Sunday, September 14, 2008

Pursuance of Real estate developer

Real estate development is a process where the entity makes the improvements to the real property thereby increasing its value. The developer will develop the business model by specific building typology or by geographic preferences. Generally, in real estate investing business the real estate developer may be an individual, but most of the cases, he may be a partnership limited liability company or corporation. The person who have involved as a principal in the business transaction is called to be the property developer by occupation.

The real estate developers specializes in specific product typology like residential single family, residential multi family, urban mixed use, retail, commercial office and industrial area. Special professional courses are offered for the people by number of academic institutions to create masters in real estate development.

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