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What are the most recent comparable sales (comps) in the area?

Sriperumbudur

This area continues to be a significant hub for industrial land transactions.

  • A 5-acre plot sold for ₹10 crore, translating to ₹459 per square foot.
  • Another 4-acre plot was listed at ₹1.75 crore, approximately ₹402 per square foot.

Ambattur

Known for its established industrial estates, Ambattur remains active in industrial land sales.

  • A 65,400 sq ft plot was listed at ₹48 crore, equating to ₹7,339 per square foot.
  • A 20,000 sq ft industrial building sold for ₹16.5 crore, approximately ₹8,594 per square foot.

Madhavaram

This northern Chennai locality has seen notable industrial land activity.

  • An 8,000 sq ft plot was listed at ₹3.5 crore, about ₹4,375 per square foot.
  • A 43,560 sq ft plot was available at ₹1.5 crore, roughly ₹344 per square foot.

Oragadam

As a growing industrial corridor, Oragadam has witnessed significant land deals.

  • A 68,820 sq ft plot was listed at ₹2.7 crore, approximately ₹392 per square foot.
  • A 160-acre parcel was available for ₹2 crore, indicating a large-scale industrial transaction.

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