Real Estate Development Business definition

Real Estate Development Business means the business conducted by the Company and its Subsidiaries which relates to the development of housing subdivisions and the sale of manufactured, modular and conventional housing units or lots located therein.

Examples of Real Estate Development Business in a sentence

  • Currently, the main businesses of GRAND are real estate development and hotel business which can be summarized as follows:1) Real Estate Development Business: GRAND focuses its investment in projects located in prime business districts or tourist attractions with convenient transportation, and variety of facilities located nearby such as hotels, schools, entertainment venues, shopping malls, hospitals, and etc.

  • Other revenue streams include investment income from dividends and grant income.

  • The last three-years’ average annual business performance reported to the Minister of Land, Infrastructure and Transport under subparagraph 1 of Article 17 of the Act on the Management and Promotion of Real Estate Development Business shall be at least the average annual project cost incurred in relation to the relevant urban development project;2.

  • He/she shall not have been subjected to any corrective measures under Article 22 of the Act on the Management and Promotion of Real Estate Development Business and business suspension under Article 24 (1) of the same Act for the latest three years as at the filing date of an application for designation of an implementer;3.

  • Successful launches are the testimony of the Company’s commitment to excellence and delivering value for money for our customers.As per Your Company’s on-going strategy, we continue to focus on our core business that is Engineering, Procurement & Construction (EPC) and Real Estate Development Business.

  • Revenues from our Real Estate Development Business are dependent on various factors such as the size of our developments and the extent to which they qualify for percentage of completion treatment under our revenue recognition policies and general market conditions.

  • Real Estate Development Business We also develop and construct residential building projects.

  • Real Estate Solutions BusinessIn the Real Estate Solutions Business, operating revenue from the Real Estate Development Business decreased by ¥10,020 million (55.9%) to ¥7,897 million from the previous fiscal year mainly due to sales of inventories.

  • For further details on the applicable regulations and policies to our Real Estate Development Business, see section titled “Regulations and Policies” on page 173.

  • Therefore, we believe that period-to-period comparisons of the results of operations of our Real Estate Development Business are not necessarily meaningful and should not be relied upon as indicative of our future performance.

Related to Real Estate Development Business

  • Real Estate Business means homebuilding, housing construction, real estate development or construction and the sale of homes and related real estate activities, including the provision of mortgage financing or title insurance.

  • Commercial Development means any development on private land that is not heavy industrial or residential. The category includes, but is not limited to: hospitals, laboratories and other medical facilities, educational institutions, recreational facilities, plant nurseries, multi-apartment buildings, car wash facilities, mini-malls and other business complexes, shopping malls, hotels, office buildings, public warehouses and other light industrial complexes.

  • sustainable development means development which meets the needs of the present without compromising the ability of future generations to meet their own needs.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • experimental development means acquiring, combining, shaping and using existing scientific, technological, business and other relevant knowledge and skills with the aim of developing new or improved products, processes or services. This may also include, for example, activities aiming at the conceptual definition, planning and documentation of new products, processes or services;

  • Affordable development means a housing development all or a portion of which consists of restricted units.

  • Housing development as used in this section, means a development project for five or more residential units, including mixed-use developments. For the purposes of this section, “housing development” also includes a subdivision or common interest development, as defined in Section 4100 of the Civil Code, approved by a city, county, or city and county and consists of residential units or unimproved residential lots and either a project to substantially rehabilitate and convert an existing commercial building to residential use or the substantial rehabilitation of an existing multifamily dwelling, as defined in subdivision (d) of Section 65863.4, where the result of the rehabilitation would be a net increase in available residential units. For the purpose of calculating a density bonus, the residential units shall be on contiguous sites that are the subject of one development application, but do not have to be based upon individual subdivision maps or parcels. The density bonus shall be permitted in geographic areas of the housing development other than the areas where the units for the lower income households are located.

  • Mixed use development means a Building used, designed or intended for Residential and Non-Residential uses, where:

  • Infill development means new construction on a vacant commercial lot currently held as open space.

  • site development plan means a dimensioned plan drawn to scale that indicates details of the proposed land development, including the site layout, positioning of buildings and structures, property access, building designs and landscaping;

  • Non-profit housing development means development of a building or structure intended for use as residential premises by,

  • Affordable housing development means a development included in the Housing Element and Fair Share Plan, and includes, but is not limited to, an inclusionary development, a municipal construction project or a 100 percent affordable development.

  • Economic development means all powers expressly granted and reasonably inferred pursuant to SDCL § 9-54.

  • Major development means an individual “development,” as well as multiple developments that individually or collectively result in:

  • Existing development means development, other than that associated with agricultural or forest management activities, that meets one of the following criteria:

  • Planned development means a real property development other than a community apartment project, a condominium project, or a stock cooperative, having either or both of the following features:

  • municipal spatial development framework means a municipal spatial development framework adopted by the Municipality in terms of Chapter 5 of the Municipal Systems Act;

  • Social development company means a company whose primary purpose in Sudan is to provide humanitarian goods or services, including medicine or medical equipment, agricultural supplies or infrastructure, educational opportunities, journalism-related activities, information or information materials, spiritual-related activities, services of a purely clerical or reporting nature, food, clothing, or general consumer goods that are unrelated to oil-related activities, mineral extraction activities, or power production activities.

  • Substantial development means any development of which the total cost or fair market value exceeds two thousand five hundred dollars, or any development which materially interferes with the normal public use of the water or shorelines of the state; except that the following shall not be considered substantial developments for the purpose of this chapter:

  • New development means development resulting from the conversion of previously undeveloped land or agricultural land uses.

  • Economic Development Property means those items of real and tangible personal property of the Project which are eligible for inclusion as economic development property under the FILOT Act and this Fee Agreement, and selected and identified by the Company or any Sponsor Affiliate in its annual filing of a SCDOR PT-300S or comparable form with the Department (as such filing may be amended from time to time) for each year within the Investment Period.

  • Cluster development means a contiguous cluster or

  • Nuclear fuel cycle-related research and development activities means those activities which are specifically related to any process or system development aspect of any of the following: - conversion of nuclear material, - enrichment of nuclear material, - nuclear fuel fabrication, - reactors, - critical facilities, - reprocessing of nuclear fuel, - processing (not including repackaging or conditioning not involving the separation of elements, for storage or disposal) of intermediate or high-level waste containing plutonium, high enriched uranium or uranium-233, but do not include activities related to theoretical or basic scientific research or to research and development on industrial radioisotope applications, medical, hydrological and agricultural applications, health and environmental effects and improved maintenance.

  • Research and development means (1) theoretical analysis, exploration, or experimentation; or (2) the extension of investigative findings and theories of a scientific or technical nature into practical application for experimental and demonstration purposes, including the experimental production and testing of models, devices, equipment, materials, and processes. Research and development does not include the internal or external administration of radiation or radioactive material to human beings.

  • Professional development means training programs for

  • Economic development project means land and existing or planned improvements suitable for use by an industrial or commercial enterprise, or housing development, or the protection of the environment, including, but not limited to, groundwater or surface water. Economic development project includes necessary buildings, improvements, or structures suitable for and intended for or incidental to use as an industrial or commercial enterprise or housing development; and includes industrial park or industrial site improvements and port improvements or housing development incidental to an industrial or commercial enterprise; and includes the machinery, furnishings, and equipment necessary, suitable, intended for, or incidental to a commercial, industrial, or residential use in connection with the buildings or structures.