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Tree Farming Goldmine: Invest Rs 200 In This Plant, Earn Rs 1 Lakh In Return!

Tree Farming Goldmine: Invest Rs 200 In This Plant, Earn Rs 1 Lakh In Return!

News183 days ago
A modest mahogany sapling, purchased for just Rs 200, has the surprising potential to turn one into a millionaire within a few years. Mahogany wood is in high demand across international markets, earning it the nickname 'king of timber' due to its durability, rich reddish-brown hue, and water-resistant qualities. It is particularly valued for the production of premium furniture, musical instruments, shipbuilding materials, and decorative pieces. Its high market price abroad has led to it being referred to as a 'money tree'. Increasingly, farmers are cultivating mahogany in their fields, finding it far more lucrative than traditional crops and requiring comparatively little effort. (Local18)
At the Maa Sati Dakshayani Temple in Ratanada, near the Badmer district headquarters in Rajasthan's border region, a mahogany tree is thriving despite extreme temperatures reaching up to 50 degrees Celsius. Currently, it stands at a height of 8 to 10 feet. Temple priest Vasudev Joshi has nurtured the sapling with care and dedication over the past three years. He views the tree as a form of future savings, likening it to a fixed deposit, and anticipates a significant return once it reaches full maturity in approximately 12 years. (Local18)
Beyond its timber, mahogany also holds medicinal value. Its seeds, leaves, and bark are used in the treatment of various ailments including cancer, malaria, diabetes, and diarrhoea. The leaves are also employed in the production of insecticides, soaps, paints, and mosquito repellents, while both seeds and leaves are key ingredients in certain potency-enhancing medicines. These diverse uses further add to the tree's overall worth. (Local18)
The sapling, now standing between 8 and 12 feet tall, was originally discovered by Joshi on Facebook, from where he ordered it online for just Rs 200. Importantly, this evergreen species can grow to an impressive height of 50 to 60 feet, maturing fully after around 12 years, at which point its valuable wood may be harvested. For those seeking a long-term, low-maintenance investment, mahogany offers an exceptional opportunity. (Local18)
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