Industrial Projects require extensive land inspections for selecting the perfect property. Choosing the right land for your industrial project is a crucial decision and can significantly impact the success and operational efficiency of your business.
If you are looking for the right industrial plot for sale in Kolkata, this article can be your best guide. Continue reading to understand which type of land is most suitable for setting up your industries.
Different Types of Lands Chosen for Industries
Diverse types of industrial lands are chosen for setting up factories, fulfilment centres, warehouses and corporate establishments. Here are the following types of industrial lands that are mainly chosen:
Industrial Zones or Estates
Areas or plots specifically designated by the Government or local authorities are known as industrial zones or estates. These types of lands are best suited for manufacturing, textile and electronics industries.
Urban Industrial Land
Lands located within or near cities are known as urban industrial lands. The primary advantages of these lands involve better transportation facilities and close proximity to labor markets and commercial areas.
Kolkata commercial properties, which are primarily urban industrial lands, are suitable for setting up food processing industries, small manufacturing industries, and IT or Data Research Centres.
Rural or Semi-urban Land
Lands situated on the outskirts of a city are often referred to as rural or semi-urban areas. Generally, agro-based industries and small-scale manufacturing companies set up their factories in rural or semi-urban areas. Primary advantages include better availability of raw materials and comparatively lower land costs than urban plots.
Mineral Rich Land
Mineral-rich lands are primarily located near the natural resource deposits. Such properties are mainly selected by industries such as mining, steel, metal processing, and cement manufacturing. Better access to natural resources helps such industries acquire operational flexibility.
Riverine or Wetland Areas
Water-intensive industries mainly choose lands available near rivers or wetland areas. For instance, many sugar mills, as well as paper and textile mills, which require a significant amount of water, choose certain industrial plots for their operations.
Factors to Consider Before Investing in Industrial Plots
Before investing in an industrial plot for sale in Kolkata, consider several key factors that can influence your decision. Here are the following factors that are essential for selecting the most suitable property:
Location
Select a location that has easy access to major transportation networks and commercial hubs. Close proximity to highways, ports and railways will assist you with flexible logistics.
Size and Shape of the Land
Ensure that your industrial land is sufficiently large to accommodate your production and other industrial needs, without encroaching on boundaries with residential or commercial areas. Also, evaluate the shape to determine if it would be suitable for constructing the type of industrial buildings you require.
Existing Legal Regulations
Following existing legal regulations surrounding a particular plot is necessary to establish your industrial operations ethically. It is wise to complete the required legal formalities and avoid selecting properties that are already subject to a legal dispute.
Workforce Availability
Before selecting a Kolkata-based commercial property, ensure that a suitable workforce is available. In the event of labour scarcity, high labour costs can arise, along with the possibility of operational hindrance.
Market Proximity
Having market and supplier proximity is highly essential for ensuring flexible logistics from the industries and vice versa. Both market and supplier proximity can streamline your supply chain and minimise lead times of raw materials and components.
Political and Societal Involvement
Apart from considering the topography and market presence, the political and societal involvement surrounding the industrial plots should also be taken into account. Prior considerations can help your business forecast and prevent labour unrest and potential strikes.
Benefits of Developing or Investing in Industrial Land
Many investors often wonder whether investing in industrial land will be worthwhile. That’s why we have jotted down the following benefits that you can acquire from investing in an industrial land:
-
- Meet the rising demands: The growth of the manufacturing and e-commerce sectors has increased the demand for warehouses, making investing in an industrial plot beneficial.
- Better Returns: Investing in an industrial property often yields better results in the long run, compared to residential and commercial property.
- Safety during Economic Downturns: Businesses would still require warehouses and fulfilment centres, even during economic downturns.
Conclusion
Proper investment in an industrial plot can provide a company with a stable rate of return. The most suitable land would depend on the purpose and type of your business. If a particular type of land meets the resource, transportation and targets of an industry, then it is the most suitable.
At Ganesh Complex, we offer industrial and commercial plots in Kolkata for multiple business purposes. Connect With Us Now for all your industrial and plot-related queries.
