Faculty: INSTITUTE OF GRADUATE PGROGRAMS This major provides a comprehensive understanding of the principles, processes, and financial strategies involved in real estate development. Students explore key areas such as property investment, land use planning, construction management, real estate law, and sustainable development. The program emphasizes practical skills in market analysis, project financing, and risk assessment, preparing graduates for careers in property development, urban planning, real estate investment, and commercial real estate management. **Learning Objectives:** - Understand the fundamentals of real estate markets, investment, and property valuation. - Develop skills in site selection, land acquisition, and project feasibility analysis. - Learn techniques for financing and managing real estate projects. - Explore legal and regulatory frameworks affecting real estate development. - Study sustainable development principles and smart city planning. - Analyze market trends, economic factors, and risk assessment in property development. - Apply real-world strategies to real estate project planning and execution. **Major Outline:** 1. **Introduction to Real Estate Development** - Overview of the industry, key players, and market dynamics. 2. **Real Estate Market Analysis and Valuation** - Techniques for assessing property values, market demand, and investment potential. 3. **Land Use Planning and Zoning Regulations** - Study of zoning laws, land policies, and urban development strategies. 4. **Real Estate Finance and Investment** - Understanding property financing, mortgages, and investment strategies. 5. **Construction and Project Management** - Fundamentals of construction planning, budgeting, and execution. 6. **Real Estate Law and Contracts** - Legal aspects of property transactions, leasing agreements, and land use regulations. 7. **Sustainable and Smart Development** - Green building technologies, environmental impact assessments, and smart city concepts. 8. **Commercial and Residential Real Estate Development** - Strategies for developing office spaces, shopping centers, and housing projects. 9. **Risk Management and Property Insurance** - Techniques for identifying, assessing, and mitigating development risks. 10. **Capstone Project in Real Estate Development** - Development of a real estate project proposal with market and financial analysis. **Assessment Methods:** - Real estate market research and investment case studies. - Site planning and feasibility analysis reports. - Business plans for real estate projects. - Internships with real estate firms, property developers, or urban planning agencies. **Recommended Textbooks:** - "Real Estate Development: Principles and Process" by Mike E. Miles, Laurence M. Netherton, and Adrienne Schmitz. - "The Real Estate Game: The Intelligent Guide to Decision-Making and Investment" by William J. Poorvu. - "Professional Real Estate Development: The ULI Guide to the Business" by Richard Peiser and David Hamilton. **Prerequisites:** Basic knowledge of business, finance, or urban planning is recommended. **Major Duration:** Typically 3–4 years, including coursework, practical projects, and internships. **Target Audience:** Aspiring real estate developers, property investors, urban planners, and professionals seeking expertise in the business and strategy of real estate development. This major equips students with the financial, legal, and strategic skills needed to develop successful real estate projects, drive urban growth, and create sustainable property investments.