Real estate developments
When we talk about real estate developments, we are referring to all those management and coordination activities that are carried out with the purpose of creating a property which can be occupied by other people, either as offices or as homes. Developing a real estate property involves different activities; some of them have to do with the purchase of land, constructing the buildings and maintaining them after their completion so that they remain in good condition.Something else that should be taken into account is that this concept comes from a term in English called “property development”, which could be translated as real estate developer, that is, the person or company that invests in a house, an apartment or an office.Yardney’s conceptualization of developments mentions one of the main actors in this issue, that is, the people who will become the final consumers of a building, for example, the tenants of an apartment building.The companies that are dedicated to this business carry out all the necessary stages that this industry demands, with the aim that the people who are going to buy an apartment in CDMX are the main beneficiaries since they will be the ones who will live in these properties.