The property development industry is a many-sided business that covers all aspects of activities ranging from acquiring raw land to selling or renting or leasing of fully finished and furnished properties. In essence, developers are responsible for turning ideas into real properties; i.e. they acquire land, finance real estate deals, they engage in building projects and they sell, rent, lease and manage properties on behalf of their clients.
Beyond every reasonable doubt, one of the most profitable, creative and interesting aspects of the real estate industry is property development. As a matter of fact, developers are a major player when it comes to determining the prices of properties. Although this type of business venture can be risky, in other to make it big in the industry as a property developer, you just have to take calculated risks.