Tuesday, March 21, 2023 7:57PM
Bengaluru-based proptech startup Greenlakes has launched a blockchain-based solution for its second home project – Greenlakes Farmlands – making it the first Indian company to use blockchain solutions for owning farmlands or second homes away from the city
“We are thrilled to be the first company in India to use the power of blockchain technology in the farmland and farmhouse industry,” said Almas Johari, Greenlakes’s CEO, an alumnus of IIM Bangalore. “Our goal is to provide our customers with an enhanced buying experience and increased transparency throughout the entire process, from registration to construction to farming. Blockchain technology will enable us to achieve this goal by providing an unalterable record of every transaction, ensuring transparency and security for our customers,” Almas added.
Almas further added, “We believe that blockchain technology is a game-changer for the farmland and farmhouse industry, and Greenlakes is excited to be at the forefront of this revolution.”
The flagship project located on the Bangalore Doddaballapur-Hosahalli Road spans approximately 100 acres of pristine farmland nestled in the midst of lush greenery surrounded by mountains, valleys and an inland natural stream within the farmland. Greenlakes Farmlands offers the serenity of nature and yet comes with all the necessary amenities including a Clubhouse, Kids Play area, Swimming Pool, Library, Yoga and Meditation spaces amongst others.
Each plot is marked with a ready irrigation line connected to it and the entire land is fully secured with fencing and features a roadway and pathway for walking. Buyers have the freedom to choose what they want to grow, and the Greenlakes team, with the support of certified experts, will take care of their crops using organic methods.