Real estate development, also known as real estate developmental, is a large industry procedure, encompassing several activities ranging from the renovation and occupation of old buildings to the acquisition of raw lands and the sale of new structures or other pieces of land to third parties. The term real estate developmental includes the design and construction of residential buildings, commercial buildings, hotels, malls, industrial estates and other forms of real estate developments. Apart from these, real estate developers also undertake the task of developing properties for resale. This article highlights some important points on real estate development. In most of the cases, real estate developments take a single path in…