2. FIVE TYPES OF
REAL ESTATE
1. Residential Real Estate
2. Commercial Real Estate
3. Industrial Real Estate
4. Special Purpose
5. Land
3. Residential Real Estate
Residential Real Estate refers to the
property which is used for the purpose of
residence/living.
For Example - Duplexes, Villas, Townhouses
and Apartments.
4. Commercial Real
Estate
Commercial Real Estate refers to the
property which is used for the business
purpose. It is also called income
property/investment property.
For Example - Office,retail,rent and
warehouses.
5. Industrial Real Estate
Industrial Real Estate refers to the property
which is used for the purpose of developing
goods and products.
For Example -Layout,
Warehouse,Manufacturing and Industrial
property.
6. Special Purpose
Special use properties are properties
possess limited utilization or specialised
use.
For Example - Parks, Hospitals, Private
Schools and theaters.