Becoming a builder can be rewarding but it involves a lot of patience, resilience, and hard work. However, if you are really passionate about it, then you can open your own construction company. Read below to know how to become a builder in India:
Process to start a construction company:Create a business plan consisting of all the business details
Research the marketplace to figure out the construction needs in the desired society, area, or locality
Register your construction company with the MCA (Ministry of Corporate Affairs)
Develop a network with property dealers, partners, builders, contractors, brokers, and suppliers
Get a fleet of vehicles on a contractual or permanent basis from a transport company
If required, opt for several types of business loans provided by financial institutions
Submit a DSN application to get Director’s Pin (DPIN) and Digital Signature Certificate (DSC)
Get DIN from MCA’s official website
Check for name availability from three name options to finalize it
Download and submit SPICe INC 32 form at the official website of MCA for company incorporation
Draft an Articles of Associate (AOA) and Memorandum of Association (MOA)
Get the Corporate Identity Number (CIN) number for the Incorporation Certificate
After getting the incorporation certificate, apply for the bank account, TAN, and PAN
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Authors Of The Question
How to become a builder in India?
Rekha
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1 Answers
3 Year
2021-08-13T14:53:19+00:00 2022-07-25T16:00:46+00:00Comment
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