Pinnacle

February 18, 2008
Hindustan Times
Anuj Puri, Chairman & Country Head Jones Lang Lasalle Meghraj


Compared with developed countries, India's real estate sector still lacks sophistication and transparency. However, it is now the cynosure of international investors, thanks to the gradual opening up of certain sub-sectors like townships and retail to foreign direct investment. This has naturally brought on the need for better, more capable human resources.

Though real estate is not rocket science, there is a fair degree of complexity involved in the business. As in any other business, real estate businesses operate either by respond- ing to existing market trends or opportunities, or on the basis of an indepth understanding of the market, keeping an eye on both emerging pos- sibilities and long-term integrity of the market. The first method is reactive and often opportunistic. The latter is based on information rather than gut feeling, and results in assured growth rather than short-term gains that only involve calculated risks.

India's economy is growing at an annual rate of seven to nine percent. This implies rising incomes and therefore higher aspirations among many social strata. However, real estate prices have been rising concurrent, and building wealth through real estate has become a complicated art in which the practitioner can leave nothing to chance. The scenario is changing fast and there is a lot of professionalism coming in because of the arrival of major international players. Developers are cleaning up their act and introducing best practices and higher transparency now, thanks to evolving market dynamics.

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Ram

vishal.k.dhawan

sir

iam living in punjab working in a bank as sales mgr.but i am very keen to joing real estate company in india..how can i proceed because i dont have much exp in real estate..pls suggest...


thanks,
vishal

jaideep90

What are the career options in real estate companies .Can any one can guide me....

Jaideep Mukherji

arti

you can either join the Developers or else the property consultants..

ks2071746

Dear friend,

I agree as far as the big names in the field are concerned. But there are many small players who lack the needed transperency and most of them take the poor buyers for a ride and even go to the extent of overcharging or duping them.

ks2071746

MANOJa

Maharashtra Chamber of Housing Industry (MCHI- CREDAI) and Rustomjee Academy of Global Careers have joined hands to provide certified courses to youth aspiring to make a career in real estate industry.

The first batch of students was presented with certificates on completion of the course by Mr. Paras Gundecha, President, MCHI-CREDAI and Mr. Boman Irani, HON. Secretary of MCHI-CREDAI.

The sole aim of this initiative is to train and give a career opportunity to the underprivileged youth, improve and enhance existing skill sets of the workers which will further help them to increase their income levels.

Speaking on the occasion Mr. Paras Gundecha, President, MCHI-CREDAI said, "We are delighted to be associated with Rustomjee Academy of Global Careers as this will help the industry to benefit from better skilled workmen. With the real estate industry growing at a rapid pace there is a dire need for upgrading the competence levels of workers, which will have a direct impact on the productivity in the industry".

Adding further to this Mr. Boman Irani, HON. Secretary of MCHI-CREDAI and CMD of Rustomjee Group commented, "This tie-up with MCHI-CREDAI gives us a larger platform in making this venture more successful and reaching a larger audience. Through this initiative we are providing a range of options and will be able to recruit the best talent".

Rustomjee Academy of Global Career focuses on providing practical training to the youth thereby improving the productivity. Students are getting an opportunity to be trained under the best practitioners of the industry.




MCHI - CREDAI collaborates with Rustomjee Academy of Global Career - The Economic Times

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Please Read IREF Rules FAQ's

aahnagupta

There are lot of job options in the field of Real Estate.Some of them are:
Residential Real Estate Agent/Broker
Commercial Real Estate Sales
Real Estate Appraisal
Property Management
Real Estate Advisory
Investment Banking
Development and Construction
Real Estate Entrepreneur

aksharbharti

This is the good industry to make money in quick time. You can apply for real estate consultation, real estate agent.