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