68.12
Class
Development of building projects
SDMX: M6812
Class Level
4 Depth
0 Children
1 Siblings
📋 Official Classification Notes
✓ Includes
This class includes: - development of building projects for self-owned residential and non-residential buildings or civil engineering works by bringing together financial, technical and physical means to realise the building projects for later sale - subdividing and improving of self-owned land for later sale
+ Also Includes
This class also includes: - redevelopment of building projects for self-owned residential and non-residential buildings or civil engineering works to realise the building projects for later sale
✗ Excludes
This class excludes: - construction of residential and non-residential buildings, see division 41 - complete remodelling or renovating of existing residential or non-residential buildings involving several specialised construction activities, see division 41 - painting and glazing activities as part of maintenance, see 43.34 - construction activities related to land improvement, see section F - development of building projects for own operation, i.e. for renting out the space in these buildings, see 68.20 - architectural and engineering activities, see 71.1 - provision of architectural or engineering project management services for construction projects, see 71.1
Frequently Confused With
41
Construction of residential and non-residential buildings
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41 Construction of residential and non-residential buildings
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43.34 Painting and glazing
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68.20 Rental and operating of own or leased real estate
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71.1 Architectural and engineering activities and related technical consultancy
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Who is this code for?
Verified: SEMANTIC_SECTION_MATRIXProperty, housing and estate managers
SOC 2020:1251 Common titles: Property manager, Housing officer
Estate agents and auctioneers
SOC 2020:3555 Common titles: Estate agent, Realtor
Valuers and assessors
SOC 2020:3545 Common titles: Surveyor, Valuer
Related Occupations
Planning and development surveyorsHousing officers
Evidence: Representative SOC 2020 occupations for SIC Section L (Development of building projects).
In this section
Frequently confused with
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Data source: Office for National Statistics (ONS) —
UK SIC 2026
This is an independent reference resource and is not affiliated with the ONS or UK Government. Please verify critical information in official sources before making legal, financial, or business decisions.
This is an independent reference resource and is not affiliated with the ONS or UK Government. Please verify critical information in official sources before making legal, financial, or business decisions.