infowebsite.in
While there isn’t a specific qualification which is a must requirement, it is said a bachelor’s or master’s degree in real estate management, civil engineering or architecture, urban planning or management with specialization in real estate will be useful
Know how to make a career in Real Estate industry. Getty image/ representational
New Delhi: India is currently enjoying growth in its real estate sector, which is becoming a good profession for fresh graduates. Due to fast urbanisation, increasing purchasing power, on policies such as “Housing for All” the industry presents different opportunities for the new comers.
In case of taking up a career in the real estate industry, it is essential to know the present structure of the real estate scenario present in India. The sector is divided into four sub-sectors housing, retail, hospitality and commercial each area has its own set of problems and opportunities. Besides, post the implementation of RERA there has been greater transparency and professionalism in the sector, thus fostering greater interest among job seekers.
While there isn’t a specific qualification which is a must requirement, the social or business dimension of the job also makes it an an advantage when you have a relevant field of study. In these regards, it is said a bachelor’s or master’s degree in real estate management, civil engineering or architecture, urban planning or management with specialization in real estate will be useful.
Brainstorming and facilitation course from one of the Indian Institutes are among those for new education which are now being grabbed, as there is increased demand for specialty in real estate.
To be successful in real estate any other career, one has to be multi-talented. Emphasis has to be placed on communication skills that are essential in dealing with clients and in negotiations.
Polish your skills in market analysis and property evaluation. Learn the Indian real estate laws and other jurisdictions and learn how to use property software and online marketing. Networking is also critical in this Line of Business.
The real estate sector provides different kinds of jobs. For instance, in the Indian setting, there are several popular choices one can make such as Property Broker/agent, Real Estate Consultant, Property Valuer, Facility Manager, Real Estate Developer, RERA Compliance officer, Real Estate Investment Analyst among others. Be sure to research every job so that you choose one that will correspond with your skills and ones that you’re interested in.
Appropriately, theoretical aspects are necessary but actual aspects count more. Proposed is to seek jobs in real estate companies or with property developers, accompany specialists, attend and market properties, and join student societies in real estate. Indian real estate market conditions are ever changing so do and follow the changes in policies of the government regarding the real estate market, new developing cities with emerging real estate markets, new technologies in construction, property management, and the increasing popularity of green building in India.
In the sphere of real estate business, it is very important to have contacts. You should be a member of professional associations like CREDAI or NAREDCO. Or go to the trade events, conferences, seminars, and workshops for professional exposure. Technology is fast developing in the Indian real estate sector, so get used to Virtual and Augmented Reality for property presentation, Big Data for market analysis, and Blockchain for transactions that are already becoming standard practices in India.
The need for a comprehensive presence online has also arisen. Create respectable accounts on social networks, such as LinkedIn and scrap and construct for yourself a blog or open a Youtube account for searching potential clients or facing employers. Get ready for the standard difficulties of the industry such as no fixed monthly payment in the beginning, twelve hours work, weekends especially when there is a crisis, tedious clients and the need to cope with the instability.
This profession is something that can prove to delight the hardworking individuals willing to join India’s real estate industry. After preparing up, keeping on learning new skills, understanding the market dynamics, and developing relationships can help you make a successful career here.
As a cold hard fact, there will always be chances to flourish in the Indian real estate sector as long as one works hard and learns on a regular basis. You have the option of being a property consultant or a developer or an investment analyst. This sector is myriads with many interesting opportunities. If strived for with the right approach, this is no doubt one of the most active fields in the country and as such career opportunities are immense.
Next Article
Follow us on social media
