How to start a Real Estate Business in India

Written by Posted On Friday, 18 January 2019 21:52

Real estate regulatory authority (RERA) act makes clear that it is compulsory to register your real estate business under RERA and without registration under RERA you cannot start a real estate business. This article talks about legal registration which is required for real estate business so it will help you and you will get an idea about this registration. 

How to start Real Estate Company in India

  • First step of every business is Market research so you have to conduct a market research before starting a real estate business because market research is very important to know about the market situation and after conducting research you will know about your competitors and you will also know about the market price of commercial and residential land and you will know about the brokerages so after market research you can set your prices according to competition. You have to conduct a research about legal registration which is required for a real estate business like Registration under Real Estate Regulatory Authority (RERA) is compulsory for Real estate business. This article talks about the legal registration which is required for your business and here are some legal registration which is important for your mention below.
  • If you are thinking of starting a real estate business then you have to register your real estate business under Real Estate Regulatory Authority (RERA) because RERA act makes compulsory for all residential and commercial real estate projects with a land coverage of over 500 sq. or containing eight apartments shall register under RERA and it is also compulsory for all real estate agents to register under RERA because without registration under RERA they cannot sell property. If you are planning to start a real estate business then you can register your business at 99 sqft and start listing you properties. You can get good leads and services such as exclusive Digital Marketing, Real Estate CRM and Website Development.
  • Business registration is most important thing for your real estate business because without business registration your rights will not secure under the recognized laws. You can register your business as Private limited company, partnership firm, Limited liability partnership firm, one person company. All these business entity has their own profits and loss for e.g. LLP is a separate legal entity which can sue or can be sued and partners will not be liable personally whereas in sole proprietorship firm owner will be liable personal for his act. You can apply for business registration through online or offline procedure.
  • You have to apply for PAN card because it is most important document for commercial transactions and it is a valid id proof and other document will be made on basis of PAN number so it is very important to obtain a PAN card for your business and for personal use. Filing of Income tax return is also important in India and without PAN card you cannot file your income tax return so you should apply for your PAN card. Pan number is issued by the Income tax department of India and you can apply for PAN card online and you can also submit documents online.
  • ISO certification in India is also important for this business because ISO certificate is issued for the international standards and after getting an ISO certificate you can use the mark of  ISO. ISO mark increase credibility in the market so you should obtain an ISO certificate. 


As you can see in the above article that business registrations of your business is very important and you can register your company or Limited liability partnership firm under the ministry of corporate affairs through online company registration.  Registration under RERA is mandatory for all real estate business and it is also mandatory for all agents who are dealing with real estate business. Obtaining an ISO certificate is also important for you because it will increase your credibility in the market you can apply for this through an online procedure and you should obtain a PAN card also so you can use your PAN number for future references. So as you can see above that legal registration is important and if you are thinking of starting a real estate business than you should consider the above-given points. 

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Anil Kumar

Hello, I am Anil Kumar a blogger and content writter and also seo analyst from India.

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