Agricultural Land, which can be developed into a Retreat Centre and/or Ashram or used for cultivation purposes, is available for sale or lease on the Northwest side of Arunachala. The land is owned by a professional who works at Chennai and is thus looking to raise finances through his Tiruvannamalai land.
The land is in prime condition, has an bountiful source of spring water (around 60 feet deep), has been maintained very well and is in excellent condition.
Behind the land there are Hills (Government forest land) that can never be built upon or developed and are thus ideal for walking and treking. In front of the land there is a 250 acre water catchment reservoir which fills in the rainy season - so therefore can never be developed. The land will therefore maintain its integrity and not be spoilt by development either in front or back of it.
The proposal for the 7 acre land site is:
1) LAND SALE
Sale of 4 acres of the land (seller retaining the remaining 3 acres) at a price to be disclosed. The seller is not interested in delayed, prolonged or instalment payment for the land. The purchaser has to be prepared to pay the full amount immediately upon purchase.
-or-
2) LAND LEASE
Lease of 5 acres of the land (owner retaining the remaining 2 acres) by legal DEED for a term of UP TO 20 years (a further term can be negotiated) at a price to be disclosed. Every 5 years there will be a yearly rent increase of 20%.
We can supply photographs, exact pricing and additional details to people with a serious interest. OFFERS FROM PROPERTY DEVELOPERS AND/OR SPECULATORS WILL NOT BE ENTERTAINED.