Developed by Highland Lifespaces, this 100+ acre industrial park in the Derabassi–Lalru belt is GMADA and RERA approved. Designed as a Red‑Zone industrial hub, it caters to sectors like steel, chemicals, automotive, pharmaceuticals, electronics, food processing, and more.
With customizable sheds, world-class infrastructure, and eco‑friendly amenities, HIC offers a ready-to-use platform for SMEs and MSMEs.
Plot Prices & Rental Rates
Industrial Plots
- According to Highland’s brochure, base sale rates range from ₹13,500 to ₹15,000 per sq yd, plus PLCs (Preferential Location Charges) and IFMS (₹100/sq yd).
- Third-party listings:
- 1,000 sq yd industrial plot → approximately ₹1.35 Cr (~₹13,500 per sq yd) .
- 2,000 sq yd plot → around ₹2.7 Cr (~₹13,500 per sq yd).
- 6 acres (~2.7 L sq yd) → ₹8.1 Cr (₹13.5 L per acre), translating to ~₹3,370 per sq yd—appears discounted.
- These data points align with Highland’s advertised pricing, with premiums for prime spots.
Rental Example
- A 2,000 sq ft (≈222 sq yd) industrial warehouse space in Lalru rents for ₹20,000/month (~₹90/sq yd/month).
- Industrial rent tends to be lower than residential, making establishment cost-effective initially.
Connectivity & Location Benefits
- Situated along NH‑44 (Chandigarh–Delhi highway) with upcoming PR12 road boosting access.
- Proximity to rail lines, with easy access to Chandigarh Airport (~20 km) and rail junction (~6 km) .
- Near emerging industrial estates and major players like Mahindra, Oriental, etc. .
- Strong road connectivity to Chandigarh, Mohali, Zirakpur, Derabassi, and farther to Haryana, Himachal Pradesh, UP, Uttarakhand.
Why Prices Are Poised to Appreciate
- Industrial corridor in boom mode: The Derabassi–Lalru belt is actively being promoted by the Punjab government as a priority industrial zone.
- Infrastructure-led growth: Roads (NH‑44, PR12), utilities, and airport/rail connectivity will significantly reduce logistics costs.
- Built‑to‑suit offerings: Custom sheds ready for fast occupancy accelerate business launch timelines.
- Rising demand in industrial clusters: Several industrial estates nearby ensure a reinforcing ecosystem.
- Land scarcity: As major players occupy plots, supply tightens—driving prices up.
Insights and nearby regions signal robust demand and a likely 5–30% price appreciation over the coming years.
Recap Table
| Parameter | Details |
|---|---|
| Plot Price | ₹13,500–15,000/sq yd (+PLC/IFMS) |
| 1,000 sq yd Plot Cost | ~₹1.35 Cr |
| Warehouse Rent | ₹20k/month for 2,000 sq ft (~₹90/sq yd/month) |
| Connectivity | NH‑44 access, PR12 upcoming, close to rail, airport (~20 km) |
| Appreciation Outlook | 5–30% increase likely over next 3–5 years in strategic corridor |
Conclusion
Highland Industrial City offers a compelling mix of strategic location, modern infrastructure, and competitive pricing. The availability of customizable industrial sheds means businesses can start quickly, while strong connectivity ensures efficient operations.
With land scarcity and infrastructure growth in play—and rising demand across the industrial corridor—there’s a solid chance for healthy appreciation in plot values and rental income going forward.
If you’re evaluating industrial investment or expansion near Chandigarh, Highland Industrial City in Lalru deserves serious consideration.
DISCLAIMER: This Blog is for informational purposes only and should not be construed as investment advice. Please invest based on your risk profile
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