Real estate development, or property improvement, consists of actions that vary from renovating existing buildings to the purchase of raw land and the sale of developed land or parcels to others. The terms land, real estate, and real property are sometimes used interchangeably, however there are distinctions. There are five major classes of real estate which embody residential, industrial, industrial, uncooked land, and particular use. Tenement is a kind of building shared by multiple dwellings, typically with flats or residences on every flooring and with shared entrance stairway access found in Britain. Residences can be categorised by and the way…