Real Estate Development
What is Real Estate Development? Building new structures and modifying existing ones to raise the value of a piece of real estate is called real estate development . Real Estate Development is also known as property development. Building new structures, making changes to existing ones, or otherwise enhancing any piece of real estate, such as office buildings, restaurants, or retail establishments to raise its value are all examples of real estate development. Land and any temporary or permanent buildings on it are considered real estate. Real estate development combines a variety of disciplines to create or enhance the physical environment. Land use planners, architects, engineers, builders, lawyers, consultants, salespeople and brokerage firms, financial institutions, and investment specialists are a few of the disciplines and experts the real estate development process has brought together. Roles of a Real Estate Developer: Developers are in charge of a project from beginning t...