Defination of properties and Type of Real Estate.

                                               
  Defination of properties and Type of Real Estate.

Real estate is "property including of land, buildings ,apartments,
Commercial property and industrial-property on it,
along with its natural resources such as crops, minerals or water.

Types of Real Estate:-

real property examples can be grouped into three categories based on its use.

Residential properties includes undeveloped land, houses, apartments,villa,and townhouses.
 The structures may be single-family or multi-family dwellings and may be owner-occupied or rental properties.

Commercial real estate includes nonresidential structures such as office buildings,
warehouses, and retail buildings. These buildings may be free-standing or in shopping malls.

Industrial real estate includes factories, business parks, mines, and farms.
 These properties are usually larger in size and locations may include access
 to transportation hubs such as rail lines.

 Residential property:-
                    apartments:-An apartment, or flat, is a self-contained housing unit that occupies only part of a building, generally on a single storey. There are many names for these overall buildings, see below. The housing tenure of apartments also varies considerably, from large-scale public housing, to owner occupancy within what is legally a condominium, to tenants renting from a private landlord.

multi-family houses:-Multi-family residential is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. Units can be next to each other, or stacked on top of each other. A common form is an apartment building. Sometimes units in a multifamily residential building are condominiums, where typically the units are owned individually rather than leased from a single apartment building owner. Many intentional communities incorporate multifamily residences, such as in cohousing projects.

                   villa:-A separate houses of multi and single family that include mini park etc.A villa is a type of house that was originally an ancient Roman upper-class country house. Since its origins in the Roman villa, the idea and function of a villa has evolved considerably. After the fall of the Roman Republic, villas became small farming compounds, which were increasingly fortified in Late Antiquity, sometimes transferred to the Church for reuse as a monastery. Then they gradually re-evolved through the Middle Ages into elegant upper-class country homes. In modern parlance, "villa" can refer to various types and sizes of residences, ranging from the suburban semi-detached double villa to residences in the wildland–urban interface.

                   havelis:-A haveli is a traditional townhouse or mansion in the Indian subcontinent, usually one with historical and architectural significance. The word haveli is derived from Arabic hawali, meaning "partition" or "private space", popularised under the Mughal Empire, and was devoid of any architectural affiliations. Later, the word haveli came to be used as a generic term for various styles of regional mansions, townhouse and temples found in the Indian subcontinent.



   Duplex – Two units with one shared wall.

   chawl:-       The chawl is a name for a type of residential building found in the western part of India. Typically, housing units in chawls are availed of by relatively poor but gainfully employed migrant families. Chawls were constructed in abundance during the early 1900s, in the textile mill areas of Mumbai, and indeed this is how they originated, to provide cost-effective housing to mill-workers in Mumbai. They were later built by working-class emigrants working in other manufacturing industries also. This type of housing is no longer built, but remaining structures are still in demand because of their relatively affordable rents.



  2. commercial properties :-    Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings (e.g. convenience stores, 'big box' stores, and shopping malls). In urban locations, a commercial building may combine functions, such as offices on levels 2-10, with retail on floor 1. When space allocated to multiple functions is significant, these buildings can be called multi-use. Local authorities commonly maintain strict regulations on commercial zoning, and have the authority to designate any zoned area as such; a business must be located in a commercial area or area zoned at least partially for commerce.


   Types of commercial property
Commercial real estate is commonly divided into five categories:

  1.Office Buildings – This category includes single-tenant properties, small professional office buildings, downtown skyscrapers, and everything in between.
2.Retail/Restaurant – This category includes pad sites on highway frontages, single tenant retail buildings, small neighborhood shopping centers, larger centers with grocery store anchor tenants, "power centers" with large anchor stores such as Best Buy, PetSmart, OfficeMax, and so on even regional and outlet malls.
3.Multifamily – This category includes apartment complexes or high-rise apartment buildings. Generally, anything larger than a fourplex is considered commercial real estate.
4.Land – This category includes investment properties on undeveloped, raw, rural land in the path of future development. Or, infill land with an urban area, pad sites, and more.
5.Miscellaneous – This catch all category would include any other nonresidential properties such as hotel, hospitality, medical, and self-storage developments, as well as many more.

     Industrial properties :-  Industrial real estate includes factories, business parks, mines, and farms. These properties are usually larger in size and locations may include access to transportation hubs such as rail lines and harbors.