What is a development company?

1. development refers to the application of research results or other knowledge to a plan or design to produce new or substantially improved materials, devices, products, etc. before commercial production or use.

2. Development companies can develop real estate, software or product markets;

3. The so-called real estate development company refers to an economic organization that is engaged in real estate development, operation, management and service activities for profit, and implements independent operation and independent accounting;

4. Real estate refers to land, buildings, inseparable parts fixed on land and buildings and various rights and interests attached to them;

5. Real estate is also called real estate in economics because of its own characteristics, that is, its position is fixed and immovable;

6. There can be three forms of existence: the integration of land, buildings and premises;

7. In the auction of real estate, the auction target can also exist in three forms, namely, land, buildings, houses and other objects in the state of ownership and their rights and interests;

8. With the development of personal property ownership, real estate has become the main component of commercial transactions, and buying real estate is an important investment method.