70111000 - Development of residential real estate

CPV code 70111000 in the EU Common Procurement Vocabulary refers to Development of residential real estate. It sits at level 4 of the CPV hierarchy as a category within the 70 division. This code is nested directly under 70110000, narrowing the broader category into the specific area of development of residential real estate. As a leaf code, 70111000 has no further subdivisions and represents the most precise classification available in this branch — buyers should reference it directly in tender notices when the procurement primarily concerns development of residential real estate. Contracting authorities across the EU use 70111000 in TED notices and national procurement portals to signal that a tender relates to development of residential real estate.