Current value of Land holdings as well as building is not relevant to the valuation of a company, neither useful to retail invetsor @ChaitanyaC .
I will give a glaring example of LIC. They show land value of 200 crore and building value of 3400 crore in balance sheet. But you know just a one building of Yogakshema at Nariman point near Mantralaya may cross 25,000 crore. Recently Air India building was sold , I think to Tatas which was valued at 14,000 crore and which is from same area and very small compared to LIC building. And this is just one building. Such thousands of buildings and land , LIC has all over India at very prominenet places in the heart of all Metros and Cities. But LIC may be mentioning then at Rs. 1 and such humongous value is locked, not useful to retail as well as in the running of businesses. And LIC owns most of its offices, and not rented like other insurance companies.
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