Residential property is real estate that is primarily used for housing people. This includes single-family homes, apartments, condos, townhouses, villas, and duplexes. However, commercial property refers to real estate that is used for business activities. This includes structures for conducting business operations, retail spaces, industrial properties, hotels, mixed-use developments, restaurants and cafes. I hope you understand the meaning of residential and commercial property.
Invest in Verified Properties at Affordable Rate via NoBrokerTo know more, check:
What is the Difference Between Commercial and Residential Property?
Your Feedback Matters! How was this Answer?
Shifting, House?
✔
Lowest Price Quote✔
Safe Relocation✔
Professional Labour✔
Timely Pickup & Delivery
Intercity Shifting-Upto 25% Off
Check Prices
Intracity Shifting-Upto 25% Off
Check Prices
City Tempo-Upto 50% Off
Book Now
Residential real estate consists solely of single- and multi-family structures, whereas commercial real estate includes all properties leased for commercial purposes. Residential properties include flats, apartments, and duplexes. Commercial real estate includes hotels, warehouses, and so on.
I hope this helps:)
Visit the home page of NoBroker to check out properties to buy/ sell /rent
What does Commercial and Residential Property Mean?
Md.Gulsher Ahamad
95 Views
2
2 Year
2023-04-03T09:16:54+00:00 2025-03-18T10:06:28+00:00Comment
Share