The Farmers Who Built a Billion-Dollar City: The Magarpatta Story
In 1993, 120 farmers in Pune faced a choice: sell their ancestral land to greedy developers or lose it to urbanization. They chose a third way. Led by Satish Magar, they pooled 400 acres of family-owned fields to create Magarpatta City, a 6-million sq ft IT powerhouse. Instead of taking a one-time payout, these farmers became shareholders, entrepreneurs, and the true owners of a private township. Today, this model stands as the ultimate blueprint for urban development in India, proving that farmers can lead the digital revolution without losing their roots. Is the Magarpatta model the solution to India’s land acquisition crisis?
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[Magarpatta City, Satish Magar, Pune Real Estate, Indian Farmers, Success Story, Land Pooling, Urban Development, Startup India, Private Township, Farmers of India, Magarpatta Model, Real Estate Case Study, Smart City India, Infrastructure Development, Land Rights India]
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