16/5/2024: In certain areas like Ratnagiri in Maharashtra, land prices are as low as two to three lakh rupees per acre. Conversely, within a 100km radius of tier 1 or tier 2 Indian cities, land prices soar exorbitantly, reaching forty lakh to one crore Indian rupees or more.Wherever cities exist, land prices skyrocket because many landowners either benefit from land productivity or government subsidies, reducing their urgency to sell.Globalization and industrialization have bolstered the income of certain groups, particularly the salaried class, sustaining high demand for real estate investments, especially in tier 1 or tier 2 cities. This demand is fueled by funds from IT professionals, NRIs, or even locally evaded taxes.Two key factors influence land prices: the government rate, obtainable through a valuation certificate from the local Registrar's office, and the ask price set by the landowner. Often, the ask price far exceeds the government rate. For instance, if the government values land at five lakh rupees per acre, landowners around tier 1 or tier 2 cities may demand as much as seventy-five lakhs per acre.Some landowners quote prices arbitrarily, detached from reality. This trend contrasts sharply with the slim profit margins of builders, contractors, and labor suppliers, who face tough competition.Our Self-Sustainable City project aims to replicate a typical city while prioritizing affordability, natural resource abundance, and customer value. We seek to support educated, skilled individuals willing to contribute to sustainable economic growth while protecting the environment.As we continue our search for land outside Visakhapatnam, we actively engage with customers and investors through online social media channels.Alternatively, we undertake housing projects within Visakhapatnam city itself. Interested buyers can contact us for sustainable homes equipped with features like solar systems, rooftop gardens, and recyclable furnishings, benefiting from immediate access to city infrastructure and competitive land prices.