Real estate is all about property, land, buildings whether residential, commercial or industrial. Real estate sector serves in the growth of the Indian economy. But some economic factors affect the growth of this sector, thereby changing demand and supply of the properties, land, etc.
Challenges in Real Estate Sector faced by both customers as well as the developers or sellers
Determine the products or services you want to sell
Develop a business plan including the expected costs.
Arrange money either through self investment or loan.
Take advantage of the online tools to track your retail business activities and work on better decision making, instead of making detailed spreadsheets offline
Acquire any business licenses required.
Register your entity
Develop a marketing plan