How is the appreciation of land in the outskirts justified? Is it not a dead capital?
The land cost within the city and outskirts is always increasing and will be beyond the reach of common man as years pass on. Good lands are identified in the outskirts, which are likely to develop fast in the years to come and which have good transport facilities and other amenities. The projects estimated in the recent past for which the value increased by three to four times in such a short span, which will ensure the profit to the investor.
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- How is the appreciation of land in the outskirts justified? Is it not a dead capital?
