- About Farmally
- Farmhouse construction and usage
- Farmhouse pricing
- Exiting from LLP
Farmally pool 12 individuals for co-owning farmhouse & enjoy peaceful possession of farmhouse with amenities.
each co-owner will be partner in LLP as per co-owner Share in Which the property will be registered.
- Options for location will be South, East, North & West Bengaluru.
- Options for Farmhouse will be Executive , Premium & Luxury
Yes, any individual can buy minimum of 1 and maximum of 4 co-owner share and get proportionate usage days and stake in LLP.
At farmally we bring a wealth of experience in farmhouse ownership to individuals who yearn for a deeper connection to nature. Our mission is to turn dream of owning farmhouse in to reality.
- Pool in individuals for farmhouse project.
- Legal Scrutiny of land.
- Formation and management of LLP.
- Coordinate and register the land.
- Coordinate and get all licenses and approvals from government agencies
- Appoint and manage staff namely cook & domestic help.
- Float tenders, appoint and monitor contractors and vendors related to interiors, amenities, furniture, electronics and landscape.
- Regular visits by concern for quality check from excavation till finishing.
- End to end Farmhouse management.
- Onboarding co-owners to app for reservations
- Assist and finalise in sale of the farmhouse after 5 years of its establishment as a part of model and equally distribute the appreciation benefits to the members of the LLP.
co-owning farmhouse provides financial relief, shared maintenance charges, with no management responsibilities, community support, security, legal compliances, in-house staff & management of farmhouse.
After registration of land in LLP, Farmally will be constructing and establishing the farmhouse and its amenities along with all the procurement of furniture, electronics, other machines and equipment’s.
Farmally will take 6 months to establish farmhouse with a buffer zone of 1 month.
No, all the decisions and implementations will be with farmally only.
Farmally being the competent in this industry. With its expertise the farmhouse will be managed by appointing proper staff. End to end management will be by farmally.
you will be allowed to use 30 days per year per co-owner share which is equally divided among weekdays and weekends.
6) What happens if I am not able to utilise fully or partly usage days, will they get carry forward?
No, any unexpired portion of usage days in a year will not be carried forward to next year. All unutilised days will be lapsed at the end of year.
co-owners will be onboarded to mobile app through which they can book their 30 usage days in a year.
the cost of repair or replacement has to be borne by the co-owner.
- Executive - 10 lakhs. (including farmland + farmhouse + maintenance for 5 years)
- Premium - 14 lakhs. (including farmland + farmhouse + maintenance for 5 years)
- Premium - 19 lakhs. (including farmland + farmhouse + maintenance for 5 years)
Yes, there will be fixed charges per annum per co-owner across different projects excluding raw materials utilised for the food. Which will be paid in advance In of block of 5 years.
- 5 years annual maintenance charge for executive project per co-owner is Rs.3,25,000/-
- 5 years annual maintenance charge for premium project per co-owner is Rs.4,00,000/-
- 5 years annual maintenance charge for Luxury project per co-owner is Rs.5,25,000/-
Food and Beverages Ingredients will be charged on actuals
Absolutely no, all charges are included in the annual maintenance charges.
No, you can’t sell.
After 5 years the farmhouse will be sold at market value and the appreciation benefits will be transferred to the co-owners through LLP.
FarmAlly proposes new project with new themes so that the present members can opt for.