Own an old bungalow, a family plot, a chawl or an industrial unit in Mumbai? The land under it is often worth far more than the structure on it. We help owners understand their land’s true development potential and choose the right way to unlock it.
Your options
- Outright sale: sell the land to a developer for a lump sum. Simple and quick, with no construction risk for you.
- Joint venture / joint development: give development rights to a developer in exchange for a share of the new flats or of the sale revenue. Usually a higher return, but over a longer period and with some project risk.
- A mix of both: part payment upfront plus a share of the constructed area.
What decides your land’s value
- Plot area and shape, road width and frontage
- Zoning and reservations in the Development Plan 2034
- Permissible FSI, including premium FSI, TDR and fungible area
- Tenure: freehold, leasehold or collector land, and any pending NOCs
- Existing tenants or occupants who must be rehabilitated
- Clear title: property card, 7/12 extracts and the chain of documents
How Mungekar Realty helps
- A feasibility report showing what your plot can build and what it is realistically worth
- A frank comparison of outright sale versus joint venture for your situation
- Discreet introductions to serious developers, without public listing
- Support through negotiation and closing, alongside your lawyer
Family-owned property? Many plots are held jointly by several family members or legal heirs. Getting everyone aligned early, and sorting out title, saves a lot of time later. We can help you plan that conversation.
Find out what your land can do
All enquiries are kept confidential. This page gives general information only; please take specific legal and tax advice before selling or developing property.