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sandal farming in Joint venture (12 acre in tamilnadu)

Sandalwood is the most valuable tree. When it is scientifically cultivated, every tree gives Rs 75000 worth of sandalwood in fifteen years.

Even with sufficient funds, it is not easy for an individual to embark in sandal wood cultivation because:
1. In small scale units, the protection cost will shoot up.
2. It is extremely difficult to individually supervise the cultivation and growth during heartwood seasons.
Keeping this in mind, joining hands with likeminded members, Eureka purchased the land for this joint venture.

Important Aspects


2.1 It will be a good insurance, if we plant hosts like Rosewood which will also give good returns, of course after a long period.

2.2 With the plan to start sandalwood cultivation in Joint Venture, Eureka Finance Ltd., as a long term investment has purchased 13 acres of land near the western ghat at Madukkarai

2.3 Eureka will take 16 like minded individuals to divide risks and returns on cluster system

2.4 ½ acre out of the 12 acres of land will be registered in the name of each member selected on First Come First Served basis.
2.5 For Land, sandal and rosewood cultivation, depending upon the scheme, You may join in any one of the following three. Details in Eureka Groups
2.6 After allotting the area for road and workers quarters, the company will plant 12 acres of sandal wood with the host plant and rose wood at an appropriate time.

2.7 Borewell with EB line, Irrigation tank and trench around the land are already completed.

2.8 Electric fencing, employee quarters, drip irrigation, water tank and farm house take the first phase in the very first year of operation.

2.9 Electronic and armed security, 24 X 7 vigilance with our employees will start from 7th year onwards and it will be beefed up in the later years.

2.10 After 15 years, sandalwood trees which are declared fit by forest department will be harvested. However, rosewood will not be disturbed and passed on to the owner.

2.11 At the time of every harvest the yield in proportion to every unit (1/24th ) will be calculated and handed over to the members. Except the investment mentioned above in the table, the company does not require the member to pay any amount either for trees or for security. The company will deduct 20% of the yield towards expenses and security only at the time of disbursement of harvest proceedings.

2.12 The rosewood trees are provided as bonus to our members As soon as the company receives advance from 16 members, for security reasons, all strategic details of the scheme will be withdrawn from Eureka Groups. The company will contact the members of the Joint venture directly and convene the meetings as and when required.

3.Approximate income of a member in ESR PROJECT

3.1 ½ acre agricultural land is registered in their name which is just 2 kms from NH 47.
3.2 After 15 years, 60% income from sandalwood tree - Income tax free agricultural income- is given.
3.3 Established 25 rosewood trees in the members land are handed over.
3.4 Members can stay in the company’s farm house on mutually convenient days.

Contact Mr.Arjun 09894 344 344
Land in video, brochure and scheme details etc
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