Why NRIs Are Investing in Plots Like Never Before

Read Time:-3 Min

In the last few years, more and more Non-Resident Indians (NRIs) have started investing in plots and residential land in India. This trend has grown stronger in 2025–2026 because NRIs now see land as a safe, flexible, and high-return investment that also keeps them connected to their roots.

  1. Land Gives High Returns With Almost No Maintenance

Land grows in value

Plots in developing suburbs and fast-growing towns appreciate much faster than many other types of real estate. Land is often called “smarter gold” because it generally increases in value over time.

​No maintenance worries

​Unlike apartments that require repairs, painting, and association fees, plots do not need maintenance. This makes them perfect for NRIs who live abroad and cannot inspect properties often.

Freedom and flexibility

With a plot, NRIs can:

Build a home later

Hold it as a long-term investment

Sell it when prices rise

This flexibility is one of the biggest reasons for choosing land over apartments.

  1. Better Safety & Transparency With RERA

RERA has made buying property in India much safer.

NRIs prefer plots because:

RERA ensures clear titles

Developers must follow strict guidelines

There is more transparency in pricing and documents

Many developers now offer gated plotted communities with:

Roads

Water and electricity connections

Security

Parks and clubhouses

This reduces the risk of buying disputed or unsafe land.

  1. Strong Financial Advantages for NRIs

More purchasing power

Because the Indian Rupee (INR) is often weaker than currencies like USD, GBP, and AED, NRIs get more value for their money. A plot that seems expensive in India becomes affordable when converted from foreign income.

Easy NRI home loans

Banks offer loans for plot purchases, and NRIs can repay them from NRE/NRO accounts.

Tax benefits

NRIs investing in plots with construction plans can claim tax deductions:

Section 80C (principal repayment)

Section 24 (interest deduction)

This makes it financially smart to buy land in India.

  1. Emotional Connection & Future Planning

Many NRIs invest in land because India is still home at heart.

Reasons include:

Staying connected to their birthplace

Planning to build a home for retirement

Owning a vacation home for family visits

Leaving behind an asset for children

A plot feels like a long-term, secure legacy.

  1. Massive Infrastructure Growth in India

Cities in India are expanding fast because of:

New highways

Metro routes

Ring roads

IT parks

Industrial zones

This makes peripheral plots very valuable.

Popular NRI hotspots include:

Bengaluru (Devanahalli, Hoskote)

Chennai (Thirumazhisai, Guduvancheri)

Pune (Hinjewadi, Wagholi, Talegaon)

Hyderabad (Shankarpalli, Pharmacity belt)

As these areas develop, land prices rise quickly — attracting more NRI investors.

  1. Hassle-Free Buying With Digital Tools

Buying property from abroad has become easy.

NRIs can now:

Take virtual site tours

Sign documents digitally

Transfer money through online banking

Get verified layouts and documents via email

Also, NRIs can appoint a Power of Attorney (PoA) to complete registration without being present in India.

Important Note for NRIs

NRIs cannot buy:

Agricultural land

Plantation land

Farmhouses

unless they have special approval from the Reserve Bank of India (RBI).

NRIs can freely buy:

Residential plots

Non-agricultural land

Plotted developments

Conclusion

NRIs are investing in plots in India because land offers:

Higher appreciation

Low maintenance

Better transparency

Strong financial benefits

Emotional security

Great future potential

With improved regulations and digital processes, buying land in India has become safer, easier, and more rewarding than ever.



Westcon of the Solitaire Group Pays ₹129 Crore to Purchase Almost 10 Acres in Wagholi, Pune

Read Time:-3 Min

Westcon Spaces Pvt. Ltd., a division of Solitaire Group, has paid more than ₹129 crore for nearly 10 acres (roughly 4 hectares) of land in Wagholi. The acquisition was completed through four separate transactions on February 6, 2025.   A 4-acre plot was bought for ₹40 crore, and the largest parcel, which was about 5 acres, was bought for ₹50 crore.  For ₹28 crore and ₹11 crore, respectively, two smaller parcels of 0.5 acres were purchased.  The premium nature of the location was demonstrated by the several crores in stamp duty payments for all four transactions. 

Why Wagholi?

Situated in Pune's quickly expanding northeastern corridor, Wagholi has become a popular residential and business area.  Both developers and homebuyers find it appealing due to its close proximity to the Kharadi IT hub, enhanced infrastructure, and improved connectivity.

 Significant urban development is taking place in the area, and a number of real estate companies are making large investments to capitalise on the potential for future growth. 

This purchase is indicative of a larger pattern of aggressive land banking by leading developers in India's largest cities.  More than 2,000 acres were covered by land deals in the top eight urban markets in 2024, up 47% year over year, according to CBRE India.  Pune continues to be one of the busiest real estate markets due to migration inflows, infrastructure improvements, and IT-led jobs. 

Strategic Move for Solitaire Group

Solitaire Group made a calculated decision to expand the scope of its Pune project portfolio by purchasing the Wagholi land.   The large plot of land can accommodate large-scale mixed-use, residential, or commercial projects that would help the organisation achieve its expansion objectives and increase its exposure in high-potential locations. 

With this acquisition, the developer is well-positioned to meet the rising demand for quality housing and integrated living spaces in one of Pune’s fastest-evolving neighbourhoods.

Source:Hindustan Times




Maharashtra Makes Tentative Layout Approval Mandatory Before Land Measurement

Read Time:-3 Min

Pune: The Maharashtra government has made tentative layout approval mandatory prior to any land measurement, which is a major policy change intended to increase transparency and regulation in land transactions.

Implemented by the state's Land Records Department under the direction of Dr. Suhas Diwase, Settlement Commissioner and Director of Land Records, the decision aims to stop unlawful land division, stop unapproved construction, and shield purchasers from deceptive transactions. 

The New Process

Any developer or individual requesting land measurement under the updated system must first provide the appropriate authority with a draft layout plan.  The proposed division of land, roads, and open spaces will be shown in this plan.

 The Land Records Department will complete the required measurement work after receiving the preliminary layout.

 After that, the information will be sent to the local planning authority for review and approval.

 The revised and approved layout will be entered into the official land records following approval. 

This step ensures that no land measurement happens without proper planning permissions, reducing disputes and ensuring that layouts comply with development regulations.

Legal and Planning Framework

It also supports government objectives such as reserving 20% of plots (in layouts over 4 hectares) for low- and very low-income groups, thereby promoting affordable housing.

Benefits of the Rule

Transparency: Buyers can be assured that the land they are purchasing is measured and approved in accordance with legal norms.

Prevention of Fraud: Reduces the chances of illegal plotting or sale of unapproved land.

Clear Demarcation: Accurate measurements prevent future boundary disputes.

Urban Planning Compliance: Ensures layouts meet infrastructure, open space, and road requirements.

Source: Punekar News




Tips to Maximize Value When Selling Your Plot

Read Time:-3 Min

Selling a plot of land can be highly profitable—if done right. Whether you're an investor or an individual owner, these tips will help you get the best value from your land sale:

  1. Know Your Buyer

Understand who your ideal buyer is—developers, end users, or investors. Tailoring your marketing strategy to match their expectations which will make a huge difference in closing the deal.

  1. Improve the Visual Appeal

A clean, well-maintained plot creates a positive first impression. Clear debris, trim overgrowth, and, if possible, landscape the area. Even minor improvements can boost perceived value.

  1. Ensure Accessibility and Utility Readiness

Buyers prefer land with proper road access and available utilities. If your plot lacks these, mention possibilities for easy connections or adjust pricing accordingly.

  1. Highlight Development Potential

Mention if the plot is zoned for residential, commercial, or industrial use—or if rezoning is possible. Development potential adds investment appeal.

  1. Set the Right Price

Compare recent sales in your locality to price your land competitively. Avoid overpricing or undervaluing—both can push away serious buyers.

  1. Market Smartly

Use high-quality photos, drone shots if possible, and clear descriptions across real estate platforms and social media. Visibility and clarity attract more genuine interest.

  1. Take Expert Help

A real estate agent with land sale experience will advise you on pricing, negotiating, and documents. Their network will introduce you to the best buyers in record time.

Conclusion

Getting maximum value for your land is a matter of getting it in position, showing it off, and pricing it tactically. The effort you make will pay great dividends in acquiring the best value.




From Site Visit to Sale Deed: What to Expect When Buying a Plot

Read Time:-3 Min

Buying a plot of land is a big decision—whether it’s for building your dream home or making a smart investment. But for many, the process can seem confusing. That’s why we’ve created this simple guide to take you through every step—from your first site visit to the final registration of your sale deed.

Step 1: Do Your Research

Start with choosing the right place in Pune. Look for Bhor, Kamshet, or Mulshi, which have good roads, schools, hospitals, and a scope for development. Also, decide on your budget, including hidden costs like stamp duty and registration charges.

Step 2: Site Visit

After shortlisting a couple of choices, visit the plot in person. Observe the area around the road connectivity and ensure that the actual boundaries are the same as on paper. Take photographs or videos so that you can decide later.

Step 3: Legal Checks

This is a very important step. Make sure the seller actually owns the land and that there are no legal problems, like loans or disputes. You should:

Ask for the Encumbrance Certificate (shows if the land has loans or claims)

Check the title documents to confirm legal ownership

Make sure the land use is approved (residential, commercial, etc.)

Step 4: Sign the Agreement to Sell

Once you’re sure everything is clear, the seller will prepare a document called the Agreement to Sell. This paper includes the price, payment schedule, and other terms. You usually pay a token amount (advance) at this stage.

Step 5: Register the Sale Deed

The Sale Deed, the final document that transfers ownership to you. It must be registered at the sub-registrar’s office. To do this, you’ll need:

The signed sale deed

Identity proof (Aadhaar, PAN)

Passport-size photos

Property tax receipts

Encumbrance certificate

You also need to pay stamp duty and registration fees, which vary by state.

Step 6: After Registration

Once registered, update land records (mutation) with your name. After that, you officially own the plot and can begin construction or development.

Secure Your Investment with Genuine Plots 

Your trusted partner in plot investments across Pune. From circle rate analysis to ROI calculation, buying, selling, loan guidance, and agri-certificate application, Genuine Plots supports you at every step. 




Tips to Maximize Value When Selling Your Plot

Read Time:-3 Min

Selling a plot of land can be highly profitable—if done right. Whether you're an investor or an individual owner, these tips will help you get the best value from your land sale:

  1. Know Your Buyer

Understand who your ideal buyer is—developers, end users, or investors. Tailoring your marketing strategy to match their expectations which will make a huge difference in closing the deal.

  1. Improve the Visual Appeal

A clean, well-maintained plot creates a positive first impression. Clear debris, trim overgrowth, and, if possible, landscape the area. Even minor improvements can boost perceived value.

  1. Ensure Accessibility and Utility Readiness

Buyers prefer land with proper road access and available utilities. If your plot lacks these, mention possibilities for easy connections or adjust pricing accordingly.

  1. Highlight Development Potential

Mention if the plot is zoned for residential, commercial, or industrial use—or if rezoning is possible. Development potential adds investment appeal.

  1. Set the Right Price

Compare recent sales in your locality to price your land competitively. Avoid overpricing or undervaluing—both can push away serious buyers.

  1. Market Smartly

Use high-quality photos, drone shots if possible, and clear descriptions across real estate platforms and social media. Visibility and clarity attract more genuine interest.

  1. Take Expert Help

A real estate agent with land sale experience will advise you on pricing, negotiating, and documents. Their network will introduce you to the best buyers in record time.

Conclusion

Getting maximum value for your land is a matter of getting it in position, showing it off, and pricing it tactically. The effort you make will pay great dividends in acquiring the best value.




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