Project
Each plot in the project is measuring 11 guntas. The plot is having clear demarcation and fencing respectively. There is 20 feet wide road to access each plot of the project. Name placard of each plot owner helps in easy identification for the plot owners. There is a plantation of Mahogany, Red Sandalwood and Agarwood trees in each plot. To supply timely adequate water drip irrigation system is implemented in each plot. As we nurture our child same way Balaji developers is nurturing every plot. Right from digging of pits, adding fertilizers to the soil, tree plantation, water management, harvesting, protection, hygiene and all the maintenance required for the trees is taken care by Balaji developers. Black pepper will be taken as intercrop after three years of plantation of primary trees. The earnings gained from the primary crop and the intercrop will be shared between the plot owner and Balaji Developers as per the agreement.
Instead of tree cultivation if the plot owner is willing to build a farm house, the provision for the same will be provided as per the Government guidelines.
Commercial Tree Planting
Commercial tree planting is the signature feature of Kokan Vaibhav Project. The business of planting trees is going to be one of the biggest opportunities for the investors to get good returns. Mahogany, Red Sandalwood and Agarwood are primary trees to be planted in the project as a part of commercial tree planting. It takes almost 15 years from planting to get matured enough for harvesting of these trees.
Significance of each tree taken for commercial planting:
Mahogany
- Mahogany grows straight and up to 30-50ft tall in 15 years.
- The timber from Mahogany is very strong and durable.
- It is resistant to termites.
- This wood is also resistant to water decay and can stay in water for almost 100 years. This is the reason this wood is majorly used in ship building.
- Furniture and artifacts are also made from this wood.
- There is a great demand of this wood in India; even today almost 75% of the need of Mahogany is fulfilled by imports.
Earnings
30-40 cu. ft timber can be yielded from a single Mahogany tree. As per today’s market value the rate of each cu. ft is ranging from Rs.2000/cu. ft- to Rs. 2500/cu. ft. Hence, an average income of Rs.50000/- can be earned from a single Mahogany tree.
Red Sandalwood
- Red sandalwood has got a great significance in Ayurveda. It is used to treat ailments.
- Different medicines used to treat joint pain have content of this wood.
- This wood is also used in cosmetics like facial cream and many other beauty products.
Earnings
From one Red Sandalwood tree approximately 30-100kg of saleable timber is yielded.
As per the current market price one kg of this wood is sold at Rs.3000/kg to Rs.15000/kg depending on its grade. Thus, each Red Sandalwood tree can help in earning approximately Rs. 100000/- of income.
Agarwood
- Oil is extracted from the inner side of trunk of the tree.
- This oil is used to make very high quality expensive perfumes and attars.
- Due to this reason this wood is in great demand in the gulf countries.
- This wood has wide application in the perfume industry.
Earnings
From one Agarwood tree approximately 10-15kg of saleable timber is yielded.
As per the current market price one kg of this wood is sold at Rs.10000/kg to Rs.15000/kg. As a result, each tree can help in earning approximately Rs. 100000/- to Rs.150000 of income.
In 11 guntas of each plot 30 Mahogany trees, 30 Red Sandalwood trees and 30 Agarwood trees are planted. So from the total 90 trees almost Rs. 50 lakhs to Rs. 70 lakhs income is expected. This income will be distributed among the plot owner and Balaji developers as per the agreement.
UPCOMING FEATURES OF THE PROJECT
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