Marks invest in a real estate project with break-even on investment (return of investment) within 18 months of project start. Based on the data given below in which neighbourhood would you propose a project? What type of project? What would be your ideal investment size? Give justification to your proposed strategy

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter8: Market Failure
Section: Chapter Questions
Problem 4P
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Refer the economic clock as time is 3:30 and you are required to [Marks invest in a real estate project with break-even on investment (return of investment) within 18 months of project start. Based on the data given below in which neighbourhood would you propose a project? What type of project? What would be your ideal investment size? Give justification to your proposed strategy.

River
A
Neighborhood Land Prices
Direction of
Existing
City Growth
A RS. 72,000 рег M.Sq.
B Rs. 91,000 per M.Sq.
City-Urban
Agglomeration
C Rs. 57,000 per M. Sq.
New
B
City
Transcribed Image Text:River A Neighborhood Land Prices Direction of Existing City Growth A RS. 72,000 рег M.Sq. B Rs. 91,000 per M.Sq. City-Urban Agglomeration C Rs. 57,000 per M. Sq. New B City
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