The case, the risks, the exit — and how to buy from anywhere in the world.
Rivershore is a long-hold land investment: Godrej-branded, MahaRERA-registered plots next to Samruddhi Circle on the Samruddhi–MIHAN corridor, suited to a 4–7 year horizon. It is not a quick flip, and no returns are guaranteed.
Resale before possession is allowed after you've paid 50% of the price or 12 months from allotment (whichever is earlier), with Godrej's written approval and a transfer fee of ₹100/sq ft + GST.
Tax (residents): land held over 24 months → 12.5% long-term capital gains without indexation; sections 54EC/54F may exempt reinvested gains. NRIs: the buyer deducts TDS; repatriation within RBI limits. Consult your CA.
| Factor | Rivershore | Manish Nagar / Besa / Beltarodi |
|---|---|---|
| Stage | Emerging corridor | Established / developing |
| Product | Plot in a branded township | Mostly flats; local developers |
| Day-one living | Limited today | Good |
| Planning | Godrej master plan, STPs, underground power | Varies by project |
| Best for | 4–7 yr hold; home-builders who can wait | Move-in now |
The whole purchase can be remote: video tour, WhatsApp documents, payment guidance, and registration timed to your trip or done by POA.
Gulf · USA/Canada · UK/Europe · Singapore/Australia
Buy without RBI approval under FEMA (not agricultural land/farmhouses). Pay via NRE, NRO or FCNR(B), or inward remittance; PAN required. Sign by POA — attested at an Indian mission or apostilled, then adjudicated in India within 3 months. Live video tours scheduled in your time zone.
Working in Mumbai, Pune, Bengaluru, Hyderabad, NCR
Own land in your hometown now; build when you move back or retire. Parents or family can attend the visit and complete paperwork via POA — the most common reason Tier-1 professionals buy here.
~8 h by Samruddhi · ~1.5 h by flight
The same expressway that begins at Mumbai's edge ends next to this project. Own land outright in a Godrej layout, instead of paying Mumbai prices for carpet area.
~1.5 h by direct flight
For roughly what a compact flat costs in many Pune suburbs, own a branded plot — a flat at home, land in a second growth city.
~2 h by direct flight
Branded land at a fraction of Bengaluru plot prices. Godrej brand and MahaRERA registration answer the trust question from 1,000 km away.
NH-44 corridor · ~1.25 h by flight
A familiar pattern: branded plotted townships along a new expressway, near an SEZ and airport.
Chandrapur · Wardha · Amravati · Akola · Yavatmal · Gondia · Bhandara
A Godrej address in your divisional capital, 1.5–4 hours away — closer via Samruddhi from Wardha and Amravati.
See the site and your exact plot on a video call, in your time zone.
Book a video tour
Investing, resale & NRI
It suits a 4–7 year land hold: branded, RERA-registered plots next to Samruddhi Circle on the Samruddhi–MIHAN corridor. The main risks are an early-stage micro-market, possession at end-2029 and no rental income before you build. No returns are guaranteed.
Yes, after paying 50% of the price or 12 months from allotment (whichever is earlier), with Godrej's written approval and a transfer fee of ₹100 per sq ft plus GST.
Yes. Under FEMA, NRIs and OCI cardholders can buy residential plots in India without RBI approval (not agricultural land or farmhouses). Payment must be through an NRE/NRO/FCNR(B) account or inward remittance, a PAN is required, and you can sign through a registered power of attorney.
Under current rules, land held for more than 24 months attracts 12.5% long-term capital gains tax without indexation; exemptions under sections 54EC and 54F may apply. Consult your CA.
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