The trend of investing in cattle farms has increased by seven to 10%, primarily because of ROls in the region of eight to 11%. Another reason why cattle farms have captured Investor interest is because maintenance is inexpensive and little infrastructure is required to get a farm going; all that is required is a shed, a water tank and storage space.
To provide food for animals, a portion of the land can be used to grow crops.
The three areas where demand for property to establish cattle farms is increasing are:
Karachi
Located on the Karachi-Hyderabad Motorway, nearly 30 kilometers from the city Centre, vacant land is available to establish cattle Farms; a few cattle farms are already operating there.
Thanks to uninterrupted electricity and water supply and infrastructural developments, demand for property has increased by 10 to 12% in the last three years alone. Consequently, land prices are likely to increase by 12 to 14% in the forthcoming year.
Available plot sizes: 400, 800 and 1,000 square yards
Purchase price range: Rs 3,000-3,200 per square yard
Faisalabad
Several cattle farms are located on main Jhamra Road near the dry port in Faisalabad. Due to affordable land prices, demand for property increases by seven to eight percent every year. Facilities include water and electricity and proximity to the main market in Faisalabad.
Available plot sizes: 500, 1,000 and 2,000 square yards
Purchase price range: As 1,500.1,800 per square yard
Rawalpindi
The area known as Motorway Chowk near Al-Mazan Street has attracted considerable investment in land on which cattle farms can be established. The demand and value of property increase by seven to 10% every year and are likely to increase by a further seven to 11% in the next two years. Available plot sizes: 500, 1,000 and 2,000 square yards
Purchase price range: Rs 800-1,000 per square yard.
By Nimra Sajjad. Information Provided By Asad Rajani Owner of a cattle farm.
