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What is the value of agricultural land in Punjab these days?


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9 hours ago, californiasardar1 said:

I haven't been to Punjab in more than a decade and I don't know much about the value of agricultural land these days.

Can somebody give me a ballpark estimate of the value of agricultural land per acre?

Thanks.

It varies. For example, some districts have more expensive land due to better quality soil while others are cheaper.  

 

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1 hour ago, LifeIsBeautiful said:

I would say if you have more information, how many acres, what district it is in.

 

Is it on a main road, anything nearby that is commercial.

 

It can definitely change in value, like it can be even worth crores if it's on a main road, ect.

 

Thanks. I'm wondering about agricultural land in Moga district right along the GT road.

I know it hard to give an accurate assessment with limited information,  but even a very general range would be helpful.

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20 hours ago, californiasardar1 said:

I haven't been to Punjab in more than a decade and I don't know much about the value of agricultural land these days.

Can somebody give me a ballpark estimate of the value of agricultural land per acre?

Thanks.

Are you thinking of selling family land? Or buying?

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2 hours ago, LifeIsBeautiful said:

20 to 35 lakh. Depends if it's on a main road or not.

Could be worth 1 crore or more easily if it's on a main road.

 

I would advise going to a property dealer yourself, have a local ask and they will give you a fair idea.

 

Yeah, I will have to do all that, of course. I'm just hoping to get a general idea so I know what I'm dealing with and what is at stake.

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