GreenLakes Farmland
- AVA000946Bengaluru, Karnataka, India
GreenLakes Farmland
- AVA000946Bengaluru, Karnataka, India
GreenLakes Farmland Investment Opportunity lets investors co-own a diversified portfolio of demarcated farm plots near Bangalore through the Alt DRX platform. Plots are selected in emerging peripheral micro-markets around Bangalore and Hyderabad where peripheral urban farmlands have witnessed average annual price appreciation of 12-15%. The investment is structured as an LLP SPV (PGROP SERIES B0003 LLP) with clear-titled, professionally managed farmland assets. Investors purchase Alt.SQFT tokens starting from just Rs 950 per token, with a projected long-term price of ~Rs 2,777 per Alt.SQFT over 8-10 years.
Property Details
- Micro-market
- Bengaluru, Karnataka
- Property Type
- Fractional Investment
- Status
- Available
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Completion
Amenities
Outdoor
- Gated layout
- Access roads
- Water facilities
- Club house
Other
- Professional asset management
- Clear land title
- Demarcation of plots
Property Information
- Community: Bengaluru, Karnataka
- Project Name: GreenLakes Farmland Investment Opportunity
- Listing Price: ₹10 L
- List Date: Jun 24, 2026
- Listing ID: AVA000946
- Status: Available
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- Occupancy Certificate
- No
- Fire NOC
- No
Can you own this, and how?
Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.
I am buying as:
- Status
- Permitted, securities, not land
- What you actually hold
- This is not land law. In a fractional deal you almost always hold securities, either shares or debentures in a special purpose vehicle, an LLP interest, or units in a SEBI registered small and medium REIT. You do not hold the building. Your name does not appear on the title deed. The SPV or the REIT trust is the registered owner.
- Key rules and restrictions
- An unregulated fractional platform gives you no regulator to complain to if the sponsor fails.
- A small and medium REIT is regulated by SEBI, has a minimum subscription of Rs 10 lakh per investor and a scheme size of at least Rs 50 crore.
- A small and medium REIT must hold at least 95% of scheme assets in completed and revenue generating property.
- Exit depends on someone buying your share. A private SPV share has no ready market.
- Funds and process
- Domestic funds into the SPV or the REIT scheme. Read the shareholders agreement for the drag along, tag along and exit waterfall before you wire anything.
- Taxes
- Returns arrive as dividend, interest or rent share and are taxed by their character, not as property income. Gains on unlisted shares held over 24 months are long term. Units of a listed small and medium REIT follow the REIT taxation rules, so run the numbers with a chartered accountant.
- Verify before you buy
- Ask whether the vehicle is SEBI registered and get the registration number.
- Read the title report on the underlying asset, not just the brochure.
- Check who controls the decision to sell and on what majority.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in India before you commit.
About the developer
AJS Group is a Bengaluru-based team focused on managed farmland near Doddaballapur and Devanahalli, north of the city, with projects including GreenLakes Farmland and AJS Greenland. Company founding date and structure are not independently confirmed.
Location
Bengaluru, Karnataka, India
Ownership economics
Will this home pay for itself?
1Buy
What you pay to own it.
2Earn
What it brings in as a holiday rental.
3Grow
What it could be worth.