Why building over thin air isn`t free

Why building over thin air isn`t free - 1990 - Property Confidential (419) July 1990, 5-7(3) .

Discusses the use of air rights by UK developers to secure sites which have potential for added value . Often, planning permission may be granted by a local authority to private developers in return for some form of planning gain , or benefit to the local community, however, developers must take into consideration, factors such as construction costs and final lettings against the potential added value.


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