This vacant plot does a structure but it does not contribute to the value of the property. There is, however water and electricity available on the land which will make it easier to start building your dream home or to develop the land for high-density residential property.
The shortage of affordable and exclusive townhouses, apartments or freestanding clusters will bring good returns on this kind of investment.
This kind of development is also a good way to add to the urbanization of regions and may open up further opportunities for development.
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