This present study has employed the hedonic pricing technique to
calculate the value of marginal changes in the characteristic of treated
industrial wastewater irrigated farm land in Tamil Nadu, India. A sample
of 240 farmers was selected through multistage random sampling
technique. The major findings of the analysis revealed that, the
additional income obtained from agricultural land value in sample farms
using treated wastewater was higher by INR 13.34 lakh while compared to
control farm. As one would expect, agricultural attributes are very
important determinants of agricultural land prices followed by
environmental attributes and location attributes. Implicit values for
transport facility, number of irrigation, bore and open well
availability, land quality index and vegetative cover are embedded in
agricultural land prices and there is evidence that the use of treated
wastewater reuse for agriculture can improve the fit of the hedonic
price regression. Distance between cisterns to farm significantly
reduces the land value. In this present study emphasized that the use of
treated industrial wastewater for agriculture is high potential for
increasing the agricultural land value in the Tamil Nadu.