Chakan: Pune's Industrial Goldmine for Land Investment
Chakan, located about 30 km north of Pune city, has transformed from a quiet agricultural town into one of India's largest automobile manufacturing hubs. This makes agricultural land in Chakan an attractive investment option.
Why Invest in Chakan Agricultural Land?
- Industrial growth: Home to Volkswagen, Bajaj, Mercedes-Benz, and 200+ manufacturing units in Chakan MIDC.
- Affordable pricing: Agricultural land available at ₹20-50 lakh per acre — significantly cheaper than inner Pune.
- NH connectivity: Excellent access via NH-60 (Pune-Nashik Highway) and proximity to Mumbai-Pune Expressway.
- Appreciation potential: 12-18% annual appreciation as industrial expansion continues.
Agricultural land in Chakan is available at 1/10th the price of inner Pune areas, with 3-5x appreciation potential over 10 years.
Legal Requirements for Buying Agricultural Land
Who Can Buy?
In Maharashtra, only individuals with an agriculture income certificate can directly purchase agricultural land. However, recent relaxations allow:
- Agriculturists from any part of Maharashtra
- Non-agriculturists can apply for NA conversion after purchase (with proper approvals)
- Companies/trusts need special permission from the District Collector
Key Documents to Verify
- 7/12 Extract (Satbara Utara): The most important document — confirms ownership and land type.
- 8A Extract: Shows who the registered owner is in revenue records.
- Village Map (Gat Naqsha): Shows exact boundaries and survey number.
- NA Order (if converted): Non-Agricultural conversion certificate from the Collector's office.
Price Guide by Location
Prices vary significantly based on proximity to MIDC and NH-60:
- Near MIDC (0-5 km): ₹40-60 lakh/acre
- Middle belt (5-10 km): ₹20-40 lakh/acre
- Outer belt (10-15 km): ₹10-25 lakh/acre
PunePlotting offers verified agricultural land listings in Chakan with complete documentation support. Contact our team for site visits.