A Growing Real Estate Sector Spurs Employment Demand

The adoption of technology in real estate, including virtual property tours and blockchain in property transactions, is creating job opportunities for tech-savvy professionals. Furthermore, with an increased number of millennials and Gen-Z desiring more flexible living and working spaces, plenty of co-living and co-working start-ups have come up, further fuelling skilled talent management, says Rajat Seth, VP- HR, Elan Group

The real estate sector in India has undergone a remarkable transformation in recent years, evolving from a fragmented and unorganised market to a thriving, dynamic industry. This transformation has not only spurred economic growth but has also created a wealth of employment opportunities for a diverse range of professionals.

India’s real estate sector has experienced substantial growth over the past decade. A report by the Indian Brand Equity Foundation (IBEF) reveals that the real estate and construction industry contributed approximately 7.8 per cent to India’s GDP in 2021. Furthermore, the sector is expected to reach a market size of $1 trillion by 2030. One of the main factors propelling this growth is urbanisation. Rapid urbanisation has triggered a demand for residential, commercial, and infrastructure projects, driving the real estate industry forward.

Source: Business World

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