Subdivisions are a relatively new concept of suburban; it’s the act of legally dividing the land for selling or developing new infrastructure. Depending on the real estate laws, each piece of land may be partitioned into units, blocks, sites, or parcels for future development or sales. They may be divided under the residential, commercial, or industrial flag. The boundaries become permanent soon after they are drawn.
The Benefit of Subdivision Construction
Subdivision development is a straightforward project with greatly augmented profit margins. A fully booked project can bring in a greater sum of money than one plot ever could. For example, you divide the land into two; you sell one for instant profit and build on the next. The opportunities of what a subdivision construction plan could do to unlock profits are next to endless when executed correctly.
Moreover, it’s an easy way for investors to diversify their portfolios as you’re granted the opportunity to build new and different properties on each parcel of land. Speaking of investments, subdivisions create a stable revenue stream even when they’re rented out for the most part.
Not to forget, housing development remains important because it lower the costs of living for the community as it better accommodates households. A well-executed subdivision construction projects also bring in a new infrastructure that adds to the towns.
Types of Subdivisions in New Zealand
Multiple types of subdivisions may be considered for construction plans, including major residential development, infill development, rural subdivision, subdivisions in sensitive locations, unit titles, cross leases, boundary adjustments, and specialised subdivisions. In New Zealand, to execute a subdivision project, you must have subdivision consent, survey plan approval, section 224c certification, lodgement with land information, and certificate of title.
Divide and Rule in Christchurch
Your go-to concrete company in Christchurch to pursue your subdivision construction plans is Riverstone Concrete. We’re a concrete company handling residential and commercial construction plans. Our subdivisions can help you increase profitability, minus the congestion. Each of the projects executed at Riverstone Concrete LTD delivers exceptional finishes. Our services include concrete foundations, concrete driveways, landscaping & decorative, subdivisions, and earthworks.