Is farmland the best investment in Bengaluru?
Farmland is the best investment in Bengaluru today. Who can buy farmland in Karnataka? Until September 2020, agriculture land investment in Bengaluru was restricted under Section 79 A, B & C. Section 79 A of the Karnataka Land Reforms Act restricted individuals with non-agricultural income of Rs 25 lakh and above to buy agricultural land . Section 79(B) of the Karnataka Land Reforms Act that bars non-agriculturists from purchasing agricultural lands Section 79 (C) of the Karnataka Land Reforms Act that deals with penalty for falsely claiming eligibility to hold agricultural land. A historic move in September 2020, The Karnataka Legislative Assembly passed amendments to the Karnataka Land Reforms Act that liberalised farmland ownership. Since September 2020, anybody can now own farmland in Karnataka without any restrictions. Bengaluru is the fastest-growing metropolitan city in India and the fastest-growing tech hub in the world. As the population of the city grows,