After purchasing a land it is not
wise to just abandon it for years without doing anything on it. Even if you
don’t have any money to develop it immediately, there are certain steps you
need to take to secure it or prevent it from been resold. If the land is
located in the heart of the city, then the best option is to do a Certificate
of Occupancy(C of O). This document shows that you are the legal owner of the
property. Additionally, try and make a perimeter fencing on the land. This too
helps to wade off greedy land speculators from developing interest on the land.
It is also right to clear the plot of land from time to time.