Many people aspire to possess farmland or agricultural land. Different people have different reasons to buy farmland.
Basically, there are following five purposes for people to acquire farmland.
Nowadays, Farming is not restricted only to old traditional farmers as many elite class have got into farming because of the huge potential in different types of farm business like Dairy Farm, Goat Farm, Poultry Farm, Fish Farming and Organic Farming etc.
Farmland has outperformed almost every major asset class coupled with the capital gain tax benefit on the sale of such land. The returns are higher in developing areas where there is a possibility of upcoming infrastructure projects, such as a special economic zone or a highway or where some government scheme is to be launched.
Farmland has outperformed almost every major asset class coupled with the capital gain tax benefit on the sale of such land. The returns are higher in developing areas where there is a possibility of upcoming infrastructure projects, such as a special economic zone or a highway or where some government scheme is to be launched.
People also want to buy farmland to generate different tax-free income & benefits as income derived from the sale of farm produce or from renting out their farmhouse and capital gain on sale of farmland have tax exemptions & benefits.
People also want to buy farmland to generate different tax-free income & benefits as income derived from the sale of farm produce or from renting out their farmhouse and capital gain on sale of farmland have tax exemptions & benefits.
As urban infrastructure leaves little space for greenery and open spaces, farm stays or farmhouse are rising in popularity and a lot of people are opting to spend their holidays going green rather than basking in the lap of luxury.
As urban infrastructure leaves little space for greenery and open spaces, farm stays or farmhouse are rising in popularity and a lot of people are opting to spend their holidays going green rather than basking in the lap of luxury.
Hobby farming has become increasingly popular. Each hobby farmer has his or her personal motivations for getting into small agriculture for fresh, organic vegetables and animal products by working themselves on the field.
Hobby farming has become increasingly popular. Each hobby farmer has his or her personal motivations for getting into small agriculture for fresh, organic vegetables and animal products by working themselves on the field.
Whatever may be the reason for buying such land, owning farmland or farmhouse is not as simple as it sounds. There are legal requirements to be met and procedures to be followed before owning such properties. Different states have different rules & regulations for possessing farmland. In Maharashtra, only a farmer can purchase farmland. But not everyone has this farmer status to buy farmland.
This is where we come in to get you entitled to buy such properties in Maharashtra as well as other parts of the country, but except Gujarat, Himachal Pradesh, etc. as each state has its own rules and regulations which are not of permanent features. Like, a few years back, Gujarat amended its Farmland Act to allow only farmers from its own state to buy farmland in Gujarat. This amendment prohibits non farmers from Gujarat and farmers from any other state of India to buy farmland in Gujarat. Likewise, if, in the future, Maharashtra’s rules & regulations are also changed like Gujarat, here also it will be impossible to buy or own farmland or farmhouse. But if you obtain farmer status or shetkari dakhla and buy even a small parcel of farmland in Maharashtra, you and your next generations will continue to enjoy the farmer status even if Maharashtra’s Agricultural Land Act is changed in the future.
So now seize the opportunity and seal yours and your next generation’s place before the land laws of your State get changed.
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This is where we come in to get you entitled to buy such properties in Maharashtra as well as other parts of the country, but except Gujarat, Himachal Pradesh, etc. as each state has its own rules and regulations which are not of permanent features. Like, a few years back, Gujarat amended its Farmland Act to allow only farmers from its own state to buy farmland in Gujarat. This amendment prohibits non farmers from Gujarat and farmers from any other state of India to buy farmland in Gujarat. Likewise, if, in the future, Maharashtra’s rules & regulations are also changed like Gujarat, here also it will be impossible to buy or own farmland or farmhouse. But if you obtain farmer status or shetkari dakhla and buy even a small parcel of farmland in Maharashtra, you and your next generations will continue to enjoy the farmer status even if Maharashtra’s Agricultural Land Act is changed in the future.
