NIC Code for a Real Estate LLP
For a real-estate LLP the principal NIC-2008 code in Form FiLLiP is 68100 — “Real estate activities with own or leased property” if you own, lease and deal in property, or 68200 if you work on commission as an agent or broker.
68100 is buying, selling, renting and operating your own or leased real estate. 68200 is agents, brokers and property managers acting for a fee. A developer who builds and sells is usually 41001 (construction of buildings), with 68100 as a secondary activity.
FDI is the decisive caveat. “Real estate business” — dealing in land, earning rent, trading in transferable development rights — is prohibited for a foreign-funded LLP. Construction-development of townships and housing is a separate, FDI-permitted activity. So a real-estate LLP with any foreign investment effectively has to be a developer (41001), not a landlord (68100).
Match the object clause to the code you pick — 68100 vs 68200 vs 41001 — because a name-versus-activity mismatch here is a common resubmission reason. RERA registration is a separate approval.
Recommended NIC‑2008 codes for a Real Estate Business LLP
Select up to three of these as your industrial sub‑classes in Form FiLLiP, with one marked as the principal activity. Open any code in the full finder for the plain‑English notes, the parent division and a sample object clause.
| Code | Description (NIC‑2008) | Division | Notes |
|---|---|---|---|
| 68100 seen on a real filing |
Real estate activities with own or leased property | 68 — Real estate activities | Restricted for a foreign-funded LLP. |
| 68200 seen on a real filing |
Real estate activities on a fee or contract basis | 68 — Real estate activities | Real-estate activities on a fee or commission basis — agents, brokers, property managers. |
| 41001 seen on a real filing |
Construction of buildings carried out on own-account basis or on a fee or contract basis | 41 — Construction of buildings | Construction of buildings (own account or on contract), including developing and selling. Roads/infra is division 42; finishing/fi... |
Before you file
- The proposed LLP name and the LLP Agreement main‑object clause must both be consistent with the NIC activity and description — FiLLiP is reviewed manually and a mismatch is a standard resubmission reason.
- You may list up to three NIC‑2008 five‑digit sub‑classes; mark one as primary. The MCA V3 form auto‑fills the parent two‑digit division.
- Use NIC‑2008, not NIC‑2025 — MCA has not adopted NIC‑2025 as of 2026.
- If the result carries a regulator flag (RBI / SEBI / IRDAI / a profession council), attach the in‑principle approval to FiLLiP.
FAQ
What is the NIC code for a real estate broker or agent?
Real-estate activities on a fee or commission basis — brokers, agents, property managers — are 68200, not 68100.
What is the NIC code for a property developer?
A developer who constructs and sells is usually 41001 (construction of buildings). 68100 (holding, leasing and dealing in own property) is listed as a secondary activity where the LLP will also hold stock or land.
Can a foreign-owned LLP do real estate?
Not as a "real estate business" (dealing in land, earning rent). That is barred for a foreign-funded LLP. Construction-development of townships and housing projects is permitted, so a foreign-funded real-estate LLP has to be structured as a developer.
Related
- NIC code for a Construction Company LLP
- NIC code for a Trading / Wholesale Business LLP
- NIC Code for LLP Registration — the hub guide + finder
- LLP registration process — RUN‑LLP, FiLLiP and the timeline
- LLP Agreement and Form 3 — the main‑object clause
Source. NIC data: Government of India, National Industrial Classification 2008 (MoSPI / NSO), reconciled 9 September 2026. Statutory points: LLP Act 2008; LLP Rules 2009 (Rules 8, 11, 18); MCA V3 instruction kit for Form FiLLiP. Codes marked “seen on a real filing” were accepted on LLP incorporations this firm filed in 2025–2026, used in anonymised, aggregate form only. Guidance, not advice on your specific objects.