Guide
Industrial plot buying checklist: 6 moves
Shortlist, visit, ask, read, compare, book. Six moves, in order.
Shortlist and visit
- Shortlist. Pick two or three parks on one road or belt. Ask for plot sizes, the road width, the road distance to your highway, and what is on site today.
- Visit. Bring your most important vehicle and one other person. Look at the gate and the main road, the surface and turns inside, the lighting, and the plot position on the layout. Stand on the plot, check its boundaries, and photograph it with the date.
Ask and read
- Ask. What is the exact area and where are the boundaries? What power load, from whom, and when? What is the payment plan?
- Read. Give copies of the approved plan and the sale papers to your own advisor. If anything is unclear, wait. A delay costs less than a dispute.
Compare and book
- Compare. For each park add the plot rate, registry and stamp duty, the power connection, a boundary wall and shed, and shifting. Compare totals, not headline rates.
- Book. Book in writing with the plot number, area, payment dates and papers. Keep every receipt. Visit twice, at different hours, before you decide.
If you are looking at Isapur Industrial Park
Plots run from 300 sq yards on the Hapur-Modinagar Road. See plot sizes and how buying works, the plot maps, how to choose an industrial plot and the questions and answers.