Introduction

Investing in farmland and plots close to Bangalore has seen a skyrocket growth recently. The want for green areas along with urban development has opened opportunities for investors looking to invest in Bangalore farmland. In this blog, we will discuss the opportunities that Bangalore farmland provides, how to go about the process, and what benefits it has in store for you so that you have the maximum return on your investment.

The Expanding Supply Of Agricultural Land Behind The City Of Bangalore

Bangalore is well known for its fast growth in the tech sector which has led it to be known as the Silicon Valley of India. But with the increasing amount of development world class infrastructure and urban planning will be required to keep up. Due to urbanization and the need for space the demand for agricultural land is steadily rising.

To begin with, the radiating development of the metropolitan has resulted in several rural areas increasing their land prices significantly. A lot of these places are now considered to be excellent venture opportunities, offering the combination of the countryside ambience while being close to the regional centers for trade. The focus on clean and sustainable housing also enhanced the attractiveness of farmland as an investment vehicle. The idea of residential gated farm communities, eco-luxury houses and sustainable developments over vast tracks of land excite these investors.

Farmland as an Eco-Friendly Investment

In conclusion, purchasing farmland in Bangalore is an excellent business decision due to its potential financial gains alongside being eco-friendly and sustainable. Farmland is increasingly viewed as a valuable asset for diversifying investment portfolios. A strong contrast to the uncertainties palpable in the stock market, farmland has proven its worth in terms of stability and reasonable profitability. This growth in agricultural land prices within Bangalore and its surrounding regions ensued due to the growth in demand coupled with the decreasing supply.

As climate change and ecological issues continue to escalate, however, there have been advances towards ecological agriculture. Purchase of farmland, wherein capitalists can either rent the land to agriculturists or carry out the farms themselves, is an appealing selection. These farms aid in low organic farming, conservation of water, and protecting the ecosystem from further damage.

Core Areas Of Farmland Around Bangalore

Bangalore lies at the heart of many other regions making it the center a selling hub for realtors. Below are the regions that are strategically positioned for development:

• Devanahalli:   Devanahalli is 35 kilometers away from Bangalore city making it a great region for real estate investment as it is close to a developing Kempegowda International Airport. Real estate and infrastructural developments have been occurring rapidly in that region which has caused farmland prices to rise making it a great investment hub.
• Hosur:  Farmer Joint stock companies are on the rise in India and with Bangalore being industrialized and located at the border of Tamil Nadu allows entrepreneurs to easily reach agriculturists. The city center of Bangalore is much more expensive as compared to Hosur, making Hosur an even more lucrative area
• Nandi Hills:  If you are looking to set up eco-luxury farm buildings, then Nandi Hills proves to be a wonderful location due to its pleasantly cooler weather and breathtaking views. This region is amazing to create wellness retreats or green sanctuaries as the charm of nature and calmness of the place can be mesmerizing.
• Chikkaballapur:   This location offers a blend of farmland and residential developments. Due to its closeness to both Bangalore and Nandi Hills, it is a great investment opportunity as it has the potential to develop into a desirable location for farm plot investments.
• Kanakapura:   Kanakapura is known for its abundance of greenery and resources which makes it an ideal rural region for those looking for eco-friendly communities. With its excellent transportation links to Bangalore, it will be ideal for people looking for sustainable development opportunities.

Comprehending the laws and regulations

Before investing in farmland just outside Bangalore, it is crucial to comprehend the rules and regulations in place regarding land ownership. Indian real estate laws are vastly diverse and because of that are hard to understand when it comes to investment into agriculture land.

Karnataka is one of the few states where buying agricultural land is open even for NRIs, but remember that foreign nationals cannot purchase such land. A legal or real estate professional should be contacted to know all of these laws and the restrictions that exist to know where they intersect.

Apart from that, NRIs and any residential Indian are subject to due diligence and must comply with proper protocol to buy farmland. With due diligence done, however, these investments will be much more secure from disputes or even the potential of any encumbrance.

Investing or rather buying farmland has great potential but it too comes with its fair share of issues some of which are as follow:

• Land Fragmentation:   Landowners in rural areas tend to cut the land into smaller pieces for the sale for untold reasons and that has made investment on bigger scales a bit complicated.
• Infrastructure Problems:  Certain parts around Bangalore might have good growth without proper infrastructure such as electricity, roads and even water supply. These factors too should be checked before any purchasing decisions are made.
• Regulatory Hurdles:   Lacing of ease in the land purchase legislation makes the acquisition and acquisition of land a tedious task while applications of zoning laws further restrict the usability of the land. When in a new country, it is imperative that investors conduct thorough research on zoning laws and regulations and get the requisite permissions.
• Maintenance Costs:  Ongoing cultivatory or infrastructural support of any usable land is a necessity however such maintenance comes at a price and potential profits must always take such operational expenditure into account.

How to Find Agricultural Land in Bangalore

In order to find agricultural land in Bangalore, the following factors should serve as a guide as to where he should be seeking investment:

• Location and Accessibility:   Normal farmland tends to get favorable investment if it is located within a reasonable distance from Bangalore, it is easily accessible and is close to major roads or highways.
• Soil Quality:   Agricultural lands have organic deposits and a good soil content increases productivity. It is recommended that tests be done on the soils ascertaining the viability of the farmland.
• Water Availability:   In order for farmland to be cultivated and livestock to be raised, the land must have ample access to sustainable sources of water such as rivers, lakes or irrigation systems.
• Growth Potential:   Search investment opportunities in areas that have ongoing civil works or commercial developments that are expected to take place. Greater the potential growth of a specific area the higher the return on investment will be.
• Legal Ownership:   Always confirm that the title of the land has not been occupied and therefore remains unencumbered. This is important as it secures your investment.

Conclusion

Investment in farmland around Bangalore should be a preferred option by investors as they seek to diversify their portfolios and contribute towards sustainable livelihoods. Given the location and increasing need for organic spaces together with the advantages of managed farmsteads, investing in farmland in Bangalore and outskirt makes sense for the long term future. As is established in other parts of the world, the sale of agricultural land creates an immense opportunity, and investment can happen only after assessing the dynamics of the market, evaluating land quality and complying with the legality issues.

Investing in undeveloped land today will enable you to be in a business with high returns while also being environmentally responsible. The constant increase in the population and urbanization of Bangalore will create increased supply shortage causing constant demand making farmland a great investment for the long term.