landbanking
noun [ U ]
uk/ˈlændˌbæŋkɪŋ/ us FINANCE, PROPERTY
a way of making a profit by buying land with the intention of selling it at a much higher price to people who hope they can, for example, build houses on it in the future:
The article pointed out the risks involved in investing in landbanking schemes, chiefly the fact that planning permission may not be granted.