
Talegaon Chakan Shikrapur Corridor Preview
Try the Talegaon Chakan Shikrapur Corridor – NH-548D & MIDC Land Guide on the map
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Talegaon Chakan Shikrapur Corridor Preview
Try the Talegaon Chakan Shikrapur Corridor – NH-548D & MIDC Land Guide on the map
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The Talegaon Chakan Shikrapur corridor land investment case became concrete when the Maharashtra Cabinet gave administrative approval in April 2025 for a Rs 3,923.89 crore highway project (excluding GST and minor mineral charges; full DPR estimate is approximately Rs 6,499 crore) on NH-548D. MSIDC is executing the 53.2 km route on a build-operate-transfer model: a four-lane elevated road from Talegaon to Chakan and a six-lane at-grade widening from Chakan to Shikrapur. The corridor connects NH-48 (Mumbai-Pune Highway) to NH-753 (Pune-Sambhajinagar Highway), bypassing Pune city entirely.
Land Acquisition Along NH-548D and the PMRDA Zone Trap Buyers Miss at Ranjangaon
The MSIDC DPR, as handed over by NHAI, specifies 38.79 hectares of land to be acquired across the 53.2 km corridor. That number is specific, and it is not yet matched to publicly disclosed village-level notification maps. Any plot directly abutting the existing two-lane NH-548D alignment between Talegaon and Shikrapur sits inside a potential acquisition footprint until MSIDC publishes its Section 3A notification under the National Highways Act. Buying before that notification appears means buying without knowing if your land is in the take zone.
The table below shows the three zone categories buyers encounter along this corridor, and what each permits.
Zone
Governing Authority
Permitted Use
Conversion Required?
Agricultural (Green Zone)
PMRDA (Pune Metropolitan Region Development Authority)
Farming only
Yes - SDO order for NA; PMRDA for non-agricultural development
Industrial (MIDC-notified)
MIDC Maharashtra
Industrial units, warehousing, ancillary use
No conversion; MIDC allotment process applies
Freehold Industrial
Revenue Department / PMRDA
Industrial or residential depending on local DP
NA conversion order from SDO required for residential use
Zone
Governing Authority
Permitted Use
Conversion Required?
Agricultural (Green Zone)
PMRDA (Pune Metropolitan Region Development Authority)
Farming only
Yes - SDO order for NA; PMRDA for non-agricultural development
Industrial (MIDC-notified)
MIDC Maharashtra
Industrial units, warehousing, ancillary use
No conversion; MIDC allotment process applies
Freehold Industrial
Revenue Department / PMRDA
Industrial or residential depending on local DP
NA conversion order from SDO required for residential use
The agricultural-to-industrial conversion route along Ranjangaon and Sanswadi is the most commonly misrepresented category on this corridor. Brokers advertise agricultural plots as "convertible to industrial at additional cost." That is technically true ,PMRDA is the sanctioning authority for most of this belt ,but the conversion process requires an SDO order, PMRDA clearance, and changes in the 7/12 mutation entries before any construction can legally begin. A plot listed as "agriculture with potential to convert" is agricultural land until those orders exist in writing. Do not treat broker assurances of future conversion as equivalent to a current non-agricultural order.
Chakan is Pune's largest MIDC industrial cluster, and its investment thesis is independent of the highway upgrade. Volkswagen, Mercedes-Benz, and their ancillaries are already there. The corridor upgrade reduces travel time to JNPT and the Mumbai-Nashik corridor, strengthening Chakan's logistics position. But Chakan MIDC plots are not available through direct purchase from MIDC. Once allotted, they are MIDC-leased land that trades in the secondary market under MIDC transfer rules.
The table below maps each sub-market to its corridor position, driver, and specific risk.
Sub-market
Position on Corridor
Key Driver
Specific Risk
Talegaon MIDC (Navlak-Umbre, Akurdi, Ambi)
NH-48 end, Talegaon start
MIDC 585 ha in five phases; Hyundai (acquired GM) plant driving ancillary demand
Phase I and II fully allotted; limited fresh availability
Freehold land, Talegaon-Chakan road
Talegaon to Chakan stretch
Cheaper alternative to MIDC; large developers building built-to-suit and leasing long-term
Elevated road alignment cuts through existing 2-lane; acquisition risk on highway-adjacent parcels
Chakan MIDC Phases I-VII, Khed
Mid-corridor
Established auto cluster; Khed City public-private partnership (PPP) with Kalyani Group and MIDC
MIDC secondary transfers require MIDC approval; Khed Logistics Park impersonating Khed City brand
Shikrapur, Ranjangaon, Shirur
NH-753 end, Shikrapur terminus
Agricultural land near Ranjangaon MIDC priced for industrial conversion
Agriculture-to-industrial conversion process through PMRDA needed; no gazette notification for acquisition yet
Sub-market
Position on Corridor
Key Driver
Specific Risk
Talegaon MIDC (Navlak-Umbre, Akurdi, Ambi)
NH-48 end, Talegaon start
MIDC 585 ha in five phases; Hyundai (acquired GM) plant driving ancillary demand
Phase I and II fully allotted; limited fresh availability
Freehold land, Talegaon-Chakan road
Talegaon to Chakan stretch
Cheaper alternative to MIDC; large developers building built-to-suit and leasing long-term
Elevated road alignment cuts through existing 2-lane; acquisition risk on highway-adjacent parcels
Chakan MIDC Phases I-VII, Khed
Mid-corridor
Established auto cluster; Khed City public-private partnership (PPP) with Kalyani Group and MIDC
MIDC secondary transfers require MIDC approval; Khed Logistics Park impersonating Khed City brand
Shikrapur, Ranjangaon, Shirur
NH-753 end, Shikrapur terminus
Agricultural land near Ranjangaon MIDC priced for industrial conversion
Agriculture-to-industrial conversion process through PMRDA needed; no gazette notification for acquisition yet
The Khed City brand impersonation is documented and specific. Khed City, the 4,200-acre integrated industrial township developed by the Kalyani Group and MIDC, has formally stated that Khed Logistics Park India LLP has no association with Khed Economic Infrastructure Private Limited. Buyers purchasing plots marketed under any "Khed City" branding must verify directly with KEIPL at their Pune office whether the plot is inside the actual Khed City project boundary. One phone call to the right office eliminates this risk entirely.
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