Farm land, once the exclusive domain of the wealthy and affluent, is now becoming accessible to a broader audience. With farm land now available not only in acres but also in smaller plots measured in square yards, ordinary and middle-class people are showing interest in purchasing it. However, real estate experts recommend buying only farm land that has government approval. Farm land is gaining demand due to its promise of stable investment and minimal risk in areas where growth potential is high.
Recently, farm land ventures have undergone significant changes. To cater to the middle-class, farm land ventures are now being marketed as weekend retreats, allowing people to engage in agricultural activities while enjoying a peaceful environment. With this in mind, farm lands are being developed slightly outside the city. Many of these projects are being launched along the outskirts of Hyderabad, especially near the upcoming Regional Ring Road. Key areas like Shadnagar, Vikarabad, and regions along the Srisailam Road, Yadadri Road, Sagar Road, and the Bengaluru Highway are seeing a surge in farm land ventures.
ALSO READ: South Delhi’s real estate potential worth
Farm lands offer a unique experience of living in a healthy environment, away from the hustle and bustle of city life. This is why many people prefer to spend their weekends in the lap of nature. The increasing number of farm land transactions around city outskirts is a clear indicator of this growing trend. Real estate developers, keeping the interests of buyers in mind, are developing various types of projects on farm lands. These farm lands are now available in different sizes, ranging from acres to square yards.
In these farm land projects, fruit plants, long-term income-generating trees like red sandalwood, sandalwood, and teak are being planted. Some companies focus entirely on cultivating plants, while others leave space for constructing farm houses or weekend homes alongside planting trees. Additionally, some real estate firms are developing clubhouses and resorts specifically on farm lands to enhance the lifestyle offerings for buyers.
After retiring from job, career, or business responsibilities, some individuals are investing in farm lands to live in a peaceful environment away from the city. Others, particularly with a vision for their children’s future needs, are making investments in farm lands. It is observed that IT employees, business owners, people nearing retirement, and government employees are the major buyers of farm lands.
While some projects offer agricultural land starting from half an acre to one acre, others sell land by the square yard. Depending on the location and project, the price for one gunta (121 square yards) ranges from Rs 8,000 to Rs 12,000. For farm lands developed in DTP layouts, the price per square yard varies between Rs 10,000 and Rs 25,000.
However, there are no issues in purchasing farm land in acre, half-acre, or quarter-acre plots. But when buying farm land by the square yard, real estate experts strongly advise ensuring that the project has government permissions. It is recommended to buy farm land only in layouts approved by the DTP (Directorate of Town and Country Planning). Experts in the field suggest that investments in farm land should only be made after confirming the development of proper roads and infrastructure within the project.
