11 February 2013
MCA form 2 requires the Category of business to be filled in. Please let me know whether land development is covered under division "Real Estate" or which is the appropriate category / division
Please find the below detailed list of activities following under real estate
DIVISION 70 : REAL ESTATE ACTIVITIES Real estate activities with own or leased property. [This class includes buying, selling, renting and operating of self-owned or leased real estate such as apartment building and dwellings, non-residential buildings, developing and subdividing real estate into lots etc. Also included are development and sale of land and cemetery lots, operating of apartment hotels and residential mobile home sites.(Development on own account involving construction is classified in class 4520).
Purchase, sale letting of leased residential buildings
Purchase, sale letting of leased non-residential buildings
Operating of real estate of self owned residential buildings
Operating of real estate of self owned non-residential buildings Developing and subdividing real estate into lots Lessors of real property Real estate activities with own or leased property n.e.c.
Real estate activities on a fee or contract basis. [This class includes buying, selling, renting managing and appraising real estate on a fee or contract basis. This class also includes the service activities provided by Munshi.]
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