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Kamshet- The Hottest Spot for Investors Seeking High ReturnsCommercial real estate is among the fastest-growing markets in India. Offices, retail stores, institutions, and industrial developments primarily fall under this umbrella. Commercial property is a property owned to generate income through business activities.
While many prefer developed structures, commercial plots have also been at the center stage due to higher appreciation and relatively lower investment costs than other asset types in commercial real estate.
However, being abreast of the nuances of buying commercial land is crucial to avoid administrative and legal hassles. From paperwork to zoning laws, there are various factors to look into. Let’s look at essential tips for buying commercial land in India.
Types of commercial property
Retail - Retail Shops, Stores, Malls
Industrial- Warehouse, Manufacturing Plants , Factories
Hospitality-Tourism Agencies, Motels, Hotels
Institutional- Schools and Colleges
Office Spaces- Corporate Offices
What’s to check before buying a commercial plot in India?
Review the Location
- Location Matters: The most critical factor in buying commercial land is its location. It should be easily accessible with good infrastructure. A prime location ensures higher demand and, in turn, leads to higher profits.
- Zoning System: Indian civic authorities use a zoning system based on Euclidean geometry to classify land for commercial purposes. They divide towns into districts with specific zones for different land uses, either permitted or prohibited.
- Integrated Zoning: As available land decreases, zoning becomes more integrated. This means that the planning of various zones becomes more coordinated to optimize land usage efficiently.
- Clearly Demarcated Commercial Zone: When buying commercial land, ensure it falls within a clearly marked commercial zone. This guarantees that the area is suitable for commercial activities and compliant with local regulations.
- Avoid Uncontrolled Development: Avoid land with uncontrolled development like unauthorized boundaries, fences, or incompatible structures within the permitted area. These issues may lead to legal and operational challenges later on.
- Types of Commercial Activities: Commercial land can be used for various purposes, including warehouses, offices, restaurants, shops, and industries. The proximity of one commercial zone to another depends on the type of activity and vehicular traffic.
Taxes and Returns
- Taxation of Rental Income: Rent received from any property, including commercial property, is taxed under the head 'income from house property' in India.
- Actual Rent or Reasonable Rent: The taxation is based on either the actual rent received from the property or the rent that can reasonably be expected from it, whichever is higher.
- Standard Deduction: A standard deduction of 30 percent is allowed on the rent received. This means you can deduct 30 percent of the rental income as an expense before calculating the taxable income.
- Deductions for Building Repairs and Renovations: You can claim deductions on the amount invested in building repairs and renovations for the commercial property.
- Interest on Loan: Under Section 24 of the Income Tax Act, you can claim the interest paid on the loan taken for the commercial property as a deduction. This includes processing fees and prepayment charges paid to the financial institution.
- Availability of Standard Deduction: The standard deduction of 30 percent is available even if the actual expenses on the property are higher or lower than that percentage. It simplifies the deduction process.
Check Documents
- Ownership Details: Review the property's registration papers to ascertain the number of owners. Knowing the ownership structure is essential to ensure a smooth and legitimate transaction.
- Seller's Right to Sell: Verify if the seller has the legal right to trade the commercial property. Confirm that they have the authority to sell the asset and that there are no disputes or legal issues surrounding the ownership.
- Existing Loans or Pledges: Check for existing loans or pledges against the land parcel. Knowing if the property has been used as collateral for any debts or financial commitments is crucial.
- Clearance of Outstanding Dues: If the land has been mortgaged in the past, ensure there are no outstanding dues related to the mortgage. The seller should clear any pending payments before the deal is finalized.
- Title Search: Conduct a thorough title search to verify the property's history and ensure no legal encumbrances, liens, or claims could affect your ownership rights.
- Encumbrance Certificate: Obtain an encumbrance certificate from the registrar's office to verify if there are any legal claims or liabilities on the property.
- Approved Land Usage: Ensure the land is categorized as a commercial plot in the official records and falls within the designated commercial zone.
- Pending Litigations: Check for any ongoing legal disputes or litigations related to the property. Purchasing a plot involved in legal battles can lead to future complications.
- Land Boundary and Area: Verify that the boundaries and area mentioned in the registry papers match the actual physical boundaries of the land.
- Property Tax Records: Review the property tax records to ensure the seller has paid the appropriate taxes for the commercial plot.
Hiranandani Group & Krisala Group Join Forces for 105 Acre Landmark Township in Pune
Global professional services firm Colliers India has successfully facilitated a major joint development deal in Pune between two leading real estate developers — Hiranandani Group and Krisala Group.
The land parcel, spanning 105 acres in North Hinjewadi, Pune, is owned by Hiranandani Group. Colliers India suggested that a joint development model would maximise results for both parties when the company was first being considered for sale. The team created a well-balanced joint development agreement for a mixed-use project that would benefit both developers by minimizing up-front expenses and optimising potential returns.
The project is especially appealing because of the land's advantageous location. Professionals and locals alike can easily access North Hinjewadi thanks to the expanding infrastructure connectivity between Mumbai and Pune. Pune has a lot of potential for residential and commercial development because of the city's growing urban demand and the fast growth of its IT hubs.
In order to meet the needs of the present market and changing lifestyle trends, the future mixed-use township is designed to have high-end residential apartments, shops, and contemporary conveniences. It is anticipated that the partnership between Hiranandani Group and Krisala Group will establish a standard for excellent, punctual, and carefully thought-out developments in the area.
Source: The Reality Today
Westcon of the Solitaire Group Pays ₹129 Crore to Purchase Almost 10 Acres in Wagholi, Pune
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
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
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:
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
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.