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New Bill Mandates Pre-Guidance Compliance Approval for Industrial Sites

A newly introduced bill mandates that industrial sites must obtain pre-guidance compliance approval before their land values are officially set and published. This means that before assigning guidance values, authorities must verify whether the plot meets essential compliance criteria, including zoning regulations, environmental clearances, and basic infrastructure readiness. The move is intended to ensure that guidance rates reflect the true usability and regulatory standing of industrial land parcels. It addresses longstanding issues where non-compliant plots were priced on par with fully operational, compliant sites. Investors are expected to benefit through clearer risk assessment and more trustworthy land valuations.

Under the new bill, a standardized checklist will be used to certify compliance before guidance valuations are finalized. If a plot fails to meet basic industrial norms, it will either be assigned a lower provisional guidance rate or withheld from official listing until rectified. This mechanism aims to discourage speculative landholding without development or legal clearances. Authorities hope it will foster early-stage due diligence among developers and landowners, pushing them to secure necessary approvals proactively. Land that meets all regulatory benchmarks will enjoy smoother transactions, easier financing options, and stronger investor interest.

The bill marks a significant shift toward compliance-first land valuation practices in industrial real estate markets. It aligns financial incentives with responsible development behavior, promoting sustainable growth across industrial corridors. Governments aim to create more resilient, investment-ready zones by ensuring that valuation processes are deeply rooted in regulatory discipline. Developers who adapt quickly to these compliance requirements will gain a competitive advantage, securing higher valuations and faster asset turnover. Over time, this reform is expected to lead to cleaner, faster, and more transparent industrial land markets, helping drive long-term economic expansion.

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