What does real estate development mean?

Definitions for real estate development
real es·tate de·vel·op·ment

Here are all the possible meanings and translations of the word real estate development.

Wiktionary

  1. real estate developmentnoun

    (often shortened to "development") A group of buildings planned as a whole.

Wikipedia

  1. Real estate development

    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. Real estate development is different from construction, although many developers also manage the construction process. Developers buy land, finance real estate deals, build or have builders build projects, create, imagine, control, and orchestrate the process of development from the beginning to end. Developers usually take the greatest risk in the creation or renovation of real estate—and receive the greatest rewards. Typically, developers purchase a tract of land, determine the marketing of the property, develop the building program and design, obtain the necessary public approval and financing, build the structures, and rent out, manage, and ultimately sell it.Sometimes property developers will only undertake part of the process. For example, some developers source a property and get the plans and permits approved before selling the property with the plans and permits to a builder at a premium price. Alternatively, a developer that is also a builder may purchase a property with the plans and permits in place so that they do not have the risk of failing to obtain planning approval and can start construction on the development immediately. Developers work with many different counterparts along each step of this process, including architects, city planners, engineers, surveyors, inspectors, contractors, lawyers, leasing agents, etc. In the Town and Country Planning context in the United Kingdom, 'development' is defined in the Town and Country Planning Act 1990 s55.

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Numerology

  1. Chaldean Numerology

    The numerical value of real estate development in Chaldean Numerology is: 8

  2. Pythagorean Numerology

    The numerical value of real estate development in Pythagorean Numerology is: 3

Examples of real estate development in a Sentence

  1. Andres Carbacho-Burgos:

    The industry is still under capacity constraints and suffers from not being able to hire as many workers as it would like, in the next two years, residential construction will also pull back slightly once the Fed finishes increasing short-term rates ... reducing the amount of credit going to real estate development.

Images & Illustrations of real estate development

  1. real estate developmentreal estate developmentreal estate developmentreal estate developmentreal estate development

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