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Vanadurgi advices the public great deal of caution while purchasing properties from agriculture & hospitality related projects. An client contemplating in these offers should:
Understand the full impact of risk involved in the this kind of project. | |
Verify the antecedents of the promoters of project. | |
Check if they have sufficient background in agriculture, plantation activity. | |
Do not get carried away by promises of high returns, attractive informations. | |
Commercial agriculture always faces price fluctuations. | |
Agarwood is sensitive crop that only profitable if good technologies adopted. | |
Have a agreement of long term Agarwood solutions & purchase guaranty. | |
Examine credibility of promoter in the clarity of accounts. | |
Check that promoter is reliable for long term association. | |
Verify all land documents by well knowledged law firm. | |
Find out from government organisations about quality of land. | |
Know about agriculture technologies that will be implemented. | |
Have a well divined long-term management agreement. | |
Find out and purchase for realistic prices. | |
Purchase only if the promoter of such property is well known and reputed. |
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