Real Estate Development
It is a type of multi-faceted business that includes activities ranging from the scope of repair and renovation of existing buildings or leasing them to the purchase of vacant lands and then selling the developed lands after that. Real estate developers are the coordinators between the various previous activities and who transform innovative ideas on paper into reality on the ground. In the form of real estate
It is necessary to differentiate between real estate development and the construction industry. The real estate developer purchases the land, then finances the project, and in agreement with a construction contractor, the property is built.
- Market study and analysis.
- Determine the development area
- Determine the level of current and future demand for any real estate product.
- Determine the current and future supply level.
- Economic feasibility study of the development project.
- Choose a location.
- Get the property.
- Planning and design.
- Finance.
- Construction.
- Real Estate Marketing
- Promotion