Career in Real Estate

What is Real Estate?
Initially real estate was considered the worst hit sectors. But now it is gaining importance. There are various developments in real estate like, design, marketing, sales and customer relations management etc. In all these above sections trained people are required. Land development is one of the most significant specialities in the real estate industry. On barren land developers build government buildings, industrial buildings, commercial offices, hotels, malls, etc. Property managers maintain property to produce the highest possible financial returns. The real estate counsellors give advice about property.

Career Scope:
Various jobs are available in services like, landscaping, electrical installations and plumbing. The real sector industry is the second biggest employers after the agriculture industry. Construction and housing is growing so the future in this field is expected to be quite bright. Graduates from IIM’s and other top colleges are given preference. Job opportunities are available in commercial banks, insurance companies, saving associations, consulting firms, real estate developers, and industrial brokerage offices. There are no specific colleges conducting the real estate course. Graduates from various colleges are selected, such as Architects, engineers, MBAs advertising etc. 

Career Path:
In real estate, employers from various fields are required, such as architects, engineers, finance, legal. Professionals from any field can work in real estate firms. Growth may vary according to the department.

Remuneration:
The pay scale differs as per the projects taken up. Initially the pay package is, approx Rs. 300000/. The earnings may go up to crores, as per the project handled.