Research

Handbook for Development of Managed Farmlands and Agrihood Communities in India

Handbook for Development of Managed Farmlands and Agrihood Communities in India

In the last decade, real estate has witnessed change on multiple fronts – change in the buyer profile, increased preference towards community-driven living, flexible work schedules and prioritization on health. All these, combined with a focus on growing and eating fresh, local food is leading to emergence of Farm-based communities.

Managed Farmlands refer to agricultural land where ownership is separate from day-to-day management, with farmer-backed professional companies or experts handling all aspects of farming while Agrihood Communities are mixed-use communities built with a community farm as a focus. The purpose of these communities is to facilitate food production simultaneously provide recreation for members of the community.

In India, the concept of Managed Farmlands has witnessed a significant growth in the past 10 years while the concept of Agrihood Communities is at a nascent stage. We expect development of Managed Farmlands will gain higher traction than Agrihood communities on account of the following reasons - relatively younger population, availability of agricultural lands in tier III locations and rural towns of India, and lower preference for agricultural practices.

This handbook is a good read for developers, property owners and investors and provides insights and guiding notes for development, planning, partnerships, consumer insights and proptech applications in setting up and operating a Managed Farmland and / or an Agrihood community.

This book is a must read to understand the concept of both Managed Farmlands and Agrihood Communities. It covers:

  • Definition, Concept and Components
  • Site selection parameters
  • Findings of the consumer preference survey
  • Benchmarking Analysis – International and Indian Case studies
  • Statutory approvals and regulations across 8 major states of India (Karnataka, Tamil Nadu, Andhra Pradesh, Telangana, Maharashtra, West Bengal, Haryana, and Uttar Pradesh)
  • Guiding Notes for Planning, Development and Operations
  • Development costs and operation costs
  • Application of Proptech
  • Financing Routes
  • Financial Analysis – arriving at the residual value of the land
  • Computation of Returns for the end-users

This handbook has been thoroughly researched and referenced, with relevant information been collected through interviews with developers, owners, and statutory authorities, along with our own proprietary research.

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