When it comes to investing , experts recommend diversifying the portfolio to avoid risk. Today, many investors invest in stocks, mutual funds and real estate. There is a lot of investment in residential, commercial and office real estate. However, property sector experts say that apart from this, investing in agricultural land is the smartest decision. It cannot be denied that land prices are constantly rising. You can look at agricultural land available in tier-two and tier-three cities as an investment option. Let us know what are the benefits of investing in agricultural land.
This is how you can earn with investment
Investing in agricultural land does not mean that you have to do traditional farming. You can also do farming if you want to. Apart from this, you can use agricultural land for growing flowers and fruits. Flowers like marigold and rose are in demand throughout the year, their demand increases even more during the festive season. You can also earn good income by growing medicinal plants like basil and aloe vera. Planting fruit trees like banana and papaya is relatively easy and can also give good returns.
You can develop your agricultural land as a rural tourist destination, which includes activities like agritourism or farming. If we look at the NCR (National Capital Region), the trend of weekly holidays on agricultural land has increased rapidly in cities like Greater Noida, Sonipat and Gurgaon.
There is no tax on income from agriculture
An interesting aspect of investing in agricultural land is the tax benefits. Income from agricultural activities and profits from the sale of agricultural land are generally tax-free. This makes the financial returns from such investments even more attractive. For long-term investments, agricultural land is an excellent option. The demand for agricultural land has increased rapidly. This has led to a continuous rise in its price. Land is the only commodity on this earth that cannot be increased. So if you invest in agricultural land, then believe me, you will get bumper returns in the long term.
take care of these things
Before buying agricultural land, definitely gather the paper information. Find out whether the land you are going to buy is dispute-free or not. If the land is disputed, never buy it. Apart from this, also find out whether the person from whom you are going to buy the land has the ownership rights of that land. If not, then do not buy the land. Before buying land, assess the geographical condition of that area and the changes that may happen in the future. If you do this, you will always be worry-free and will be able to get better returns.
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