Though next only to agriculture, the real estate industry in reputed to have a high growth rate. Estimates say that real estate business could be growing at an estimated 6-7%annually and perhaps is one of the major provider of employment all over India. In sympathy, the real estate industry too has seen some major changes. The most interesting of the changes is the entry of corporate companies in real estate farming.
In India, the development of real estate is considered as a welcome feature. Of all the big changes it has made, the speed at which wasteland is being converted into arable land should be commended. Big corporates are making it possible to wheel water from far away sources or discover ground water that make it practical to carry on with farming activities.
India by moving towards real estate is now well poised to market its produce across the world. It is now possible to establish market presence in major consumption areas. For the first time it is possible to reduce dependence on middlemen and brokerage firms to reach consumers directly. Along with this also comes the ability to build brand images that increase a produce’s value.
Real Estate Farming and Ownership Pattern
The government in India per se in the past had never encouraged corporate companies to enter farming activities. As a result, continued to use outdated technologies even until recently. The entry concept by the corporate sector has brought along with it the latest technologies. Corporate entry has ensured not only technology transfer but also farmland ownership pattern.
Gone are the days when every farming activity had to be overseen by the owners. Corporate real estate companies nowadays are able to introduce cooperative farming by forming societies so that each farm is able to access technology in ways that was not possible even a decade before. Collective farming makes it possible to access high technology by dividing the cost of acquisition among real estate farming communities. It has the potential to establish laboratories and introduce advanced preservation technologies at reasonable costs.
One of the interesting development in India as it relates to real estate farming is the development of small farms that practice intense farming techniques that are efficient and preserve water resources. The emphasis of real estate farming is in cash crops as against mass consumed cereals in large scale agriculture. Another interesting factor relating to real estate farming is Barhi date production in South India.
Golden Grove in Real Estate Farming
Real estate farming also has the potential to cultivate crops not considered as fit for particular regions. For example, Golden Grove a real estate farming company has successfully demonstrated that it is practical to grow Barhi dates in Annur at Coimbatore. It has established a real estate date farm and in under 28-months of planting date trees it has shown positive results. The yield rate at the farm is 100 kilograms per tree per year which is remarkable.
Golden Grove offers farmlands for sale in small lots. This is advantageous for investors who are eager to enter scientific farming as a leisurely activity or are planning to park their funds to multiply their asset value. Either ways real estate farming is a great endeavour.
Real Estate and Technology adoption
High-tech farming once used to be the exclusive preserve of big farmers who had the financial resources to adopt scientific cultivation. This has changed under real estate farming techniques in which corporates procure vast tracts of barren land and convert them into arable land fit for cash crop cultivation. Typically corporate businesses involved in this type of activity divide their landholdings into smaller bits for subsequently selling them. This has encouraged many investors to invest in real estate farming.
The advent of real estate farming is a big change in Indian psyche. Indian investors are for the first time in history thinking in terms of achieving high yields from small lands coupled with high quality of produce. There is undoubtedly a paradigm shift in ways the real estate farming concept is captivating farm investment in India.
Another fallout of the real estate farming industry is that it is opening a new venue for people to park their savings. India for the first time is now in a position to offer global investors a realistic opportunity for long-term investment in which there is tremendous scope for growing money on trees literally. Uniquely, real estate farming is suited for big as well as small investors alike. It also makes farming a bankable industry. This so much good for the country as well.
Foreign Investment in Real Estate
India is also on the verge of attracting massive investments in real estate farming. The infusion of foreign companies in the real estate farming is expected to bring about major changes in crop output as well as improve the quality of produce. It is noteworthy that real estate farming in developed countries have saturated with little scope for expanding. This is a boon for countries like India that is looking for farm technologies that are inexpensive and relevant to deployment on a large scale.
Overall real estate farming holds a great potential for investors who love agriculture and farming. The entry of real estate farming has ensured the availability of small farmland that have the potential for intense farming techniques. The fact that India receives sunshine throughout the year is another factor for real estate farming to succeed.