Purchase price per acre refers to the total cost paid to acquire one acre of land. It is a key figure in land valuation, investment analysis, and cost comparison.
- Standard unit for comparing land deals
- Helps assess value based on location and development status
- Used in budgeting and feasibility studies
Factors Influencing Price
The per-acre rate varies based on location, land type, infrastructure, and market demand.
- Urban or industrial zones have higher rates
- Accessibility to highways, utilities, and markets increases value
- Zoning, title clarity, and government policies also affect pricing
Estimated Range
In industrial areas, prices may vary widely depending on the region:
- Developed industrial zones: one crore to three crore per acre
- Emerging or semi-urban areas: fifty lakh to one crore per acre
- Remote or raw land: below fifty lakh per acre