property development

Definition

noun
the business of renovating old buildings or building new ones on their sites

Use this term in a sentence

You should try and find a way to get in on property development that may make things profitable for you.

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Creating a renewed neighborhood for property development is essentially towards making a decent profit over the appreciation of the property.

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ABC Company was unable to secure the funds for the property development project in South Kansas city so they sold the property to the highest bidder.

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