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If you already have an apartment of your own in the city and are looking to park your surplus funds into real estate, it would make sense to think about investing in farmland. It may not give you immediate returns on your investment but in the long run, depending on the location of the land, your returns may be much higher than anticipated, under certain conditions, of course.
Selecting the location of the farmland is as important as buying it. The land should be probably around 20 – 25 kms out of the city limits and has a possibility for development due to city expansion. If the land is near a main road or the highway, chances are that development will arrive quicker than you think. Also, you must examine the feasibility of industries coming up in the area, in the future. When this happens, you are sure to hit a bonanza with the land price, especially if your land is converted from agricultural to residential.