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.