Title: The Benefits of Buying Agricultural Land
1The Benefits of Buying Agricultural Land in
Konkan
2- Many urban investors are investing in
agricultural land due to the change in urban
reality and the promise of long-term returns. - We are exploring the benefits of buying
agricultural land in Konkan for those interested. - With rising incomes, Indian investors are looking
for new ways to earn a return on their
investments. - One method is to be overly reliant on
agricultural land. - While some investors keep such land as an asset.
3- There is a segment of investors who support the
growing market of fruits and vegetables to
supplement their income. - Several experts have agreed that farm investment
is a safe option for parking funds because the
return on investment is usually higher than other
investments and also lends safety to money,
especially after pandemic COVID-19. - Now, urban investors are looking at the potential
returns on agricultural land in areas near major
cities and state capitals.
4- In comparison to urban land, investors can expect
healthy returns on resale value, while the land
is cheap. - Due to shortages and the high price of land in
cities, there is an increase in the buyer of such
land parcels for resale or cultivation with urban
investors.
5Potential ROI on agricultural land
- If there is a chance of future infrastructure
projects in emerging and developing countries, If
a government scheme is to be launched and the
land is located in a specific area, the returns
are higher, such as a special highway or economic
zone. - He adds that it is good or in the master plan of
the region it is included in the future there are
chances that such a piece of land will fetch a
higher value.
6Advantages of Investing in Farmland
- An agricultural land plot can yield long-term
returns if it is located in an area where the
government has planned some infrastructure
projects shortly. - In the case of government acquisition, the
compensation for rural land is greater than that
for urban land. - State governments are also planning a land
pooling policy for areas where the city is
expanding. - If you become an owner under the land pooling
policy, you will receive guaranteed regular
returns from the pool.
7Opportunities of Purchasing Farmland
- To own agricultural land in India, you must be a
farmer, according to the law. - Some states have extended this requirement, while
the majority of states have such a rule and you
may also receive such a land. - Conversion may be difficult you cannot convert a
fertile piece of agricultural land into a
residential one. - The land should be dry for conversion.
8- Terminology and knowledge of local land laws are
required if the buyer is unfamiliar with the
land laws and local terminologies used in the
transaction, purchasing agricultural land may be
extremely difficult. - Because the land is a state subject, it will be
disadvantageous due to the legalities involved in
the process, laws differ in each state, and lack
of thorough knowledge.