Boundaries are dividing lines or lines which indicate the limits for any zone/area. They also mean cricket hits, that lead to the scoring of four runs.
The definition is anything which is a limit or division or the cordoning-off point for any property, area, land, and so on. This is the imaginary line separating one area from another or even through walls. The boundary of a property is a particular location which surrounds any real estate that is the end-point, location or edge of the claim of the owner.
The usage of boundaries is common in real estate since this means the limit or extent of any land, plot, house, property or any common area. Walls are usually used for marking boundaries. There are Government-defined legal boundaries as well. Hence, the concept assumes importance in the real estate sector, especially for demarcating the limits of any property while taking any purchase decision.