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Buying Agricultural Land in India Essay

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Buying agricultural land in India
Preface
Investment in real estate has always been a lucrative avenue for investors who want to see their money grow manifold. But off late with recent stagnation in the real estate prices there has been a negative effect in the real estate market of traditional property such as Apartments, Offices etc.
In this scenario one area which is seeing a gradual demand is agricultural lands. According to expert agricultural land has always been user friendly and not to costly medium of investing in real estate. On top of that you have various benefits such as various tax exemptions making it even more sensible option to put your money in at any given point of time. Although agricultural lands are a hot property …show more content…

can award their lands to private individuals for that kindly check with local bodies to understand various terms and conditions as they differ state to state
Advantages of Buying Agricultural Land
There are various advantages of buying an agricultural land
• As agricultural land is in limited supply there is always a good chance that the land would appreciate in future
• Agricultural land is a great diversification tool for investment when related to equity and bond markets.
• Investor can enjoy tax free income on any agriculture produce
• Agricultural commodities are high on demand thus increasing the chance of rental income of your land if you plan to rent out your agricultural land
• Agricultural land is a very stable income and can produce stable income just like gold which is good hedge asset
Things to consider while buying an Agricultural land and related government rules
As stated above agricultural land are good areas for investment purposes but we should be very careful about any lease or entitle agreement while buying a land. If it is a land that belongs to government then it is a strict no-no to buy those land as government can claim that land whenever they want .
Areas to consider before buying an agricultural land
You should be Indian Citizen: Foreigners, NRI cannot buy agricultural land in India. You have to be an Indian citizen to buy an agricultural land.
You should be a farmer or own a farm land already
Not every Indian is eligible to

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