Prakruthi Living Estates

- AVA00442

Sakleshpura, Karnataka, India

Price: ₹51.18 LSq. Ft.: 21,780/Sq. Ft.: ₹235/sq ft
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MANAGED FARMLANDListed by Avacasa
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The project presents a unique opportunity to own managed farmland in the serene landscapes of Sakleshpur, directly overlooking the tranquil Hemavathi Reservoir. These exclusive plots, each half acre or more, offer a harmonious blend of agricultural investment and luxurious living. Each plot includes a designated site ready for the construction of a private home, allowing residents to design their dream retreat amidst the verdant surroundings. The estates are thoughtfully developed for the cultivation of coffee, pepper, and timber crops, providing a sustainable and income-generating agricultural venture.

Residents of Prakruthi Living Estates can enjoy a wealth of estate amenities designed to enhance their lifestyle and promote a sense of community. Embrace sustainable living practices while benefiting from the professional management of the farmland, ensuring optimal yields and environmental stewardship. Essential amenities are also conveniently accessible, with the Bigathur Village Market just 6 km away for daily needs. For educational needs, the Government School Sakleshpur is located 19 km from the property. In case of medical emergencies, Crawford General Hospital is 28 km away.

Connectivity is another advantage, with Mangaluru International Airport located 155 km away, accessible in approximately 210 minutes. For local travel, the Sakleshpur Bus Stand (20 km, 33 minutes) and Sakleshpur Railway Station (20 km, 34 minutes) provide convenient options. Furthermore, the Coorg State Highway is a mere 2 km away, reachable in just 8 minutes, ensuring easy access to surrounding areas and beyond. Prakruthi Living Estates offers an unparalleled opportunity to invest in a sustainable future, build a dream home, and enjoy the tranquility of rural living without sacrificing modern conveniences.

Property Details

Micro-market
Sakleshpura, Karnataka
Property Type
Managed Farmland
Built-up Area
3,000 sq ft
Status
Available

Project Timeline

Key milestones for this project, updated as the developer confirms them.

Project announcement

Booking Started

Development Started

Completion

Property Information

  • Community: Sakleshpura, Karnataka

  • Listing Price: ₹51.18 L
  • List Date: Dec 28, 2025
  • Days on Market: 240
  • Listing ID: AVA00442
  • Status: Available

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, no agriculturist test
What you actually hold
  • You hold freehold agricultural title recorded in the record of rights and the pahani.
Key rules and restrictions
  • Karnataka repealed sections 79A and 79B in 2020, so a non-agriculturist may now buy agricultural land in the state.
  • Ceiling limits still apply and were raised to 20 units for a family or an individual.
  • Inam land, grant land and land allotted to a scheduled caste or scheduled tribe grantee carry alienation bars that survive the 2020 amendment.
  • Building on the land needs a conversion order under the Karnataka Land Revenue Act.
  • Sales that breached the old sections 79A and 79B before 2020 were not all cured, so an old defect can still sit in the chain.
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 in Karnataka is 5% above Rs 45 lakh, 3% between Rs 21 lakh and Rs 45 lakh and 2% below Rs 20 lakh, plus 1% registration fee and a cess. Agricultural land beyond the notified distance from a municipality is not a capital asset, so a sale can fall outside capital gains tax.
Verify before you buy
  • Read the RTC or pahani for the last 30 years and match every mutation entry.
  • Run a check for inam, grant and Bhoodan tenure in the village record.
  • Confirm the ceiling position for the whole family, not just the buyer.
  • Check whether the land falls inside a green belt or an approved planning authority zone.

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

Sakleshpura, Karnataka, India

Investment Calculator

Calculate your EMI, returns and investment potential

₹33,313.347

per month

20 years • 8.5% interest • Fixed rate

6%12%

₹33K

Monthly EMI

Principal & Interest
₹33K
Property Taxes
₹4K
Maintenance
₹10K

Investment Returns

8%

Expected ROI

0%

Rental Yield

Bank Interest Rates

SBI8.40% – 9.65%
HDFC8.60% – 9.50%

Investment Summary

Total Investment₹51.18 L
Down Payment₹12.80 L
Loan Amount₹38.39 L

This calculator is for illustrative purposes only.

Rental Yield Calculator

Calculate potential returns on rental property investments

How much do you want to invest?

₹51.18 L
₹1,000
25%
30%

Net Rental Yield

1.2%

Monthly Income

₹5K

Rental Breakdown

Total Investment₹51.18L
Gross Annual Rental₹0.91L
Management Fee- ₹0.27L
Net Annual Rental₹0.64L
Gross Yield1.8%
Net Yield1.2%
Payback Period80.1 years

This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.

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