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What is the asking price, and how was it determined?

Asking Price Overview

The asking price is the initial amount quoted by the seller for the land. It is positioned to reflect both current market conditions and the property’s unique advantages, while leaving room for negotiation.

  • Typically priced slightly above expected final sale value
  • Designed to attract serious buyers while retaining leverage
  • Often aligned with recent sales and market demand in the area

Basis for Price Determination

The price is determined through a mix of market research, local benchmarks, and asset-specific attributes. It combines both data and strategic pricing to reflect value and potential.

  • Comparable Sales: Prices of recently sold industrial plots nearby
  • Location Factors: Proximity to highways, industrial zones, or logistic corridors
  • Development Status: Availability of infrastructure, zoning approvals, and plot readiness
  • Land Size and Shape: Larger or well-laid plots often command a premium
  • Future Growth Potential: Government plans, industrial activity, and demand outlook

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