Current market trends and projections for farmland values in India for investment

financialexpress.com:

About 55% of India’s population relies on agriculture as their main source of income, making India one of the leading players in the global agricultural industry. India is the world’s largest producer of milk, pulses, and spices. About half of the population of India is employed in the agricultural industry, which in the world has the second-largest amount of agricultural land.

And state governments are now opening up farm lands for housing development and industrial reasons. This may make this opportunity very profitable for investors who are thinking about purchasing an agricultural property in rural areas.

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Investing in an agricultural land not only prevents you from spending all that money but also gives you the choice to use the land for a variety of purposes in the future, within the confines of the law. When the crops are harvested and sold, the landowner receives a percentage of the sales.

(By Vijay Chaudhary, Chairman of Ram Rattan Group. Views are personal)