Recent Transactions in Nearby Industrial Zones
Recent comparable land sales (comps) in the vicinity reflect strong buyer interest in titled, infrastructure-ready parcels. As per market intelligence from local brokers and registration data (2023–2024):
- Plot in SIPCOT Industrial Estate, Oragadam
Size: 2.75 acres | Price: ₹8.25 crore
Rate: ₹3 crore per acre | Sale registered: September 2023 - Private land near Sriperumbudur-Hosur Road (converted to industrial)
Size: 5 acres | Price: ₹12 crore
Rate: ₹2.4 crore per acre | Sale registered: June 2023 - Industrial plot within Chakan Phase 2, Pune (MIDC)
Size: 3 acres | Price: ₹9.6 crore
Rate: ₹3.2 crore per acre | Sale registered: November 2023
These comps show a consistent pricing band for mid-sized, fully zoned industrial parcels within active corridors.
Comps Based on Plot Features and Location
Price variations in recent comps are largely driven by the following characteristics:
- Road frontage and connectivity to highways or arterial roads
- Service availability—plots with ready access to power, water, and drainage trade higher
- Zoning and title clarity—plots with industrial zoning and clear title command premiums
- Proximity to OEMs or logistics hubs—land near operational factories or warehouses sees higher demand
Plots closer to major junctions or entry gates of government parks typically sell at 10–15% higher per-acre rates.
Market Benchmarking for Current Buyers
For ongoing buyers and investors, these comps serve as a valuation benchmark to negotiate land purchases. As of early 2024:
- Standard industrial land in active corridors is trading at ₹2.5 to ₹4 crore per acre
- Converted agricultural land with basic road access ranges from ₹1.2 to ₹2 crore per acre
- Fully developed plots inside industrial estates may touch ₹4.5 crore per acre, especially in low-vacancy areas
These figures help assess fair market value and set expectations for both buyers and sellers in active industrial land markets.