The state government has revised its land guidance value formula to incorporate industrial safety standards and regulatory compliance status for all industrial plots. Under the new model, plots that meet prescribed safety norms—such as fire safety, building stability, and worker protection measures—will receive higher guidance valuations. Conversely, plots lacking these approvals or operating in violation of the Factory Act and environmental laws may face downward adjustments. This revision ensures that land valuations reflect not only physical attributes but also operational readiness and regulatory risk. The goal is to create a more realistic and responsible framework for industrial land pricing.

The updated guidance formula includes weightages for certified safety measures, verified zoning permissions, pollution control compliance, and proper infrastructure facilities. Landowners and developers are now incentivized to achieve full regulatory and safety certifications early to maximize their land’s assessed value. For buyers, the revision offers a clearer understanding of the development readiness and operational viability of a site. Financial institutions are also expected to align their lending decisions more closely with compliance-verified land parcels. This reform promotes a healthier investment ecosystem by linking land value with sustainable industrial practices and governance standards.

This move represents a major shift toward compliance-driven industrial development strategies, ensuring that regulatory discipline translates into tangible market advantages. Authorities believe that such structured valuation models will reduce disputes, improve project feasibility assessments, and accelerate industrial park occupancy rates. It also positions the state as a leader in promoting safer, environmentally conscious industrialization practices. Over time, regions with strong compliance records are expected to attract better-quality investments and global supply chain partnerships. Embedding safety and regulatory metrics into land guidance frameworks sets a new benchmark for sustainable industrial real estate management.