Steps to Start a Career Real Estate in India: A Beginner’s Guide
The real estate market in India is one of the most promising sectors for starting a business today. From a size of USD 120 billion in 2017, it is expected to grow to USD 1 trillion by 2030. Yes, this sector is flourishing at a jet speed, thereby attracting people from all backgrounds to start their own venture here.
It’s amazing to see that the real estate in India wasn’t this rosy all the while; in fact, this sector has witnessed its share of instability before it came about to becoming one of the best evolved businesses in the country. With enhanced transparency and enforcement of improvements such as RERA, REITs, and Title Insurances, the industry is now in better care and zone.
So, if you are planning to enter this market and carve a niche for yourself, it would be a good idea to do your homework before you take the actual plunge. Address of Choice has compiled this list of 7 essential steps that can help you get on to achieving your goals.
Step #1: Research and evaluate
Step #2: Pick and choose a specialty
Step #3: Obtain the required licenses and registration
Step #4: Chalk out a business plan
Step #5: Put together a brilliant team
Step #6: Go online
Step #7: Revisit step #1 and follow the steps to expand
Once you have become a ‘pro’ at your job, it’s now time to expand. You could choose a different specialty this time or expand in your own line of business. In either case, go back to the first step and walk this path again.