When I am 50, I want to settle down, farm, and have more than five hundred novels. I hence asked my neighbor, a real estate advisor, where can I buy cheap farm land in India. He said to consider places with cheaper prices per acre, such as rural areas in states like Jharkhand, Bihar, Telangana, Andhra Pradesh, and Uttar Pradesh. He also shared a few important factors to consider before looking for it.
Where can I Buy Cheap Farmland?
Several variables, including location, infrastructure, accessibility, soil quality, and legal status, affect the cost of agricultural land in India. However, my neighbour suggested the following states and areas have somewhat inexpensive agricultural land:
- Jharkhand:
Palamu is a hilly area, but it offers the cheapest agricultural land.
- Bihar:
Gaya, Munger, and Jamui offer low land value.
- Telangana:
Nalgonda and Warangal Rural offer inexpensive farmland.
- Andhra Pradesh:
Srikakulam (tribal belts) and Anantapur have low demand for agricultural land.
- Uttar Pradesh:
Chitrakoot, Ghazipur, and Hardoi offer cheap land.
It might also be less expensive to buy land in Naxal-affected areas. Land in arid regions or close to tribal villages may also be less expensive. He also said before purchasing land, get due diligence done by legal experts.
While considering these options, I want to do additional research on where can I buy farmland cheap.
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My friend works as a real estate agent and we were talking about the increasing land costs in India a few weeks ago. I was looking to buy an agricultural property and hence, asked him, where can I get the lowest price of agricultural land in India? He informed me that there are various areas in the country with inexpensive agricultural land. He said there are various aspects I must consider before buying the land. I have listed out all the factors he informed me of below.
Where can I Get Cheapest Agri Land in India?
According to my buddy, land is typically less expensive in rural or underdeveloped places than in metropolitan or highly developed ones. Central Indian states like Madhya Pradesh and Chhattisgarh, as well as northeastern areas like Bihar and Jharkhand, are renowned for having comparatively lower land costs.
He also stated that the location, size, type, and fertility of the land all affect agricultural land rates. The following lists the various kinds of lands:
Soil (Red soil / Black soil)
Water (Naturally Available or Borewell)
Cultivation or plain land
Types of crop grown in that land.
He said even in Karnataka I can get land at the best price. He also shared the average pricing for some states with me. You can check the rates here.
State |
Cheapest Farming Land in India |
Chhattisgarh |
Rs. 2 Lakhs |
Meghalaya |
Rs. 2.5 Lakhs |
Bihar |
Rs. 3 Lakhs |
Jharkhand |
Rs. 4 Lakhs |
Madhya Pradesh |
Rs. 4.5 Lakhs |
Karnataka |
Rs. 10 Lakhs |
I hope you found this information helpful.
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What is the Cost of One Acre Agriculture Land in Karnataka?
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Hi,
The northern Indian states of Uttar Pradesh, Rajasthan, and Madhya Pradesh have the most affordable land.
Land in the states' most remote interiors, such as Telangana Pradesh, Andhra UP MP Rajasthan and Assam, where there is only one road's width
Affected land from last year's floods, famines, or other natural disasters that eventually recovers its vigour, but hold the risk of further disasters persists.
Land in places afflicted by Naxal
Land in the Punjab or West Bengal state borders
In Nepal and Bhutan, Indians can also purchase affordable land.
Barren land
Areas close to tribal villages
You can check out the following answer to understand where you can buy the cheapest agricultural land in India.
Which State Has the Lowest Land Rate in India?Your Feedback Matters! How was this Answer?
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Where can I get the cheapest agricultural land?
jignesh
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2023-07-09T01:11:31+00:00 2023-07-09T20:26:23+00:00Comment
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