Real estate development is a capital-intensive endeavor with substantial financial risk due to the volatility of project outcomes if variables and considerations alter. Market research and feasibility studies for projects assess the relevance and viability of such projects in order to anticipate risks associated with project planning, development, and marketability; it takes into account relevant factors such as economic, technical, legal, and financial project scheduling considerations. This is significant because we believe that meticulous planning and an exhaustive feasibility study are essential for a successful property development.