The Buyer will purchase the villa plot from Rajnish Estates.
The buyer will be the rightful owner of the Villa Plot. The registration will be done in the Buyer’s name.
In case the Buyer chooses to build the Holiday Home, Rajnish Estates will earmark a part of the villa plot (e.g. 1200 square feet) for the same.
The Buyer can choose to enter into an agreement to Lease the remaining Villa Plot land to Rajnish Estates for a period of 20 years to establish and maintain an Indian Sandalwood, Rosewood and Agarwood plantation.
Rajnish Estates will undertake all plantation management and maintenance services for the project. The Project is expected to finish in 20 years, when 100% of the Trees will be harvested. The Agarwood plantation will be harvested in 10 Years, Sandalwood plantation in 15 Years and Rosewood plantation will be harvested in 20 years.
Rajnish Estates will harvest, market and sell the yield at market price on offer at the time and the revenue will be divided equally between the Buyer and Rajnish Estates.
The Buyer will:
- Purchase and own the Villa Plot from Rajnish Estates.
- Choose to earmark a part of the Villa plot for their holiday home and Landscaping.
- Lease the remaining Villa Plot Land to Rajnish Estates and engage Rajnish Estates to establish and maintain an Indian Sandalwood, Agarwood and Rosewood plantation.
- Engage Rajnish Estates to harvest, market and sell the yield at market price on offer at the time.