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Latest imagesAnyone familiar with Ooty area?
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truthbetold
goodcitizn
Marathadi-Saamiyaar
nevada
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Anyone familiar with Ooty area?
by nevada Sun Aug 18, 2013 3:42 pm
I recently spoke to an old friend of mine who chucked his corporate career to start a carnation farm in the Nilgiris. Ever since, the long dormant "live an idyllic farm life" bug in me has awakened again. I started doing some research(all online of course) and found that besides Ooty, Hosur is a top carnation producing area as well. Since my brother lives in Bangalore and Hosur is about 30 km from there, I looked into land prices there and 15-25 lacs an acre seems to be the going rate. Seemed too pricey to me. Then I started looking into land prices in Ooty itself and stumbled upon this gem(or a turd, who knows). How much does agricultural land normally cost in this area? I am not going to start a carnation farm right away but I could buy a few acres now and save up capital over the next 2-3 years to get started. Anyone else have such crazy dreams?
2 acre river front property with beautiful view 2 bedroom attach toilet separate hall 1 acre tea .5 acre ginger .5 acre arecanut ,banana,jack fruit,best suited for resort 70 lac neg.
4 kms to Gudalur town
2 acre river front property with beautiful view 2 bedroom attach toilet separate hall 1 acre tea .5 acre ginger .5 acre arecanut ,banana,jack fruit,best suited for resort 70 lac neg.
4 kms to Gudalur town
nevada- Posts : 1831
Join date : 2011-04-29
Re: Anyone familiar with Ooty area?
by Marathadi-Saamiyaar Sun Aug 18, 2013 4:24 pm
nevada wrote:I recently spoke to an old friend of mine who chucked his corporate career to start a carnation farm in the Nilgiris. Ever since, the long dormant "live an idyllic farm life" bug in me has awakened again. I started doing some research(all online of course) and found that besides Ooty, Hosur is a top carnation producing area as well. Since my brother lives in Bangalore and Hosur is about 30 km from there, I looked into land prices there and 15-25 lacs an acre seems to be the going rate. Seemed too pricey to me. Then I started looking into land prices in Ooty itself and stumbled upon this gem(or a turd, who knows). How much does agricultural land normally cost in this area? I am not going to start a carnation farm right away but I could buy a few acres now and save up capital over the next 2-3 years to get started. Anyone else have such crazy dreams?
Any agri-land - tread with care. Usually these may be handed down by several generations. 4 kms from Gudalur. It is quite far away from Ooty - although only 30 to 40 km, it is mountain drive. There is probably NOTHING else there if you plan to live there. It will be a new env, new status level, etc..etc.. if you have family....that is another issue to consider.
Marathadi-Saamiyaar- Posts : 17675
Join date : 2011-04-30
Age : 110
Re: Anyone familiar with Ooty area?
by goodcitizn Sun Aug 18, 2013 4:49 pm
If you are an American citizen with a PIO or OCI status, you can't legally own any agricultural property, even if used as residence. If you are not, then ok.
goodcitizn- Posts : 3263
Join date : 2011-05-03
Re: Anyone familiar with Ooty area?
by Marathadi-Saamiyaar Sun Aug 18, 2013 6:07 pm
I assume he is a US Citizen, and hence, he may not. But if it is listed as an estate or ranch, he may be able to get away. I dont think 0.5 +0.5 acr is really agri land - unless it is declared as such in the title. It is a problem even for Indian citizens - there are ways to go around it but will involve the usual bribes, cost and bureaucracy (for PIOs and OCIs - forget it).goodcitizn wrote:If you are an American citizen with a PIO or OCI status, you can't legally own any agricultural property, even if used as residence. If you are not, then ok.
Marathadi-Saamiyaar- Posts : 17675
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Age : 110
Re: Anyone familiar with Ooty area?
by truthbetold Sun Aug 18, 2013 7:15 pm
Big B faced problems with a land purchase in pune and another alloyed in up.
I think pune land was agricultural land. Further nonlinear research could provide some inputs on buying Agrippa lands.
My understanding is that one cannot buy agricultural land for other purposes. But as uppili suggested Indians can find other ways to do things.
I think pune land was agricultural land. Further nonlinear research could provide some inputs on buying Agrippa lands.
My understanding is that one cannot buy agricultural land for other purposes. But as uppili suggested Indians can find other ways to do things.
truthbetold- Posts : 6799
Join date : 2011-06-07
Re: Anyone familiar with Ooty area?
by nevada Mon Aug 19, 2013 12:42 am
Nice to know that I am in the same boat as Big B 
There goes my dream. Back to reality now. Bye bye weekend, hello Monday!
There goes my dream. Back to reality now. Bye bye weekend, hello Monday!
nevada- Posts : 1831
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Nila- Posts : 1485
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Age : 45
Re: Anyone familiar with Ooty area?
by goodcitizn Mon Aug 19, 2013 1:05 am
If you look at it closely you'll know that it is window-dressed (as you'll see in movie sets) to appear attractive enough to shell out 75 lakhs. The window-dressing probably cost around 5 lakhs. It's always better to check the going rate in the surrounding area and how the land is classified - agricultural or residential. In India it is a lot tougher to convert agricultural land into residential land unless you are a real estate developer with political clout and money power. That said, it's not a lot of money to an NRI and somebody will be sucked into it naively.Nila wrote:That place look nice
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Re: Anyone familiar with Ooty area?
by Merlot Daruwala Mon Aug 19, 2013 1:36 am
Bingo! Thamizh film set was the first thought that crossed my mind. All it needs to complete the picture are stacks of painted pots and gaudily (but sparsely) dressed extras dancing around a hero in white pants and a heroine in an elaborate head-dress and garish two-piece "apsara" suit.goodcitizn wrote:If you look at it closely you'll know that it is window-dressed (as you'll see in movie sets) to appear attractive enough to shell out 75 lakhs. The window-dressing probably cost around 5 lakhs.Nila wrote:That place look nice
Merlot Daruwala- Posts : 5005
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Re: Anyone familiar with Ooty area?
by goodcitizn Mon Aug 19, 2013 1:59 am
Merlot Daruwala wrote:Bingo! Thamizh film set was the first thought that crossed my mind. All it needs to complete the picture are stacks of painted pots and gaudily (but sparsely) dressed extras dancing around a hero in white pants and a heroine in an elaborate head-dress and garish two-piece "apsara" suit.goodcitizn wrote:If you look at it closely you'll know that it is window-dressed (as you'll see in movie sets) to appear attractive enough to shell out 75 lakhs. The window-dressing probably cost around 5 lakhs.Nila wrote:That place look nice
goodcitizn- Posts : 3263
Join date : 2011-05-03
Re: Anyone familiar with Ooty area?
by MaxEntropy_Man Mon Aug 19, 2013 7:56 am
hahaha. glad to note a few changes over the decades -- the female in the item song is not as fleshy and the guy sports a six pack as opposed to a gut and a moustache.Merlot Daruwala wrote:Bingo! Thamizh film set was the first thought that crossed my mind. All it needs to complete the picture are stacks of painted pots and gaudily (but sparsely) dressed extras dancing around a hero in white pants and a heroine in an elaborate head-dress and garish two-piece "apsara" suit.goodcitizn wrote:If you look at it closely you'll know that it is window-dressed (as you'll see in movie sets) to appear attractive enough to shell out 75 lakhs. The window-dressing probably cost around 5 lakhs.Nila wrote:That place look nice
MaxEntropy_Man- Posts : 14702
Join date : 2011-04-28
Re: Anyone familiar with Ooty area?
by Merlot Daruwala Mon Aug 19, 2013 8:10 am
But that's only because this is not the REAL thing. It's an ersatz spoof from Bollywood.
Merlot Daruwala- Posts : 5005
Join date : 2011-04-29
Re: Anyone familiar with Ooty area?
by Propagandhi711 Mon Aug 19, 2013 9:34 am
why would you not buy land in hosur at 15 lakhs? I think the land their yields 30-35k per acre...unless the ones you are talking about are not fertile....that's 2% income which means they are priced better than lots of places in the country at this time. agricultural land will be become more and more valuble in the coming years
Propagandhi711- Posts : 6941
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