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.
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Developer without pride and accountability in the building they build. no attention to detail to finishes. Had cracked tiles and a row of tiles with big scratch before moving in. Chased for a full year and developer did not fix scratch tiles. Paint job was poorly done and unfinished in areas not easily visible. Settlement process was horrific with selling agent – not responsive at all. Lucky to have good strata manager to follow up on defects to be fixed.