Land, as a gift of nature remains most valuable. Providing platform for all human activities, land always remain in demand. Increasing number of human beings, getting concentrated in small area, makes land most valuable. Options which are being used to leverage land for generating wealth, has made land as a commodity, which is being traded to generate maximum profit and revenue. All parastatal agencies and all urban local bodies are looking land as a goldmine for providing maximum wealth for the city. Speculation, holding land as investment is gaining currency. Land is being manipulated, used , abused at various levels for investing/generating large amount of black/unaccounted money. Land has emerged as the most preferred agenda for power to be as a medium of corruption. Large syndicates are emerging in metro cities which are dealing in land purely for speculative purposes. Looking at the limited availability of land and its numerous applications in the urban and rural context, land needs to be respected and valued not as a commodity but as a gift of nature, to be preserved, conserved, protected and promoted by making value addition to promote larger public interest and not the personal interest. Issue assumes importance for land stressed country like , India which has only 2.4% global land holding 17.6% of global land. India will do well to evolve a policy option which does not allow land to be traded as a commodity.