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.
The buyer can build his Holiday home in half acre or along with an Agarwood Plantation.
In case the Buyer chooses to build the Holiday Home, Rajnish Estates will earmark a part of the villa plot (e.g. 5000 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 10 years to establish and maintain an Agarwood plantation.
Rajnish Estates will undertake all plantation management and maintenance services for the project. The Project is expected to finish in 10 years, when 100% of the Trees will be harvested.
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 Agarwood plantation.
- Engage Rajnish Estates to harvest, market and sell the yield at market price on offer at the time.