Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property.[1] Real estate development is different from construction, although many developers also manage the construction process.
Hello and thank you for reaching out to our dedicated chat support team! We are here to assist you with any questions, concerns, or issues you may have.