Overview

Throughout this module about five major chapters are constituted and the module will help students to grasp knowledge, skills and attitude.in order to help students gain the required knowledge, skill and attitude domains. The first chapter is designed to expose students to the nature of real estate development, Definition and Nature of real estate development, Ground-Up Development versus Redevelopment real estate development, Real estate demand and supply factors, Role of real estate in economic development and Determinants/main factors/ of real estate development In the second chapter actors/stakeholders in real estate development Public and private investors in real estate Real estate developers and partners in Financial Institutions. The intention of the unit is to help students develop the basic knowledge of the real estate investment stakeholder's participation in real property development in particular. The third chapter deals on the real estate development process, Real estate development appraisal/valuation, Real estate development finance, Real estate marketing. The intention of the unit is to help students develop the basic knowledge of real estate development process, valuation and appraisal, the steps real estate development process e.t.c. The fourth unit of the module deals with Real estate development management, Measurement of return on real estate developments, Risk in real estate development and costs in real estate development The fifth unit addresses the Environmental issues in real estate development, Nature and practice of real estate development in Ethiopia, Policies and strategies and Opportunities and threats.

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