Property developers have a multifaceted business, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of improved parcels to others. Developers are the coordinators of the activities, converting ideas on paper into real property development
Property Developers usually take the greatest risk in the creation or renovation of property—and receive the greatest rewards. Typically, developers purchase a tract of land, determine the marketing of the property, develop the property and design, obtain the necessary public approval and financing, build the structure, and lease, manage, and ultimately sell it. Property Developers work with many different counterparts along each step of this process, including architects, city planners, engineers, surveyors, inspectors, contractors, leasing agents and more.
Property Developers come from a variety of disciplines—real estate brokerage, mortgage banking, consulting, construction, lending, architecture, legal services, among others
Property Developers buys land in strategic locations and develop massive properties and sell these to general public. Development of such property has given rise to multi-storied apartment/commercial building , shopping malls, deluxe villas, terraced apartments, town/row houses, garden villas, stylish office building, hotel/restaurants/cages/medical centers, sports and recreation facilities to name a few. Greenery is the major theme caught by many property developers in India providing major amenities. Property developers, realising the growing demand for affordable housing, are strongly focussing on affordable housing.