What is Real Estate

“Real Estate” refers to the word that refers to the property and all permanent developments that are connected to it (either organic or constructed by humans), like structures, fences, bridges, minerals, water trees, and other structures. Additionally, it covers aerial rights on the land and subsurface rights underneath the land. For more specific explanations, “real estate” refers to real property

The five main real estate types are commercial, residential, industrial, industrial, and special-use. Land and. Residential real estate is used for residential purposes, like single-family homes, townhouses, condominiums, duplexes, etc. In contrast, commercial real Estate is used solely for business purposes, such as offices, hotels, malls, shopping centers, gas stations, hospitals, supermarkets, and supermarkets. Industrial real Estate comprises industrial properties that need production, manufacturing, storage, production, and distribution.

The most frequent industrial real estate instances include factories, power stations, and warehouses. The land category covers land that is not developed, such as farms, land with no use, and even land. In addition, the term “special purpose” Estate also comprises properties used by the general public, like libraries, government structures and cemeteries, parks, and even schools.