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Udayakumar
That is not residential land but its used for carrying out business operations so it is considered a commercial purpose in real estate
The estimated returns from residential real estate properties are around 3% – 4%, whereas, from commercial properties, it is around 8% – 10%.
Always there is a solid intrinsic value.
In commercial real estate properties, both the land and the structure has value and it is a hard asset.
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