FarmFraX - The Iris
- AVA00136Bhogganapura, Karnataka, India
FarmFraX - The Iris
- AVA00136Bhogganapura, Karnataka, India
Discover a unique investment opportunity with The Iris, a professionally managed farmland project located in the serene locale of Bogganapura, Bengaluru. This offering allows you to own a fraction of a meticulously cultivated 8.98-acre agro-forestry parcel, featuring a harmonious blend of coconut and teak trees, optimized for high-efficiency cultivation practices. Envision generating a consistent passive income stream while simultaneously benefiting from the long-term capital appreciation potential inherent in agricultural land ownership. The Iris provides a hassle-free investment experience, with expert management ensuring the health and productivity of your land, freeing you from the day-to-day responsibilities of farming.
Beyond the tranquility of the farmland, The Iris benefits from convenient access to essential amenities and transportation hubs. Educational opportunities are within reach, with Nanjanagud Polytechnic located just 26 km away. For daily needs and market access, Nanjangud Town is a short 28 km drive. Healthcare is readily available at Nanjangud Taluk Hospital, situated 27 km from the property. Travel is made easy with Mysore Airport accessible within approximately 55 minutes (40 km). Furthermore, connectivity is enhanced by the Beguru KSRTC Bus Stand (7.5 km, 16 mins), Nanjangud Railway Station (28 km, 45 mins), and convenient access to National Highway 766 (4.5 km, 15 mins), ensuring seamless connections to Bengaluru and surrounding areas. Invest in The Iris and cultivate a prosperous future rooted in sustainable agriculture and strategic location.
Property Details
- Micro-market
- Bhogganapura
- Configuration
- Farmland
- Plot Area
- 391,168 sq ft
- Property Type
- Fractional Investment
- Built-up Area
- 391,168 sq ft
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Construction Started
Expected Completion
To be announced soon
Available Properties
Project variants for under-construction developments - unit types, sizes, starting prices and possession dates.
Inventory Type
| Variant | Size | Starting Price | Possession | CTA |
|---|---|---|---|---|
| Fractional Farmland | 391,168 sq ft | Price on request | - |
Amenities
Other
- Capital appreciation
- Mini weather station
- Coconut and teak trees
- Automated fertigation
- Agro-forestry parcel
- Passive agricultural income
- Solar powered irrigation
Property Information
- Community: FarmFraX
- Project Name: The Iris
- Listing Price: ₹2.43 Cr
- List Date: Dec 28, 2025
- Listing ID: AVA00136
- Status: Under Construction
- Project Area: 8.98 acres
Legal Information
Indicative legal & tax information based on available documents; verify with your lawyer before transacting.
- RERA Applicable
- Yes
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
FAAB Invest Advisors Pvt Ltd is a Mysuru-based fractional-ownership investment platform, not a property builder. Its FarmFraX product offers shares in an agricultural land opportunity near Bhogganapura, Chamarajanagar district, Karnataka.
Location
Bhogganapura, Karnataka, India
- Airport: Mysore Airport - 40 km
- Railway: Nanjangud Railway Station - 28 km
- Highway: National Highway 766 - 4.5 km
- Hospital: Nanjangud Taluk Hospital - 27 km
- Bus Stand: Beguru KSRTC Bus Stand - 7.5 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| 9.4 / 10 | Bannerghatta National Park | National Park | October to June | 22 km |
| 9 / 10 | Nandi Hills | Hill Station | Sunrise | 61 km |
| 8.8 / 10 | Shivanasamudra Falls | Waterfall | Monsoon season (Jul-Oct) | 135 km |
Ownership costs
What owning this home costs
1Buying
The price, and how you pay for it.
2Running costs
What it costs to keep, every month.
Social Infrastructure
Key education, healthcare, and dining amenities near this property.