January 28: The farmhouses culture no longer remains exclusive to a certain premium category of people. Again, recent amendments in the Land reforms act, especially in Karnataka, have opened the window for all non-farming background individuals and institutions to own agricultural land. The reason why the concept of owning and investing in managed farmhouses has seen a rising trend in India in the last couple of years.
Another crucial factor for such a drastic transformation in the market for investments in managed farmlands is the ongoing pandemic. Covid protocols have redefined the whole working ecosystem. Work from home mechanism has become the new norm. The situation has taken a toll on the lifestyle and mindsets of people. The stress and fatigue of urban living and within a micro set-up without freedom for weekly getaways and travel is making things worse. The undesirable circumstances have made them realize the importance of owning a larger & eco-friendly conducive home.
Managed farmhouses or managed farmlands, as it is generally called in the real estate sector, are nothing but agricultural lands that are owned by institutions or individuals but cared for and handled by skilled people/agencies. The arrangement lowers the investor’s risk level as they lack knowledge of farming and its associated issues. Further, managed farmlands are more profitable than any other real estate asset classes or premium metal (gold/silver) investments. Also, the entry ticket size is small for the retail investor who is looking to diversify their investment portfolios. As an investor, you will encounter pretty low levels of market volatility.
Owning farmland not only let you stay close to nature and in a relaxed atmosphere beyond the city’s rush but also fulfils your aspirations of owning a farm. Moreover, investing in managed farmlands provides the new age investor with a passive wealth creation opportunity with huge growth potential. It’s a futuristic, secure, sustainable and rewarding way of having a weekend getaway always at bay.
This surge in demand is mainly seen among working professionals, especially those in the IT sector. The growing trend has opened up multiple avenues that help you encash the appreciating value of managed farmland assets and something that also supports personal welfare.
One such initiative that offers you to invest in this avenue is Greenlakes. The one-stop destination near Bangalore caters to this promising asset class. The company launched India’s first farm-based with co-working space farmlands near Bangalore. It exhibits a small-town charm with perfect weather.
According to Mr Almas H Johari, the founder of Green Lakes and a passionate sustainability champion, “Given the current state of affairs, to attain a coveted peace of mind is virtually unattainable in the tumult of metros. People have started prioritising health over anything. The solution is finding a suitable spot that offers a perfect work-life balance. At Green lakes, we have visioned to provide you with the comfort of a farmhouse along with city-like convenience, all wrapped together is ideal for the new age professional to call it home.”
At an easily approachable distance (an hour’s drive) from Bangalore, Green Lakes is immersed in the serenity of nature and offers fully-equipped work from the farm ecosystem. Located amidst a vast expanse of greenery with vibrant hues of blooming flowers, the region already houses approximately 20k trees and dozens of varieties of fruits plantations. You also have the opportunity to grow your organic veggies as there is a ready irrigation line connected to each plot. Your farmland and plantation are taken care of by certified experts.
Apart from the cosy comfort, the estate is equipped with various modern amenities such as a library, playgrounds, club cottages, amphitheatre, swimming pond, etc.
The smart scientific farming techniques adopted by the company and the in-house crop production from fruit output and timber, yields consistent appreciation and good returns on investment.
In short, you own your second home without any hassle of maintenance and stress in the bliss of nature. website: www.greenlakes.in
Vijay Singh
