The exact cost of agricultural land can fluctuate depending on specific regions and the land characteristics. My grandfather used to own one back in the 90s and recently, we were discussing the cost of 1 acre agriculture land price in Karnataka when I found that on an average; it ranges between Rs. 30 lakhs to Rs. 40 lakhs in 2024. However, it can differ based on various factors as location, land use, soil quality, etc.
What is the Cost of 1 Acre Agricultural Land in Karnataka?
If you’re thinking of buying agricultural land, here are some factors you should know that affect the cost.
Location: Lands near urban cities like Bangalore or well-connected areas tend to have higher costs because of its accessibility to transportation and city lifestyle.
Soil Quality: Fertile soil like black soil and red soil can drive up the costs because most land buyers prefer high-quality soil, which leads to more demand.
Water Access: Another factor could be the availability of natural water sources or irrigation options, which may increase the land value.
Land Use: Uncultivated lands are less-expensive as compared to lands suitable for high-value crops.
Government Regulations; Some areas have legal constraints and I learned that government regulations such as restrictions on non-agriculturists purchasing land can significantly affect the land value.
Infrastructure: If a land is well-connected to roads, markets, and other amenities of the city, the cost will be higher.
So, the cost may vary depending on the above factors. However, I recently came across the cost breakdown in a few regions in Karnataka, so sharing them below.
Area | Price |
Davangere | Rs. 15 lakhs - Rs. 45 lakhs |
Kunigal Rural | Starts from Rs. 70 lakhs |
Rampur Village | Starts from Rs. 20 lakhs |
Devanahalli | Rs. 1 crores - Rs. 2.8 crores |
Hubli | Starts from Rs. 2.2 crores |
I hope that helps.
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What is the cost of agriculture one acre land in karnataka?
Rajesh
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2020-11-06T10:01:31+00:00 2020-11-11T16:54:19+00:00Comment
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