![]() Earlier licenses and registration used to be optional, but with legal developments and various real estate industry laws and regulations in existence, they are now essential.Īfter successfully registering your business, you need to obtain a real estate agent license, GST number, and service tax registration. One of the most critical aspects of managing a real estate business in India is obtaining a license. Once done, you’ll receive a RERA registration number as a reference for all future dealings. You can hire a consulting firm to help you through the process. To begin with, you will have to register under RERA for the state you are operating in. Now, the next step would be to register your business with the authorities. The trick is to focus on a single speciality and expand your business as you grow and learn.Īdditional Read – Do You Need to Pay a Down Payment for a Business Loan? You can make a successful career in land investment, commercial brokerage, or residential brokerage, and so on. ![]() So start by researching the different professions available and decide on a domain that suits you. Participating in such events will increase your confidence and help you learn many new things.Ĭonsidering how diverse the real estate industry is, there are plenty of roles and opportunities to choose from. If you want to learn more, there are a few companies throughout India that conduct seminars and training for real estate aspirants. and give you some golden points that you can take along with you on your journey in thereal estate business. As long as you do not come across as a competitor, they will gladly share their journey and overview with you. The best place to start is to seek input from the old players in the business. Like in any other profession, you need to research the subject before putting together a company strategy that will be a success. Do you also want to kickstart your entrepreneurial journey in the real estate industry? Well then, read on to find how to start a real estate business in India. While the industry is flooded with some established players, it is still a booming market with ample opportunities for the newcomers. And it will contribute 13% to the country’s GDP by 2025! Given the statistics, it’s no surprise that many people are looking to enter the market. Want to know an interesting fact? The Indian real estate sector is expected to reach US$ 1 trillion by 2030.
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