Indian Institute of Management Ahmedabad launches Agri Land Price Index.

June 4, 2022

The Indian Institute of Management Ahmedabad (IIMA), in collaboration with agri-land marketplace SFarmsIndia has launched IIMA-SFarmsIndia Agri Land Price Index (ISALPI), which will record and present ‘quality controlled’ data of prices of agricultural land across the country.
This index is important in terms of benchmarking land prices in rural and semi-urban areas. In such a case, the index will serve as a reliable source that will signal potential conversion of agricultural land into real estate.
With ISALPI, better data sources for all stakeholders to be able to take informed decisions at national as well as regional levels and support the agribusiness activities.”
Unlike financial assets, developing an index for land parcels is a complex task because of visible price differences in different listings caused by a slew of factors including the market wide supply-demand factors.
Currently ISALPI is based on land listing data from six states – Andhra Pradesh, Karnataka, Maharashtra, Tamil Nadu, Telangana, and Uttar Pradesh.