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Guidance Value Adjusted Based on Plot Shape and Frontage

Guidance values for commercial land are increasingly being adjusted based on the shape of the plot and its frontage, recognizing the significant influence these physical attributes have on a property’s commercial potential. Plots with regular shapes such as squares and rectangles are often favored because they allow for more efficient design, construction, and space utilization, making them highly desirable for a wide range of commercial developments. Consequently, such plots are now being assigned higher guidance values compared to irregularly shaped parcels that may present challenges in layout planning and optimal land use.

Frontage, or the length of the plot that faces the main road, has also become a key factor in determining guidance value adjustments. Plots with wider frontages offer better visibility, easier access, and greater flexibility for showcasing commercial establishments, all of which contribute to higher market demand. Authorities have started factoring in the extent and quality of frontage when revising guidance rates, ensuring that plots with superior exposure command premiums relative to landlocked or narrower properties. This nuanced valuation approach aims to more accurately reflect the true commercial viability of different land parcels in official property records.

By incorporating plot shape and frontage into guidance value calculations, authorities are promoting a more precise and market-aligned land valuation framework. This helps stakeholders, including developers, investors, and buyers, make more informed decisions based on the tangible advantages offered by specific plots. The practice also supports better urban planning by encouraging the efficient use of prime commercial land and enhancing the overall quality and attractiveness of developments across high-demand urban and suburban areas.

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