Siri
- AVA00415Penukonda, Andhra Pradesh, India
Siri
- AVA00415Penukonda, Andhra Pradesh, India
Siri by Mytan Farms offers a unique opportunity to own legally compliant, managed farmland in the fertile Penukonda corridor near Bengaluru, where sustainable living meets modern convenience. These meticulously planned plots feature professionally managed, three-layer farming of sandalwood, timber, fruit, and organic greens, ensuring both environmental preservation and potential financial returns. Residents can enjoy a wealth of amenities, including a dedicated club zone perfect for relaxation and community engagement. The property is conveniently located near essential facilities, with the Siddhartha Em Concept School and Penukonda Market both within 14 km, and Penukonda Hospital just 9 km away, ensuring access to education, shopping, and healthcare.
Connectivity is a key advantage, with Kempegowda International Airport accessible in approximately 150 minutes (125 km), the Penukonda Bus Stand and Railway Station both around 15 km away, and the Penukonda-Madakasira Highway a mere 4 km distance. Embrace a sustainable lifestyle with access to organic produce, rainwater harvesting, and a community focused on eco-friendly practices. With professional farm management handling all aspects of cultivation and maintenance, owners can enjoy a hassle-free experience and the potential for continuous income through tax-free agriculture returns on timber and organic produce. Invest in Siri by Mytan Farms for a future where nature, community, and financial growth flourish together.
Property Details
- Micro-market
- Penukonda
- Configuration
- Plot
- Property Type
- Managed Farmland
- Built-up Area
- 5 sq ft
- Status
- Under Construction
Project Timeline
Key milestones for this project, updated as the developer confirms them.
Project announcement
Booking Started
Development Started
Expected Completion
To be announced soon
Property Information
- Community: Penukonda, Andhra Pradesh
- Project Name: Siri
- Listing Price: ₹16.2L
- List Date: Dec 28, 2025
- Days on Market: 112
- Listing ID: AVA00415
- Status: Under Construction
- Project Area: 40 acres
- Security: CCTV, trained dogs & skilled farmers
- Pool: Communal Swimming Pool
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
- ConditionalYou can buy farmland, but the rules change from state to state.Agriculture sits on the State List, so the buyer test and the ceiling are set locally. Several states still sell agricultural land only to an existing agriculturist.
- What you actually hold
- You hold freehold agricultural title recorded in the revenue record, usually as an entry in the record of rights.
- Key rules and restrictions
- Agriculture is a state subject, so the buyer test and the ceiling differ from state to state.
- Several states still allow only an agriculturist to buy agricultural land.
- Ceiling limits cap how much you may hold across the family.
- Building on the land needs a conversion order changing the use from agricultural to non-agricultural.
- Funds and process
- Domestic funds. Cash consideration of Rs 20,000 or more is barred under section 269SS. The buyer deducts 1% TDS under section 194-IA where the consideration is Rs 50 lakh or more.
- Taxes
- Stamp duty on agricultural land is often lower than on built property, and some states charge a flat rate. Agricultural land outside the notified urban limits is not a capital asset, so a sale can fall outside capital gains tax altogether. Land inside those limits is taxed normally.
- Verify before you buy
- Read the record of rights, tenancy and crops entry for the last 13 years.
- Check the land is not inam, grant or assigned land with an alienation bar.
- Confirm the plot is outside the distance limits that would make it a capital asset.
Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in India before you commit.
Investment Information
- Capital Appreciation: 8%
Location
Penukonda, Bengaluru, Karnataka, India
- Airport: Kempegowda International Airport - 125 km
- Railway: Penukonda Railway Station - 15 km
- Highway: Penukonda-Madakasira Highway - 4 km
- Hospital: Penukonda Hospital - 9 km
- Grocery: Penukonda Market - 14 km
Nearby Attractions
Fine-grained ratings and travel times for popular spots nearby.
| Rating | Attraction | Type | Best Time to Visit | Distance |
|---|---|---|---|---|
| 8.6 / 10 | Penukonda Fort | Fort | December to April | 1.5 km |
| 8.2 / 10 | Gagan Mahal Palace | Palace | Daytime | 1 km |
| 7.2 / 10 | Kumbakarna Park | Park | October to February | 5 km |
| 9.4 / 10 | Veerabhadra Temple, Lepakshi | Temple | Morning | 49 km |
Investment Calculator
Calculate your EMI, returns and investment potential
₹10,561.04
per month
20 years • 8.5% interest • Fixed rate
₹11K
Monthly EMI
Investment Returns
8%
Expected ROI
0%
Rental Yield
Bank Interest Rates
Investment Summary
This calculator is for illustrative purposes only.
Rental Yield Calculator
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Net Rental Yield
3.9%
Monthly Income
₹5K
Rental Breakdown
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