Real Estate

Real Estate refers to property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water. It encompasses a variety of forms, including residential, commercial, industrial, and agricultural properties. The term also pertains to the business of buying, selling, or renting land and buildings. Real estate can be classified into several categories: residential real estate includes homes and apartments; commercial real estate involves business spaces like shops or offices; industrial real estate consists of manufacturing facilities and warehouses; and land encompasses undeveloped property and agricultural plots. The real estate market is influenced by various factors including economic conditions, interest rates, and local laws and regulations. It is a significant sector in the economy, impacting both individual wealth and broader economic trends.