Gross Development Value definition

Gross Development Value means the estimated market value (as determined by an Approved Valuer) of a proposed development that can be built on a given site assuming completion.

Gross Development Value the aggregate Market Value of the Private Units

Gross Development Value means the estimated gross development value of the

Examples of Gross Development Value in a sentence

• Upon completion in 2025, Bandar Enstek will have a Gross Development Value estimated at almost RM9.2 billion.

• The council will confirm the Gross Development Value of the newdwelling when the new dwelling reserved matters or full planning is approved.

• Wherever possible, please provide sales/lettings/other market evidence in support of values listed within your Gross Development Value shown under item 1.

• Because it is a percentage of Gross Development Value it is automatically index linked and the rate could readily be adjusted upwards in bearable increments.

• The profit element used in these appraisals is profit expressed as a percentage of Gross Development Value (the most commonly expressed way) although developers will sometimes use other methods, for example a certain return on capital employed (ROCE).

More Definitions of Gross Development Value

Gross Development Value means, in relation to the individual units of semi- detached and detached factories to be erected on the Hi Tech Lands (“Hi Tech Units”), the price at which a Hi Tech Unit might reasonably be expected to be sold to a willing purchaser.

Gross Development Value means the estimated Market Value of the Development based on completed sales, detailed comparable evidence and on the assumption that the Development’s value will be assessed on the basis that the Development is fully built out

Gross Development Value. Means the composite sum of development values as defined and determined in the Viability Appraisal and similar to that appended as the Sixth Schedule hereto.

Gross Development Value means the Market Value of the Property assuming that Practical Completion has occurred and net of all related costs and adding back any deductions in the most recent Valuation made for void periods, leasing commissions and any form of tenant incentives (rent frees, capital contributions, discounted rents, etc.), to the extent such deductions are covered by corresponding available amounts under the Notes, in each case in line with the latest Budgeted Business Plan approved by the Noteholders prior to the Issue Date or by Noteholders’ Representative at that time after the Issue Date, in any case in compliance with guidelines from the Royal Institution of Chartered Surveyors.

Gross Development Value means the actual long leasehold or freehold capital receipt and independently confirmed estimated capital receipt of each Disposal of a New Dwelling together with all other actual sale proceeds capital payments and receipts paid to or received by the Owner or by others on their behalf after the date of this Agreement in respect of any Disposal (and in the case of a Deemed Disposal of a New Dwelling the Open Market Value) including in each case (but not limiting the generality of the foregoing) any income or receipt generated by the Owner from:‐

Gross Development Value means the gross development value of the Project upon completion of the development and construction of the Project.

Gross Development Value means the estimated market value (as determined by an independent Approved Valuer) of a proposed development that can be built on a given site assuming completion and issuance of temporary occupation permit and certificate of statutory completion.