Wealthy individuals are increasingly buying adjacent land to expand their private compounds. This trend, termed 'Landmaxxing', aims to enhance privacy and secure long-term investments.
Billionaires like Ken Griffin and Jeff Bezos are actively expanding their estates with significant property acquisitions. Buyers are utilizing these expanded holdings for guest accommodations and recreational facilities.
This strategic land acquisition also serves as a hedge against potential future developments and inflation.
This story was reported by The Times of India. Read the full coverage at The Times of India.