According to Indian planning commission,
The term ‘Real Estate’ is defined as land,including the air above it and the ground below it,and any buildings or structures on it.
It is also referred to as realty. It covers residential housing,
commercial offices, trading spaces such as theatres, hotels and restaurants, retail outlets,industrial buildings such as factories and government buildings.
Real estate involves the purchase, sale, and development of land, residential and non-residential buildings. The main players in
the real estate market are the landlords, developers,builders, real estate agents, tenants, buyers etc. The activities of the real estate sector encompass the housing and construction sectors also.
The term ‘Real Estate’ is defined as land,including the air above it and the ground below it,and any buildings or structures on it.
It is also referred to as realty. It covers residential housing,
commercial offices, trading spaces such as theatres, hotels and restaurants, retail outlets,industrial buildings such as factories and government buildings.
Real estate involves the purchase, sale, and development of land, residential and non-residential buildings. The main players in
the real estate market are the landlords, developers,builders, real estate agents, tenants, buyers etc. The activities of the real estate sector encompass the housing and construction sectors also.
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