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Construction or purchase of a detached house in the suburb, which is a more comfortable and demanded residential option for families, is really topical nowadays. According to this fact, large and small gated communities appear around large cities. They include modern infrastructure, protected territory and other amenities. The study analyzes 38 economy and business class gated communities around the city of Kazan. This analysis allowed us having the most complete understanding of events in this segment of residential real estate. The article selects pricing factors and reveals a mathematical pattern of changes in the market value of land plots intended for private houses construction in Kazan. As a result, the study reveals that three factors have the greatest impact on the value of land plots: distance from the city, transport accessibility and the current lifespan of the gated community. The materials of the article may be of practical importance for developer companies, as well as for potential buyers of land plots in gated communities in the Republic of Tatarstan. |
