Even large cash deposits under ₹2 lakh — which would normally require a PAN — get explained away with claims of “passersby” buying fruit in cash.

A new kind of real estate boom is taking shape — and it’s not in luxury condos or gated villas, but in quiet stretches of farmland just outside India's metros. From Karjat to Coonoor, a surge of wealthy Indians are buying up farmhouses. But this isn’t about organic living or countryside charm. As investment banker Sarthak Ahuja explains in a striking LinkedIn post, it’s about taxes — or more precisely, avoiding them.

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Via businesstoday.in