Agricultural Land 965 Acre for Sale in Madikeri, Kodagu

Listing ID #696996

Coffee Estate cum Rubber estate going to sell at reasonable price in Madikeri, Karnataka. Total Extent 958 Acres 850 Acres owned by Pvt ltd Companies, remaining by individuals. Entire property is dealt with single person. The property is suitable for coffee, rubber and pepper plantation. However the property is not maintained for 20+ years. The property is located 12 Kms fromBhagamandala, on the main road connection Kerala.Out of which 445 Acres has permission for rubber plantation. i.e in order to plant rubber in this 445 acres, we will get the permission to cut the trees here which is worth 70-80 Cr. Well maintained coffee plantation in this area costs about 22-40 lakhs per acre. However this property is going for a very cheap price of about 6.5 lakhs per acre. Plenty of water sources are available here which makes this property suitable for agricultural purposes.Also, this is suitable for Resorts, Retreates, Schools, colleges and hospitals. Many water streams and small rivers flow thru this property. The property has a scenic beauty of views of western ghats. Talakaveri - the birth place of river kaveri lies here. This property is for sale for 65Cr. A 1000 Acre resources rich property for a meager amount of 6.5 lakhs per acre is what makes this property attractive for investors. If this property is purchased and new rubber and coffee is planted, one can expect a tremendous income in just 5 years for a long term. Also, Companies like Tata will take over the estates if maintained properly. The investor can take back his investment by selling the timber of 445 acres in a very short period. For further details contact us.