agent showed glossy brochure promising fixed buyback per sandalwood tree after some years, want to know if it is safe to invest
Is the company offering sandalwood buyback at fixed lakhs per tree genuine or a scam?
PPrashant6 महीने पहले · 248 व्यू
5 जवाब
🌾Farmer.in Krishi Teamविशेषज्ञ ✓6 महीने पहले
Be very careful. Sandalwood has one of the most common agri investment scams in India. A typical pitch promises a fixed buyback of several lakhs per tree after 12 to 15 years if you pay upfront for saplings, planting and maintenance on land you may never see. The red flags are a guaranteed fixed per tree price, advance collection of large sums, no clear answer on who owns the land, and silence on felling and transit permits. Heartwood weight and rates vary tree to tree and year to year, so no honest person can promise an exact future price. Before paying anyone, verify three things in writing. One, the land ownership and your legal right over the trees. Two, the felling and transit rules for sandalwood in that state, checked directly with the forest department. Three, whether the buyback is legally enforceable or just a brochure promise. If any of these is vague, walk away. It is safer to plant on your own registered land and treat sandalwood as a long term, uncertain bonus, not a guaranteed scheme.
AAmit Deshmukh5 महीने पहले
Same brochure reached our area too. When I asked who gives the felling permission they had no clear answer. I did not invest and I am glad.
SSandeep5 महीने पहले
Rule of thumb my father taught me, if someone guarantees fixed lakhs years in advance and wants money now, it is usually a trap. Real farming never gives fixed promises.
YYogesh Patil4 महीने पहले
I almost paid for a 5 acre managed plantation far from my home. Then I realised I would never even see my own trees. I backed out. If you cannot stand on your own land and touch your trees, do not put money in.
NNilesh4 महीने पहले
Ask them one plain question, who gives the felling permission and transit pass and on what terms. The genuine ones can answer, the scamsters change the topic.