The police were informed around 11.35 am about a body in a bag lying at a vacant plot in the area.
Parts of the body was "highly" decomposed, they said.
Doctors said the woman was aged between late 20s and is suspected to have died 20-25 days ago.
Police are scanning the CCTV footage of roads leading to the plot and also going through records of missing people to identify the woman, they added.