These days, we also find farmhouses planned and constructed with one or two stories. Over time, as the city of Nawabs got more built-up, farmhouses began to be seen as second homes and weekend getaways, where substantial open space was available.
"The category of people quite visible in investing in a farmhouse is the ones who already have homes, and invest for the reason of having a second home or luxury purposes,"
"Today, when people spend in buying a farmhouse, it is entirely as per their need and choice. Also, as buying land outside city is cheap, it is converted into a farm house by fencing the area and installing a gate to secure the land."
"The concept of farmhouses is famous in Rural Bangalore. It initially did not work, but slowly it picked up and nowfarm houses are selling like hot cakes."
There is a sudden rush or surge in investments on farm houses due to cramped surroundings of modern urban India. People prefer farmhouses to experience comfort in a second home, wherein they can also discover the joys of a country life.
With the changing trends and market dynamics of real estate sector, people believe in investing in areas that are cheaper in comparison to land available in urban areas.
Talking about the price bracket, Bhalla, says, "The price range varies as per the areas. The prices on the main road are higher than the areas that fall in the interior of the main road.
The land buying options are aimed towards having a spacious and comfortable house. Farmhouses today host a new subculture for India's lifestyle conscious and wealthy class of people.
Farmhouses are not just being used for residential purposes, but some owners today, are also using it for commercial purposes. Renting it out for wedding parties, corporate events, etc. is the current trend.
People, who owns a Farmhouse says "I find myself a privileged one for having a farmhouse. Since, at times due to work load, it becomes difficult to take the family away from the city. So, on weekends, we come to our farmhouse, wherein the kids gather with their cousins, enjoy swimming, party hard and also enjoy the greenery all around. In fact, going to office from my farm house is only refreshing, as I feel more energized after a two day stay here."
As an investment option, any day, a farmhouse has its intrinsic value intact and appreciation of value as lucrative as land within city, or marginally less. The owner has the luxury of part disposal of larger chunk of farm land. It gives the farm owner flexibility of retaining the essentials and disposing extra unused for better ROI (Return on Investment).
But before investing in a farmhouse, one must look in for some valid points, so as to buy from the right hands in a secured fashion.
"It's important to check if the land is fertile; the notation or the registry papers should be checked to know the land's authentication."
The township concept where there are many farmhouses is always better due to security reasons. One must check if the land has wall fencing, if there are good roads near the land, availability of water and power, the distance of the farmhouse from one's home in the city should be enough for the farmhouse to be in a lush and peaceful area.
"Further, the area for a farmhouse should be at least 2000 sq feet or above,"
days, it is easier to set up a farmhouse than a second home within a city as land is cheaper outside rather than within the city. In this regard, due to the increasing land prices, people who can afford to buy land prefer these days to invest in a second home as it is another asset for them.
Discover the delights of magnificent views, unwind and relax in absolute privacy, the sweet sounds and smells of nature. If you really want to immerse yourself in true outback life, think of buying a house with a farm!