Project Alphonso
Confidential Information Summary: a 100-acre managed Alphonso orchard estate on the Konkan coast, Maharashtra, offered as 20 plots of 5 acres.
Executive summary
Project Alphonso is a coastal agricultural estate built around a GI-tagged mango variety. It is divided into equal plots, each with its own orchard, a mixed plantation and a farmhouse, and run by a central farm-management team.
The asset is a real-asset opportunity, not an operating company. A buyer underwrites land, plantation maturity and the right to the produce. This summary therefore leads with the land and plot schedule, and states plainly where financial and plantation data are not yet provided.
Participation is open through direct plot purchase, estate-level equity, a joint venture or a revenue-share partnership. No price has been set.
At a glance
This summary is built from management's investment teaser. It carries no audited or management accounts, no yield or price data, and no plantation age schedule. Every figure is a physical quantity from that teaser or a sum derived from it.
Statements on income, appreciation and stay rates are management's indications, not validated by the adviser and carry no weight in valuation until tested in the data room.
Investment highlights
Five features set the estate apart. Each is stated as a checkable fact, not an outcome.
Orchard-led land use
Four of every five acres carry GI-tagged Alphonso, the crop the income case rests on.
Four-crop mix
Coconut, cashew and arecanut share the mixed acre in each plot, so income does not hang on mango alone.
Infrastructure stated as in place
Perimeter security, internal roads, a dam-fed water pipeline, drip irrigation and grid power are listed as installed.
Land plus a built farmhouse
Every plot comes with a 500 sq ft farmhouse, which supports both personal use and short-stay rental.
Four ways in
A buyer can take whole plots, estate-level equity, a development joint venture or a revenue-share partnership, which widens the buyer set from individuals to funds.
Asset overview
The estate is a single contiguous development split into twenty identical plots. Each plot has the same composition, so one plot's economics scale directly to the estate.
Alphonso orchard
Four acres per plot of the GI-tagged Hapus variety, planted for domestic and export sale. Harvest runs March to June.
Mixed plantation
One acre per plot of coconut, cashew and arecanut, which the teaser describes as a year-round income layer.
Farmhouse
A 500 sq ft house on each plot, usable as a weekend home or a short-stay unit.
Farm management
An on-site agronomist and caretaker team handles cultivation, harvest, pest control and upkeep across all plots.
The schedule below gives the same split per plot and for the estate.
| Component | Per plot | Estate (20 plots) | Share of land |
|---|---|---|---|
| Alphonso orchard | 4 acres | 80 acres | 80% |
| Mixed plantation | 1 acre | 20 acres | 20% |
| Total land | 5 acres | 100 acres | 100% |
| Farmhouse built area | 500 sq ft | 10,000 sq ft | n/a |
Business model & plot economics
A plot earns from three sources the teaser names, and gains from a fourth that is not income. None is quantified in the file.
One annual crop cycle on 4 acres per plot, sold to domestic and export markets.
Coconut, cashew and arecanut per plot, described as year-round income.
Management's indication for premium farm-stays. No occupancy data provided.
The teaser quotes no yield per acre, no realised price and no operating cost, so no income per plot can be derived. Land appreciation is the fourth return and is unmeasured.
| Stream | Timing | Evidence provided |
|---|---|---|
| Alphonso harvest | Annual, Mar–Jun | None; to follow in data room |
| Mixed plantation | Year-round | None; to follow in data room |
| Farmhouse stay | Seasonal, not stated | Nightly rate range only |
| Land appreciation | On exit | None |
Customer mix & concentration
Two customer groups matter: investors who buy into the plots, and traders or exporters who buy the fruit. What triggers a repeat order is not documented for either group.
The base, in numbers
No customer-level data exists, so no concentration table can be built. The land itself is evenly split: each plot is 5% of the estate, so no single plot dominates the asset.
Customer-level sales and offtake records will be provided in the data room. Nothing is estimated here.
Financial snapshot
No financial statements were supplied, for any year. The tables a buyer expects here are therefore absent, not hidden.
Held today
Not held
There is no revenue figure for any year. A buyer cannot test income per acre, so the case rests on land and planting alone until farm accounts are produced.
Quality of earnings
No earnings measure exists to assess. The panel lists each standard test and what is missing for it.
Tests and gaps
Plantation age. The teaser says new plantings yield from year 4 to 5 and does not say when these were planted, so bearing acreage is unknown.
Infrastructure & operations
Operating capacity here is physical: water, access, power and people. The teaser lists six items as in place across the whole estate.
Perimeter & security
Fenced boundary, controlled entry and 24×7 security across the estate.
Internal roads
All-weather roads linking every plot, sized for farm vehicles and harvest movement.
Water
A dedicated pipeline fed from a nearby dam, so irrigation does not depend on rainfall alone.
Drip irrigation
Plot-level drip systems across the orchard acres.
Power
Grid connection and utilities provisioned for farm use and the farmhouses.
Farm team
On-site agronomist and caretakers, covering cultivation, pest control and upkeep.
Condition, capacity and ownership of the dam source, the pipeline and the roads are not documented and will be tested in diligence.
Location & connectivity
The estate sits in the Konkan belt, where the microclimate suits Alphonso. Two large metros supply the weekend-home buyer pool.
| Reference point | Distance |
|---|---|
| Nearest beaches (two) | 10–15 km |
| Larger metro | ~240 km |
| Second metro | 180–190 km |
Management cites a planned expressway and a coastal highway as drivers of land value. Neither is dated or evidenced in the file.
Management & organisation
The promoters and the owning entity are not described in the file. Only the on-site roles are named.
| Role | Scope | Detail provided |
|---|---|---|
| The promoters | Ownership and sponsorship | None |
| On-site agronomist | Cultivation, pest control | Role only |
| Caretaker team | Plot upkeep, harvest | Role only |
| Security staff | Perimeter, 24×7 | Role only |
Passive ownership depends entirely on the on-site team. Headcount, tenure, contracts and who employs them are not disclosed.
M&A proposition
The mandate is to place plots or estate-level interests with capital partners. The structure, not a fixed price, is what is on offer at this stage.
Direct plot purchase
Buy one or more of the 20 plots, each of 5 acres with orchard and farmhouse.
Equity stake
Hold equity in the entity that develops the estate.
Joint venture
A development partnership with the promoters.
Project partnership
A revenue-share arrangement at project level.
Why now is a question of readiness, as set out below.
Roads, water, power, drip, security and farm team are listed as built, so capex is not the entry price.
Management reports rising weekend-home demand from both since the pandemic.
An expressway and a coastal highway, undated, that management links to land value.
Buyer types the teaser targets:
Transaction parameters
Value-creation levers named by management are organic certification, a farm-stay business on the 20 farmhouses and a wider export book. Each is unproven in the file.
Not stated. The teaser lists the infrastructure as complete, so the purpose of equity or joint-venture capital is to be defined with the promoters before outreach.
Risks & mitigants
Eight risks follow, stated as they stand today. Mitigants are limited to what the file supports.
Process & next steps
Identity, land documents and detailed plans are released only after a signed non-disclosure agreement.
Four steps
Adviser contact · Project SE-114
Private & confidential. This summary is a preliminary document for discussion only. It is not an offer, solicitation or prospectus, and it is not an offer for sale. It is prepared from information supplied by the promoters, which the adviser has not audited or verified. All figures are indicative, and statements on income, stay rates and land value are management's own and are not forecasts. Recipients must carry out their own due diligence before any investment decision.