For years, Mumbai’s real estate dream came packaged in concrete.
But increasingly, home buyers are beginning to ask different questions. Is the value of their investments actually appreciating ? Sadly, thanks to oversupply, the market is already overvalued. Rental yields are abysmal. And what value are fancy apartments when the AQI is 150 and traffic snarls a daily struggle.
Why buy an apartment that will probably depreciate,when you can own appreciating land?
An apartment starts ageing the day possession begins. Buildings depreciate. Maintenance costs rise. Supply keeps increasing.
Land behaves differently.
It is finite. It cannot be recreated. And historically, it has benefited the most from infrastructure growth, expanding city boundaries and changing lifestyle aspirations.
That shift is now becoming impossible to ignore.
Across India, plotted developments and branded land communities have emerged as one of the fastest-growing segments in real estate. According to industry reports, over 4.7 lakh residential plots worth nearly ₹2.44 lakh crore have been launched in recent years, with demand accelerating sharply post-pandemic.
What is especially interesting is who is driving this demand.
Not just Tier-2 investors.
But increasingly, affluent buyers from Mumbai.
As apartment prices in the city continue climbing, investors are looking toward land parcels and farmhouse communities within driving distance of Mumbai — regions benefiting from infrastructure expansion, improved highways and the city’s inevitable outward growth.
Even some of India’s largest developers are aggressively betting on land. The House of Abhinandan Lodha has announced plans to invest over ₹11,000 crore toward acquiring and developing land parcels across India.
Abhinandan Lodha himself perhaps put it best when he said:
“Land in India held properly with clear possession, clear title and clear goals for a long period of time is the best bet.”
His company has already launched plotted developments across more than 1,000 acres and continues to aggressively acquire land across multiple cities. And the reason is simple.
The economics of land are compelling.
According to ANAROCK, plotted developments in growth corridors are capable of generating significantly higher long-term appreciation compared to conventional apartments. Unlike apartments, land carries no structural depreciation, lower maintenance liabilities and greater flexibility for future use.
But perhaps the biggest shift is emotional.
Post-pandemic, people no longer want only square footage. They want open skies. Trees. Cleaner air. Slower mornings. A place that feels connected to nature without being disconnected from the city.
Which is why nature-led communities around Mumbai are attracting a very different kind of buyer today — entrepreneurs, founders, CXOs and professionals who see land not merely as a transaction, but as legacy. At Forest by the Hills, that belief sits at the centre of the community.
Little wonder that there is 186 % ROI for phase 1 investors in FBH. This trend will only accelerate because the sentiment to escape the city is only growing. The interesting bit is that most of our community is concerned less about ROI but more about building and living here.
Because apartments may serve a lifestyle for today.
But land has a way of quietly building wealth for tomorrow.