Factors affecting the value of school plots in Gurgaon
Posted by winworldrealty
from the Business category at
25 Apr 2023 07:20:57 pm.
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Gurgaon is a rapidly developing city in the state of Haryana, India. It has emerged as a significant educational hub with the establishment of several schools, colleges, and universities. The demand for land and plots for the development of educational institutions has increased in recent years. The value of school plots in Gurgaon is influenced by several factors, including:
Location: The location of the school plot for sale in Delhi NCR is a crucial factor in determining its value. Plots located in prime areas, such as near highways, airports, and commercial centres, have a higher value than those in remote areas. The proximity to transportation facilities and amenities like hospitals, malls, and markets also impacts the value of school plots.
Size: The size of the school plot for sale in Gurgaon is another essential factor affecting its value. Larger plots have a higher value as they can accommodate more facilities like sports grounds, auditoriums, and libraries. Also, larger plots provide space for future expansion and development.
Infrastructure: The infrastructure of the school plot plays a crucial role in determining its value. The availability of basic amenities like electricity, water, and sanitation facilities is essential. The quality of roads, sidewalks, and drainage systems in the area also impacts the value of the school plot.
Zoning regulations: The zoning regulations of the area where the school plot is located play a crucial role in determining its value. The regulations define the purpose of the land, and the type of development allowed in the area. School plots located in areas zoned for educational purposes have a higher value than those in residential or commercial zones.
Accessibility: Accessibility is another essential factor that affects the value of school plots. The availability of transportation facilities like buses, trains, and metro stations, and the distance from major highways and airports, impacts the value of the school plot. Plots located in areas with good accessibility have a higher value than those in remote areas.
Market demand: Market demand is a critical factor in determining the value of school plots. The demand for educational institutions in the area, the availability of competing schools, and the growth potential of the area are factors that affect the demand for school plots. Plots located in areas with high demand and growth potential have a higher value.
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