Chapter 69 Prohibition
As soon as the host's words came out, everyone present began to discuss.
"Land No. 1 in the reserve, but a treasure, close to the core business district of C City."
"Unfortunately, this land is listed as a protected area forbidden to develop in the state. Development is prohibited for 50 years, and it is useless to buy it."
"Yes, if this piece of land can be developed. It is definitely a treasure, but it is a pity that development is forbidden, and it is useless to buy it."
"If I remember correctly, at last year 's auction, this piece of land was sold out, right?"
Everyone was whispering and talking. For a while, there was no bid in the entire venue. A land that cannot be developed, even at the lowest price of 50 million. No one wants to buy it.
"Is there anyone bidding for the No. 1 reserve?" the host asked.
"I pay 50 million!" A loud voice sounded.
Everyone followed the voice and looked at the person who raised the placard for the offer. It was Martin James!
"What, the chairman of Gold wants to buy this piece of land? Even if he has money, he can't waste fifty million in vain, right?"
Everyone saw Martin James was bidding. All seemed a little surprised.
"Idiot! Why would you buy a piece of land that can only be developed in fifty years?" Mr. Edie sneered and shook his head disdainfully.
"Mr. James, it will take fifty years for this land to be developed. Why do you want to buy it?" Michael Bess saw Martin James bid, and he seemed puzzled.
"Michael, I have my own plan." Martin James said with a smile.
When Michael Bess heard Martin James say this, he felt at ease inexplicably, because he found that every time Martin James said this, he could create surprises.
"Mr. James bid 50 million for the No. 1 site in the reserve, is there any higher?"
"Okay! This land belongs to Mr. James of the Gold Group!"
As he saw that no one was bidding, the host on the stage quickly dropped the hammer.
He knew that this piece of land had already been sold several times, and the starting price had dropped from 100 million to 50 million. Now it was not easy for someone to buy it.
Who would buy a piece of land that can only be used in fifty years?
After this land was sold, two more lots were sold one after another. One of them was taken by Martin James for 25 million, and another piece of land that Martin James didn't look at was taken by a small real estate company for 8.8 million. The price was sold.
That's it. The auction finally came to an end.
This time, Martin James took a total of five plots, and the total cost was just 200 million.
Although the best two pieces of land could not be taken, the remaining four pieces of land excluding the protected area together were worth the two pieces of land. The most important thing was that the price was cheap.
Originally, 2.5 billion was prepared. The original plan was to kill Horace Edie with money so that he could not get any piece of land. This was what Grandpa meant from the beginning. This was a simple and crude method.
However, Martin James temporarily changed his plan. As a company chairman, it was still very important to act on the spot.
In Martin James's opinion, the new plan pits Horace Edie 1.5 billion, it saves a lot of money for himself, and he also takes some land, which was very cost-effective.
After the auction house was held, it was noon, and the auction party had already prepared lunch.
Today, the owner of the land was invited by the Land Bureau alone. Inside the restaurant on the top floor of the hotel. Land Bureau director, Angelo Joyce, has been pleased ear to ear because today's land auction sold nearly 1.8 billion! The total value of the land should have been only about 400 million dollars, so they were undoubtedly making a profit this time.
Of course, of the nearly 1.8 billion, the 1.5 billion was contributed by Mr. Edie.
Inside the restaurant. Ten real estate owners were sitting at the same table, naturally include Martin James and Mr. Edie.
"Thank you bosses for supporting our work." Angelo Joyce took the lead to stand up and toast.
After a glass of wine toast.
"Chief Angelo, I think you should toast Horace alone, after all, he contributed a full 1.5 billion today." Martin James said calmly.
"Oh yes! I will toast Mr. Edie a glass." Angelo Joyce could only laugh.
Horace Edie's face turned gloomy, he thought that he had been cheated by 1.5 billion. His heart was bleeding. Although Horace Edie has made a lot of money over the years, this 1.5 billion would have to be earned for several years. But facing Angelo Joyce's toast, Horace Edie still squeezed a smile.
Just as the two were toasting. Martin James smiled again and said, "Spending 1.5 billion to buy land that was originally worth at most 200 million, it can be seen that Mr. Edie really wants to contribute to the Land Bureau."
"You!" Horace Edie slammed the cup on the table with a force, while glaring at Martin James with anger.
"Why Mr. Edie? You spent 1.5 billion for 200 million worth of land, everyone knows, you are afraid of being told." Martin James said with a smile.
As it was seen by Angelo Joyce. He took the initiative to mediate: "Let's just say a few words for both of you. Come on, I will offer a drink to both of you alone."
"No problem!" Martin James smiled and picked up the wine glass.
Horace Edie naturally couldn't seem to be lackluster, he also held up the wine glass.
After a glass of wine.
"Martin James, what are you proud of? This auction, although I spent a lot of money, but I won the two of the best land." Horace Edie proudly said.
Horace Edie suffocated his stomach at the auction, and of course, he now must find a way to counter Martin James. There was a bad breath in his heart.
Martin James leaned back in the chair and smiled while hugging his arms, "The two pieces of land you took are really good. However, compared to the No. 1 land in the reserve that I took, your two pieces of land are not comparable at all and they are completely rubbish."
Horace laughed as he sneered. "You still have the failed to mention Sanctuary No. 1? You are such a fool. You have the face to say it when you spend money on a piece of land that cannot be developed in 50 years."
For Horace Edie speaking, Martin James got the money to buy protection zone 1, he was now the only brought that ridicule thing. Several local real estate owners on the table also nodded.
"Yes, this protected area No. 1, although it is a treasure, it is a protected area designated by the state. Development is prohibited for 50 years, and it can only be left unused if it is bought."
...
Martin James laughed, " Mr. Edie, I didn't buy it for idleness. I am going to be on this piece of land. To develop a top-level commercial center, plus high-end communities, I will make this the most prosperous place in C City."
This land was as large as 500 acres if it was really to be developed. The development potential was of course very large.
"What? You want to build on this land commercial center?" Mr. Edie laughed, "You are too naïve! That land is stated Imperial protected areas, development is prohibited within fifty years! Don't you understand yet?" Horace Edie sneered.
"Of course, I understand. But the state has lifted the ban. " Martin James said.
"What did you say?!" Horace Edie stood up abruptly. "You fart! How can the state lift the ban! If it is lifted, why we have no news at all! It is clear that you are here to quibble!" Horace Edie said loudly.
"That only means you are useless." Martin James said with a hand.
Immediately afterward, Martin James took out a document and threw it on the table.
"The unwinding file is here. If you don't believe it, just keep your eyes open and take a good look."
This document was the same document that my grandfather personally handed to Martin James at home yesterday, that mysterious gift.
Horace Edie, with a face of disbelief, quickly grabbed this document. "This..."
After reading the documents, Horace Edie suddenly sat down on a chair, his face full of despair, and the documents in his hands fell on the table.
"Is it really relieved?" Angelo Joyce quickly grabbed the file. "It is real! It was really relieved!"
Angelo Joyce couldn't help exclaiming after reading the file, his voice became sharp because of the horror in his heart.
As soon as Angelo Joyce's words came out, the whole private room exploded.
"My God, the conservation area No. 1 has been banned for six full years. Now it is really lifted?"
"If this piece of land is released from development, then the value of developing this piece of land will be too great! After all, the location of this piece of land is too good!"
"If the Gold Group develops this land, if they really want to develop it into the most prosperous area in C City, the Gold Group will definitely be able to make a lot of money on this project!"
These bosses sitting on the table were all real estate bosses of C City, so they know very well how much benefit will be brought by the development of No. 1 in the reserve.