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Real Estate Jargons on your Fingertips-Zone & Zoning

When you are looking for an ideal home to live and you go to a real estate agent or a broker or even a builder, they might use jargons which you might not know.

But we give you a solution!!

Read this space every Tuesday & Wednesday for Real Estate Jargons.

Zone

  • A defined area of land or part of a building, which is allocated for a particular purpose.
  • Example- Development plans may allocate areas of land for different uses or values of property may distinguish between areas of floor space of a building and ascribe different values to them.

Zoning

  • In planning terms, the dividing of an area by a local planning authority into zones for particular uses or activities.

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