Land banking is one of the oldest real estate investment practices.
It involves buying land in undeveloped areas, waiting for its value to increase due to infrastructure development or population growth, and then selling it for a profit or developing it for housing needs.
Land can be acquired in small or large quantities at a reduced cost, held for future use, and sold when market conditions are favorable. It’s important to note that land banking requires time and patience, but it can be a more stable investment compared to savings or the stock market.