As India’s industrial corridors continue to expand under government initiatives like PM Gati Shakti and Dedicated Freight Corridors (DFCs), land speculation has surged around approved industrial corridor blueprints, with investors rushing to acquire strategic plots in anticipation of future infrastructure development and value appreciation. Locations around key projects such as the Delhi-Mumbai Industrial Corridor (DMIC), Chennai-Bengaluru Industrial Corridor (CBIC), and Amritsar-Kolkata Industrial Corridor (AKIC) are seeing rising land prices as speculation grows in these pre-designated zones that are expected to be transformed into manufacturing hubs, logistics parks, and multimodal transportation hubs.
Regions like Dholera (Gujarat), Sanand (Gujarat), Oragadam (Tamil Nadu), and Kakinada (Andhra Pradesh) have emerged as hotspots for this activity, with investors snapping up land parcels in areas adjacent to the planned corridors. The approval of corridor projects, which include improved connectivity, freight facilities, tax incentives, and industrial park developments, is driving demand for land even before full infrastructure construction begins. As a result, speculators are betting on significant price increases in the coming years as these zones become operational and attract industrial developers, manufacturers, and global supply chain operators.
However, this rise in land speculation brings both opportunities and challenges. While the expected land value appreciation is attracting capital and supporting early-stage infrastructure development, the increase in land prices can also pose challenges for developers, especially small and medium enterprises (SMEs) looking to set up operations. Balancing speculation with strategic, long-term industrial growth is crucial to ensuring that these emerging industrial corridors foster sustainable and inclusive economic development. As these zones evolve, they will likely become key drivers of India’s manufacturing-led economic growth and global competitiveness.