1. Land divided into two or moreparcels. 2. A residential development.

Merriam-Webster Online Dictionary
subdivision (noun)
an act or instance of - subdividing
something produced by subdividing as
a) a subordinate part of a larger whole - political subdivisions
b) a tract of land surveyed and divided into lots for purposes of sale , especially one with houses built on it
a category in botanical classification ranking below a division and above a class
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