House building companies tend to use their land banks in different ways.
To prepare for that day, the company has been quietly building up its land bank.
The money will be used to top up its land bank crucial to future house building plans from 15,000 plots to 20,000.
Officials ultimately hope to preserve half the island for the land bank.
The group has a significant land bank for which plans are underway to develop several commercial projects.
From 2005 to 2007, Genesis spent £200 million on its land bank for new developments.
There is expected to be a £10 million write-down on its land bank.
"In Huntington, 93 percent of the land banks have already been used," he said.
Persimmon writes down the value of its land bank by £600m.
He is one of India's largest realtors, with a very large land bank.