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Q.

What is the cost per acre for the formation of a layout?

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Government regulations now prevent you from selling more than 60% of the property when you develop it, therefore you must reserve 40% of your land for roads and common areas. Your cost is automatically nearly doubled as a result.

You can be confident that spending between Rs.20 and Rs.25 lakhs on a layout is required. Hence it is best to talk to multiple developers if you wish to develop a piece of property.

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