I am planning to invest 30L into Agricultural land in Bangalore. My parents have the credentials to invest into farming land. But the issue here is getting something decent/Sizable land for 30L. I have came across some decent options in the range of 80-90 Lacs [which are sold now but sure i will get many of these options going forward]. One of the Option evaluated by me is to form a team of 4-5 people and buy 8-10 acre agricultural land and plan meaningful ROI with some kind of cultivation.
Any thoughts around this thought process..... [Pros/Cons etc...] or anyone who is interested with this do let me know [with farming background]
Any thoughts around this thought process..... [Pros/Cons etc...] or anyone who is interested with this do let me know [with farming background]