There's another post somewhere about farmlands. Be sure to check it out or else you might end up buying useless property. With the food crisis and farmer suicides, it is unlikely that Maharashtra govt will release farmland for housing/industrial development. And until that happens, there's no chance that the said property's price will rise. And in case it was a politician-land owner nexus, why would the present owner sell you land that he knows is going to appreciate.
Disclaimer: these are my opinions.
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