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Goldengroves Agro Realty India Pvt Ltd 
www.goldenfruit.in 
 Generating Rs.5 lakhs from a 25 cents Plot: Possible or Impossible? 
 
The past few years has witnessed a steady decline in the land coming under ​cash crop                               
cultivation in Coimbatore​. Studies report a sharp two­thirds decline, which can be                       
attributed to several reasons, with labour shortage contributing as a major factor.                       
Smaller farms had disadvantage of mechanization costs being too expensive, resulting                     
in famers owning small bits of land selling them and looking for alternative sources of                             
livelihood. 
Statistics from the agricultural department show that over 3 lakh hectares were under                         
cultivation of cash crops like millets, corn, maize, cotton, sugarcane and paddy during                         
the 2000s. This vast agricultural belt has shrunk drastically to around 99,000 acres as                           
recently as 2013­2014. Of the chief cash crops in Coimbatore, millets were grown in                           
over 32,000 hectares spread out in several pockets in the district. Corn used to be                             
cultivated in not less than 80,000 hectares across Coimbatore, with the current area                         
shrinking to a26, 500 hectares. 
Cultivation of millets gained popularity again and there was a minor increase in                         
production. This sudden increase in demand can be attributed to several doctors                       
specializing in the treatment of diabetes advising people to reduce the intake of rice and                             
substitute it with the intake of millets. This resulted in an increase of almost 10,000 kg of                                 
Goldengroves Agro Realty India Pvt Ltd 
www.goldenfruit.in 
millets that were grown in the year 2013­2014. Today millets sold in the retail market                             
command a higher price compared to the earlier prices. 
Paddy too is an important crop as it is the staple food of Indians, especially South                               
Indians, for whom a meal is never complete without rice. However, paddy cultivation too                           
took a bad beating and the production dropped from 50 tonnes in the year 2000 to a                                 
mere 10 tonnes in 2014. Although modern agricultural techniques have helped the                       
farmers to increase yield per hectare, the overall acreage has dropped alarmingly. 
Cotton is cultivated as a major cash crop in the Coimbatore region as the predominantly                             
black soil is perfectly suited for cotton cultivation. However, due to various factors,                         
cotton which was cultivated in over 7,800 hectares in the 2000s had been restricted to a                               
mere 375 hectares, which is a drastic drop. So much so, the district’s textile mills are                               
forced to source the primary raw material cotton from the neighbouring states by paying                           
a much higher price. 
Under the current agricultural scenario, specifically with regards to ​cash crops in                       
Coimbatore, ​a few enterprising businessmen in Coimbatore mulled over the situation                     
and came out with a winning strategy that would change the fate of several people.                             
More importantly, this strategy, though related to cultivation, would benefit a                     
cross­section of investors who know nothing about the nuances of agriculture. They hit                         
upon a brilliant plan of looking for a perfect alternative to the existing cash crops, and                               
after intense research came to the conclusion that ​dates cultivation in Coimbatore                       
would be the best solution. 
One enterprising person amongst the group took the bold step of starting                       
Goldengroves Agro Realty India Pvt Ltd a company pioneering dates cultivation in a                         
region like Coimbatore, which was looked upon doubtfully by several people at first.                         
Eventually, the concept became very popular and there was a rush to buy the 25 cents                               
land on sale at very affordable prices. The investors got a fantastic deal as the planting                               
and growing of dates was taken care of by the company itself. Another major advantage                             
is that the prices of dates are always stable with hardly any fluctuation. Moreover, they                             
had to just invest and wait for the bumper harvest, which was guaranteed by the experts                               
Goldengroves Agro Realty India Pvt Ltd 
www.goldenfruit.in 
who were in charge of taking care of the farm and were responsible for maintaining the                               
farm till it yielded good quality dates. 
Today the vast plots of well­maintained date palms have started yielding fruits. The                         
savings in the transportation cost helps the promoters get better prices for the dates                           
(which are bought back under a buy­back arrangement) on behalf of the investors.                         
Moreover, the farms are actually modern resorts that double up as ideal holiday resorts.                           
The people buying the plots can spend an enjoyable vacation and take advantage of the                             
amenities like the swimming pool, clubhouse and comfortable accommodation that are                     
exclusively meant for the comfort of the investors who chose to put their money in profit                               
generating dates cultivation. Today ​dates cultivation in Tamil Nadu ​has been given a                         
new meaning, and has emerged as the perfect cash crop in the Coimbatore region. 
 
 
 
 

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Generating rs.5lakhs from a 25cents plot possible or impossible (1)

  • 1. Goldengroves Agro Realty India Pvt Ltd  www.goldenfruit.in   Generating Rs.5 lakhs from a 25 cents Plot: Possible or Impossible?    The past few years has witnessed a steady decline in the land coming under ​cash crop                                cultivation in Coimbatore​. Studies report a sharp two­thirds decline, which can be                        attributed to several reasons, with labour shortage contributing as a major factor.                        Smaller farms had disadvantage of mechanization costs being too expensive, resulting                      in famers owning small bits of land selling them and looking for alternative sources of                              livelihood.  Statistics from the agricultural department show that over 3 lakh hectares were under                          cultivation of cash crops like millets, corn, maize, cotton, sugarcane and paddy during                          the 2000s. This vast agricultural belt has shrunk drastically to around 99,000 acres as                            recently as 2013­2014. Of the chief cash crops in Coimbatore, millets were grown in                            over 32,000 hectares spread out in several pockets in the district. Corn used to be                              cultivated in not less than 80,000 hectares across Coimbatore, with the current area                          shrinking to a26, 500 hectares.  Cultivation of millets gained popularity again and there was a minor increase in                          production. This sudden increase in demand can be attributed to several doctors                        specializing in the treatment of diabetes advising people to reduce the intake of rice and                              substitute it with the intake of millets. This resulted in an increase of almost 10,000 kg of                                 
  • 2. Goldengroves Agro Realty India Pvt Ltd  www.goldenfruit.in  millets that were grown in the year 2013­2014. Today millets sold in the retail market                              command a higher price compared to the earlier prices.  Paddy too is an important crop as it is the staple food of Indians, especially South                                Indians, for whom a meal is never complete without rice. However, paddy cultivation too                            took a bad beating and the production dropped from 50 tonnes in the year 2000 to a                                  mere 10 tonnes in 2014. Although modern agricultural techniques have helped the                        farmers to increase yield per hectare, the overall acreage has dropped alarmingly.  Cotton is cultivated as a major cash crop in the Coimbatore region as the predominantly                              black soil is perfectly suited for cotton cultivation. However, due to various factors,                          cotton which was cultivated in over 7,800 hectares in the 2000s had been restricted to a                                mere 375 hectares, which is a drastic drop. So much so, the district’s textile mills are                                forced to source the primary raw material cotton from the neighbouring states by paying                            a much higher price.  Under the current agricultural scenario, specifically with regards to ​cash crops in                        Coimbatore, ​a few enterprising businessmen in Coimbatore mulled over the situation                      and came out with a winning strategy that would change the fate of several people.                              More importantly, this strategy, though related to cultivation, would benefit a                      cross­section of investors who know nothing about the nuances of agriculture. They hit                          upon a brilliant plan of looking for a perfect alternative to the existing cash crops, and                                after intense research came to the conclusion that ​dates cultivation in Coimbatore                        would be the best solution.  One enterprising person amongst the group took the bold step of starting                        Goldengroves Agro Realty India Pvt Ltd a company pioneering dates cultivation in a                          region like Coimbatore, which was looked upon doubtfully by several people at first.                          Eventually, the concept became very popular and there was a rush to buy the 25 cents                                land on sale at very affordable prices. The investors got a fantastic deal as the planting                                and growing of dates was taken care of by the company itself. Another major advantage                              is that the prices of dates are always stable with hardly any fluctuation. Moreover, they                              had to just invest and wait for the bumper harvest, which was guaranteed by the experts                               
  • 3. Goldengroves Agro Realty India Pvt Ltd  www.goldenfruit.in  who were in charge of taking care of the farm and were responsible for maintaining the                                farm till it yielded good quality dates.  Today the vast plots of well­maintained date palms have started yielding fruits. The                          savings in the transportation cost helps the promoters get better prices for the dates                            (which are bought back under a buy­back arrangement) on behalf of the investors.                          Moreover, the farms are actually modern resorts that double up as ideal holiday resorts.                            The people buying the plots can spend an enjoyable vacation and take advantage of the                              amenities like the swimming pool, clubhouse and comfortable accommodation that are                      exclusively meant for the comfort of the investors who chose to put their money in profit                                generating dates cultivation. Today ​dates cultivation in Tamil Nadu ​has been given a                          new meaning, and has emerged as the perfect cash crop in the Coimbatore region.