services of Genuine Plots include:
- Legal Verification and Due Diligence
One of the most significant elements of investing in land is ensuring proper verification of ownership and proper documentation. Genuine Plots provides extensive due diligence to confirm that properties are not encumbered by disputes, encumbrances or ownership defects.
- Documentation & Legal Assistance
Genuine Plots also assists investors by providing crucial documentation such as sale deeds, title searches, and any other necessary legal documentation to successfully complete a real estate transaction and maintain compliance, thereby minimising the investor’s risk of legal complications.
- Review of Purchase Agreements
It is vital to understand the terms of a property before you decide to invest, and Genuine Plots has an advisory team to review purchase agreements carefully to ensure that the interests of buyers are protected and the terms are fair.
- Negotiation Assistance
Negotiating sale price and property terms can greatly influence price appreciation and return on investment. Genuine Plots provides the buyer with professional negotiations to ensure they receive the best deal possible.
- Closing & Registration
The last step in a transaction involves completing the paperwork, processing payment, and transferring the title. Genuine Plots coordinates with all parties involved to ensure your transaction closes successfully and quickly.
Benefits of Working With Professionals
When you work with professional advisors, the following benefits will be realised:
Access to verifiable properties
Reduced legal & financial risks
Provides market insight and ROI analysis
Transparency in the documentation process
All-inclusive investment support from start to finish
With the assistance provided, you will be able to make informed buying decisions and maximise your profits.
Transparency is extremely important for building trust in real estate transactions. Genuine Plots is committed to ensuring that clients have access to verified listings, reliable information and professional advice.
Summary
Land investing can be an excellent vehicle for accumulating wealth as long as you have the right kind of direction. With a professional advisor at Genuine Plots, investors can reduce their exposure to risk, identify potential opportunities for investment and create a strong legal foundation for their investment property.
Isprava Group, a luxury real estate development company based in Mumbai, has acquired a land parcel of over two acres in Verna, marking its entry into the emerging luxury residential market in South Goa. The company will be investing around ₹85 crore in developing the property.
Strategic Expansion into South Goa
This marks a major play-out outside of North Goa, where Isprava has already carved a niche for itself over the last decade. According to Nibhrant Shah, Managing Director and Co-CEO of Isprava Group, the current market conditions could not be more apt.
North Goa, which was hitherto identified as the prime destination for luxury holiday homes, has developed quite extensively. South Goa, with its serene ambience and lower density, is all set to be the next big thing.
Project Overview: Private Villas & Bespoke Homes
The upcoming development in Verna will feature two key components:
- Private luxury villas
- A curated collection of bespoke residences
True to Isprava’s design philosophy, the project will emphasise limited inventory, spacious layouts, privacy, and superior craftsmanship rather than scale.
Dhimaan Shah, Executive Director & Co-CEO, highlighted that the company intends to build a carefully curated number of thoughtfully designed homes, focusing on quality over quantity.
Backed by Prominent Investors
Isprava has received early backing from influential business families, including the Burman family of Dabur, Nadir Godrej, and the Anand Piramal family offices. The acquisition and development will be funded through the company’s investment vehicles, with the ₹85 crore outlay covering both land acquisition and construction costs.
South Goa: The Next Luxury Hotspot
South Goa has been experiencing steady growth in the super-premium housing market. This has been due to improved connectivity, infrastructure development, and the growing demand for wellness-oriented and peaceful environments from HNIs.
South Goa provides the following, unlike the party-driven destination that North Goa is:
* Lower density
* Cleaner and quieter surroundings
* Great appreciation potential
Developers are increasingly pivoting toward boutique and low-density luxury projects instead of large gated communities—a trend expected to shape the next phase of Goa’s second-home market.
India’s Growing Luxury Second-Home Market
The entry into South Goa is in sync with the overall trends in the country. The Indian luxury second-home market has been growing at a rapid rate in the past few years due to:
* Increasing wealth creation
* Increased flexibility due to the work-from-home culture
* Increasing preference for lifestyle investments
Wealthy individuals are actively investing in second homes in vacation spots such as Alibaug, Lonavala, Coorg, and the hill stations of Uttarakhand and Himachal Pradesh. These second homes are increasingly being looked at not only as a personal getaway but also as an income-generating asset through professionally managed rental schemes.
Looking Ahead
As South Goa positions itself as the next strategic luxury destination, developers like Isprava are moving early to shape its high-end residential landscape.
Runwal Enterprises’ Massive Rs 20,000 Crore Township in Alibaug: A Game-Changer for Coastal Real Estate
Runwal Enterprises has taken a bold step into large-format township development with the acquisition of 200 acres of prime land in Alibaug for an ambitious integrated township project with a gross development value (GDV) of around ₹20,000 crore. The project, announced in early 2026, reflects growing investor and developer confidence in Alibaug as a future residential and mixed-use hub near Mumbai.
A Visionary Township with Mixed-Use Potential
The Alibaug township would come up according to the Maharashtra Regional and Town Planning Act, which permits large contiguous areas to be developed into self-sustaining towns with internal infrastructure developed within them. The project would comprise a range of facilities such as residential and commercial areas, a five-star hotel, and a golf course.
The township would offer an estimated 20 million sq ft of development potential and would take around seven years to complete, allowing for phased launches of the project based on market needs.
Strategic Investment and Hybrid Land Deal Structure
While the GDV of the township is set at ₹20,000 crores, the investment planned by Runwal Enterprises amounts to ₹9,000 crores, which includes land acquisition costs and building costs. Even the land acquisition cost was designed on a hybrid model of advance payment and space-sharing with the landowner, a practice that is fast gaining traction for large land acquisitions to optimise capital and create win-win situations for landowners and developers.
Why Alibaug Is Gaining Attention
Originally known as a weekend holiday destination for affluent Mumbai residents, Alibaug has been steadily gaining traction among developers looking for large-scale opportunities outside urban cores. Improved connectivity — including better road links and enhanced ferry services — has reduced travel time from Mumbai and improved accessibility, making it attractive for both permanent living and mixed-use developments.
Trends Supporting Large Townships
Large township projects are increasingly favoured by developers because they allow for:
Diverse product mix (residential, retail, hospitality)
Phasing of development based on demand cycles
Regulatory certainty under specific planning enactments
Development of self-sustained townships with internal infrastructure
As developers look for markets outside the saturated core markets of Mumbai and Pune, the landscape of Alibaug is set for a transformation.
Looking Ahead
If the project comes off well, the Runwal Alibaug township could be the beginning of a new kind of development for the coastal areas near the larger metros, transforming them from merely seasonal getaway homes to vibrant new towns with immense growth and investment potential. Such large-scale development projects, if planned well and implemented over time, could be the new benchmark for the expansion of the real estate sector along the new growth corridors that India has to offer.
Capital Gains on Sale of Agricultural Land: Rural vs Urban Explained
When selling agricultural land in India, the tax treatment depends entirely on whether the land is classified as rural or urban under the Income Tax Act. Understanding this distinction can help you plan better and avoid unnecessary tax liabilities.
Sale of Rural Agricultural Land-Capital gain
Any profit earned from the sale of rural agricultural land is fully exempt from capital gains tax.
Since it is not treated as a capital asset, no capital gains arise on its transfer.
However, the exempt income must still be disclosed in your Income Tax Return (ITR). The income should be reported under Schedule EI (Exempt Income). Additionally, agricultural income is exempt under Section 10(1) of the Income Tax Act.
Sale of Urban Agricultural Land- Capital gain
- Short-Term Capital Gain (STCG)
The gain is classified as short-term and taxed as per the individual’s applicable income tax slab if the land is held for 2 years.
- Long-Term Capital Gain (LTCG)
If the land is held for more than 2 years, it qualifies as long-term capital gain:
Taxed at 20% with indexation benefit, or
Resident individuals may opt to pay tax at 12.5% without the indexation benefit, where applicable.
Exemption Under Section 54B
Taxpayers can claim exemption under Section 54B if:
The land was used for agricultural purposes by the taxpayer or their parents for at least two years immediately before the sale.
The capital gain is reinvested in purchasing another agricultural land within two years from the date of sale.
The amount must be deposited in the Capital Gains Account Scheme (CGAS) before the ITR filing deadline if the reinvestment is not immediately possible.
Example:
If agricultural land is sold for ₹25,20,000, resulting in a long-term capital gain of ₹8,40,000, and ₹5,00,000 is reinvested in another agricultural land, exemption will be allowed proportionately, and the remaining gain will be taxable.
Disclosure in ITR
Rural Agricultural Land: Report exempt income in Schedule EI.
Urban Agricultural Land: Report capital gains in Schedule CG. Exemptions under Sections 54B, 54EC, and 54F may be claimed if eligible.
TDS on Sale of Agricultural Land
Under Section 194IA, TDS at 1% applies to property transactions exceeding ₹50 lakh. However, this provision does not apply to agricultural land, even if the transaction value exceeds ₹50 lakh.
Conclusion
The rural or urban classification of agricultural land has a major effect on tax liability. Agricultural land in rural areas is completely exempt from capital gains tax, whereas agricultural land in urban areas is liable to tax with a possibility of exemption through reinvestment.
Buying land in Maharashtra can be confusing, especially when terms like Open Plot, NA Plot, Agricultural Land, and Non-Agricultural Land are used interchangeably.
- What is an Open Plot?
An Open Plot usually refers to agricultural land that has NOT yet been converted to NA (Non-Agricultural) status.
Open Plot = Agricultural Land
Legally, it is treated as agricultural land unless converted through NA permission.
Construction is NOT allowed
As per MLRC, you cannot build a house, shop, or commercial building on agricultural land without NA conversion.
Bank Loan is rarely available
Most banks do NOT give home loans, construction loans, or commercial loans on agricultural land.
Only farm loans may be available — but only if you are a certified farmer.
Cheaper Price
Since construction is not immediately allowed, prices are much lower than those of NA plots.
Future potential depends on NA conversion
If the government allows NA conversion later and the area develops, the land value increases.
Legal Risk if purchased for home
Buying agricultural land for living purposes is illegal unless NA conversion is done.
Open Plot = Just land. Construction is NOT legally allowed yet.
- What is an NA Plot (Non-Agricultural Plot)?
NA (Non-Agricultural) land is agricultural land that has officially been converted for non-farming use with government approval.
There are various types of NA:
NA – Residential
NA – Commercial
NA – Industrial
NA – Resort / Non-speculative / Mixed-use
Legal for construction
Once NA permission is granted, you can build a house, bungalow, shop, or commercial building, depending on the NA category.
Approval from the Gram Panchayat/Municipality
NA land comes with clear land-use permission & official sanction under MLRC Section 44.
Full eligibility for Bank Loan
Home loans, construction loans & commercial loans are available on NA plots.
Higher Cost
NA plots cost more because they:
have clear legal status
are construction-ready
have better infrastructure provisions
Safe for home buying
NA Residential plots are the safest option for building a house or bungalow.
NA Plot = Agricultural land legally converted to NON-agricultural use. Construction allowed.
Which Plot Should You Buy?
For Investment → Open Plot
Open plots appreciate more in developing areas.
Cheaper to buy + future NA conversion = high returns.
For Living / Construction → NA Plot
If you want to build:
House
Bungalow
Shop
Office
Commercial property
→ Only NA land is legal.
Most Common Misconceptions
Misconception: Open plots will automatically become NA in future
Reality: NA conversion is a government decision, not automatic.
Misconception: Gram Panchayat NOC = NA land
Reality: GP NOC alone does NOT make the land NA.
You need Collector NA approval under MLRC.
Misconception: You can construct “temporary” structures on open plots
Reality: Any construction on agricultural land is illegal without NA.
Summary
Open Plot = Agricultural Land (No construction allowed)
NA Plot = Legally approved Non-Agricultural Land (Construction allowed)
Open plots = Good for investment
NA plots = Best for home/commercial use
NA plots are safer, more expensive, and legally clear
Open plots are cheaper but riskier if used for living