In obsolete|lang=en terms the difference between project and property
is that
project is (obsolete) the place from which a thing projects while
property is (obsolete) to make a property of; to appropriate.
As nouns the difference between project and property
is that
project is a planned endeavor, usually with a specific goal and accomplished in several steps or stages or
project can be (usually|plural|us) an urban low-income housing building while
property is something that is owned.
As verbs the difference between project and property
is that
project is to extend beyond a surface while
property is (obsolete) to invest with properties, or qualities.