Real estate development can be defined as a type of business that has emerged with the progress witnessed in the construction sector and the construction of buildings and huge projects, which require careful and advance planning. Real estate development is branched out to include partial or complete repair of old properties, renovation of existing buildings, or purchase of vacant lands and establishment of An innovative project on it, and then carry out a good real estate marketing process to sell the property or benefit from it to the maximum extent. To achieve this, the concerned companies develop a specific area or site, or rebuild an existing building and modernize it according to a well-thought-out plan. The importance of real estate development lies in developing the idea of the project, as it studies the feasibility, sources of financing, appoints the contractor, and studies the marketing and sales strategy, which ensures the success of the project. The project is unique. The real estate developer has multiple options and precise knowledge of the real estate market, and when supervising a specific project, the developer works with many different parties throughout the stages of real estate development, which ensures that he obtains a comprehensive view of all the details of the project, which shows the weaknesses and strengths of the project that he supervises before Starting with him, helps him present the best idea for the project.
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