Real estate associations are urging authorities to introduce targeted incentives for the development of low-guidance commercial plots, which often remain underutilized due to lack of infrastructure or location disadvantages. These plots, though priced lower, require higher upfront investment to become viable, deterring most private developers. Industry bodies argue that tax breaks, faster approvals, and infrastructure support could encourage early-stage development. Such incentives would help unlock land value and attract businesses into secondary and tertiary commercial zones. Without intervention, these areas risk being overlooked despite their long-term strategic potential.
Developers propose that plots falling under a defined low-guidance threshold receive benefits such as reduced land conversion fees, subsidized utility connections, and priority in master planning initiatives. In return, they commit to minimum infrastructure and timeline benchmarks to prevent speculative land hoarding. Real estate groups believe this performance-based incentive model can transform stagnant land banks into active growth corridors. It also aligns with the government’s broader goals of balanced urbanization and regional economic development. Structured incentives could level the playing field between high-visibility commercial hubs and overlooked, high-potential zones.
This demand reflects a growing recognition of the need for inclusive land development policies that look beyond premium corridors. Supporting low-guidance commercial plots would diversify investment opportunities and distribute economic activity more evenly across urban and semi-urban regions. Policymakers are reviewing proposals to integrate such incentives into upcoming land reform frameworks. If adopted, these measures could revitalize dormant commercial zones, generate jobs, and improve infrastructure in underdeveloped areas. Empowering developers to take calculated risks in low-guidance markets may be key to achieving sustainable, equitable urban expansion.