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The square kilometer (sq km or km²) is a unit of area commonly used for measuring expansive land regions. While not a dominant player in the Indian real estate market, understanding square kilometers can be helpful in specific contexts.
What is it?
A square kilometer is the area of a square with sides measuring one kilometer (km). It's a metric unit suitable for quantifying large geographical regions or landmasses.
Current Uses: Square kilometers find application in measuring:
Calculation and Conversion:
Calculating the area in square kilometers involves multiplying the length (km) by the width (km) of the land. Conversion to square feet, used in some countries, is uncommon in real estate due to the large scale involved. Here's a general conversion:
Impact on Indian Real Estate Market: Minimal Influence
Square kilometers are not typically used in Indian real estate due to the scale. Land parcels are typically measured in hectares (ha) for larger areas and square meters (sq m) for smaller plots. Square meters offer a more practical unit for precise measurement and clear communication during property transactions.
In conclusion, square kilometers are valuable for measuring vast regions but hold minimal significance in the realm of Indian real estate. Square meters and hectares are the standard units for land area in this sector.