Generally, for agri purpose, we prefer purchase of suitable agri lands ( if only for agri purpose ), on sub interior roads, reasons are… Will be at low cost .
We should prefer lands at a distance with in 100 kms from any city, as they will be at low cost.
Lands should be within 1 hr journey reach, even interior, as we can market our produces in good condition, so that we can get good money. If the lands are at more than 100 kms, from any city, it is difficult to get premium prices.
In my personal opinion, the agri lands costing more than rs 5 lakhs per acre, may not be good to be preferred.
Upto to my knowledge, we can get lands at less than 5 lakhs per acre, with in 100 kms in and around hyderabad.
I have bought cheap land which meets first 3 conditions. I started developing it in Jan 2013. It took me 2.5 years to create the infrastructure. If I include cost of infra development (money and time, which is also money) then it was not really cheap land. But the experience of this journey is priceless. I will do it again.
If you have clear plan of what you want to do with the land then I would say go for it.
Regards,
Satish
Somewhere in western ghats surrounded by forest.