[ecis2016.org] A farmhouse is a kind of property in an agricultural setting, which is used for residential purposes
In the past few decades, there has been a trend among urban investors, to own a piece of land in the rural areas and convert them into vacation homes with lots of greenery and landscaping around. As the vertical expansion of buildings in metropolitan cities, leaves little space for greenery and open spaces, the demand for such housing options has increased and people have actively started to invest in land in remote areas. A farmhouse is one of such housing type, which allows the investor to own a land and a vacation home amid greenery.
You are reading: What is a farmhouse?
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What does a farmhouse mean?
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A farmhouse is a kind of property in an agricultural setting, which is used for residential purpose. Usually surrounded by a farm or a garden, such properties are also used as vacation homes with rural flavour. Generally, farmhouses are spread on a huge chunk of land with front porches. Depending upon the available land, farmhouses can be one or two storeys and are often used as second homes or weekend getaways.
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What is the use of a farmhouse?
A farmhouse is a real estate investment with huge appreciation potential. Moreover, with land being a valuable asset, the owner has the luxury of disposing of a part of this land when in need of liquidity. Such investments also give owners the flexibility of managing their investment and selling it when they can get better returns on the investment. Apart from this, in the northern parts of India, farmhouses are not just being used as second homes but some owners today, are also using it for commercial purposes for wedding parties, corporate events, etc.
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Things to know before investing in a farmhouse
- Check if the land you are buying is fertile. The registry papers should have all information about the land, type of soil and crops grown on the land, etc.
- Ensure that your land has a property wall fencing. Also, check for other facilities such as water availability, electricity connection and distance from the main road, as most people prefer their home in a lush and peaceful area.
- The agricultural or farmland you are buying should have government approval for sale, as the absence of this can create issues at later stages. Also, not all states allow the sale of farmlands to non-farmers. This should be checked beforehand, to avoid last-minute hassles.
- When buying a farmland, it is also essential to check the amount of taxes applicable. There may be different tax rates applicable for various types and sizes of farmhouses and farmlands.
- Further, make sure you understand the limits of the property lines by looking at the land records. Also, if the farmhouse is zoned only for cultivating crops, it may not be used for raising livestock on it. It is important to verify these points.
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Is permission required to construct farmhouse on agricultural land?
Legally speaking, one cannot construct a house on agricultural land. The rules for the same differs from one state to another. One may have to apply for CLU (Change of Land Use) from the department concerned for the conversion of the agricultural land for residential purposes and building a house.
In Karnataka, farmhouses can be built on agricultural land, of size not more than 10% of the landholding, according to the Karnataka Land Revenue Act. Moreover, the farmhouse must be for self-use only or for residential purposes by family members, dependents, and servants. Farmers can use the property for agricultural activities, keeping agricultural products and tethering cattle.
FAQs
What makes a house a farmhouse?
In simple words, homes built on agricultural land are called farmhouses.
How do you maintain a farmhouse?
It is easy to maintain a farmhouse if you can keep security guards for round-the-clock safety and construct a wall fence.
Can a farmhouse have a swimming pool?
Yes, a farmhouse can have a swimming pool, provided it is allowed by the local authorities in the region’s construction rules and approval for the same has been obtained.
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Category: Lifestyle
