Real estate is a term that is used when people are talking about land and any development done on that particular piece of land like buildings or crops.  Real estate in itself is also an industry where the main commodity of sale is property.

Real estate is "property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing." It is a legal term used in jurisdictions such as India, the United States, United Kingdom, Canada, Pakistan, Australia, and New Zealand.