Wanted your opinion on the price per sqft in Denkanikotai ( holiday valley )

Farm Questions
1

Hello,
I am planning to buy a half acre of land in Holiday valley which is managed by Agritech promoters. The current quoting price is 370 per sqft but I negotiated it down to 290 per sqft. Can experienced members please suggest if this is a decent price for managed farm ( Security , gated , water , electricity, roads )

2

Check the Fair Value of Land or Benchmark value of land as per State Govt Land Records and Registration site . The value of agricultural and and non-agricultural land are different . Agricultural land benchmark value is calculated per sq. mts basis and non-agricultural land per sq. ft basis .

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3

Thank you, the current government value is 140 per sqft for registration. It is an agricultural land.

4

For HolidayValley, the rate you have managed to get is quite good. But the actual rate depends on the location - how far it is from main gate, how many plots are already built in the area etc.

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5

Thanks Shajan, its quite far from the gate. I deliberately wanted at the very end of the fence not over looking other houses. Quite a few houses around but not a lot. how do you know about Holiday valley ? Any other tips or good to know about the property you are aware of ?

6

15 % can be added towards profit margin for promoters inputs ( boundary wall , Security guard , Irrigation , Access road etc. )

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