Special Column: Opportunities in Real estate sector
In this special column Prof Anil Sawhney, Associate Dean and Director, School of Construction, RICS School of Built Environment, Amity University shares his expert advice with Careers360 on opportunities in real estate, construction and infrastructure sectors. He discusses about the demand and supply of skilled professionals and the job prospects in these sectors.
India is rapidly urbanizing to accommodate the rising population in its cities. As per RICS’ estimates, India’s urban population is likely to be at 600 million by the end of year 2030. The emergence of new cities and towns every year impels us to develop urban and rural infrastructure including housing at a rapid pace. While the government has announced its target to provide housing for all by the year 2022, much has to be done on ground to implement this dream. But there are challenges – regulatory bottlenecks, lack of funding and skills shortage will continue to delay the process. The industry is particularly aware of the problem of skills shortage.
To execute the mammoth task of construction and development there is a constant need for qualified and skilled professionals. Reducing massive demand-supply gap of skilled professionals is fundamental for the industry to be able to deliver projects of highest quality, on time and on cost. And this shortage provides tremendous employment opportunities for country’s youth.
Infrastructure, construction and real estate sectors have been driving the employment in the last one decade. According to industry estimates, construction has provided eight million new jobs between 1999-2000 and 2004-05. By the end of year 2011-2012, the employment in construction sector alone rose three times of that number. It is noticeable that during the boom period of construction and real estate sector (period between 2006 and 2012), a significant share was added to the overall pie. The current requirement of skilled professionals demands for more. According to estimates, every year the industry needs around 5 million skilled professionals.
Variety of roles available
The three sectors, real estate, construction and infrastructure offer more than 20 different kinds of employment opportunities for a fresher across streams such as investment banking, mortgage, corporate real estate, consultancy, advisory, quantity surveying, construction project management and facilities management etc. These sectors will have millions of jobs that will be created every year. But students acquiring relevant skills will only be able to grow in their professional careers.
Opportunities also demands for specialized skills, as the variety of jobs demand for skills beyond the normal management job. Moreover, a number of technological advancements achieved over the last one decade as an outcome of the continued growth within sectors have made the arena even more challenging! Thus, a student aspiring to join a particular segment should be well versed with the nuances of the profession or should have the subject knowledge and relevant skill set. A limited number of institutions have started offering courses on these specialized streams. Some specialized Schools have also been set up that aim to fulfill the industry need for skilled professionals.
To meet the target, it is thus imperative that more and more institutions are set up that offer specialized courses on various streams across real estate and construction sectors. This can only be achieved by creating synergy with the requirements of the industry and setting up schools of learning for the sector to fulfill requirement of a skilled workforce. Collectively, educational institutions, large corporates and the government can prepare a roadmap for bringing such a framework in the country.
*DISCLAIMER: The Article published here is based on the information provided by the concerned college/university and Careers360 is not accountable for the content in the same.
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Questions related to RICS School of Built Environment, Amity University, Noida
Amity university IN Lucknow.. fee for bsc
As you haven't mentioned that in which subject you want to do BSC so I'm unable to tell you the exact fee structure for your course. According to my research I guess the fees for full 3 years i.e, total fees for BSC would range around 2.87-4.44lakhs.
For more information you can visit to the link mentioned below-
Hope it helps.
All the best.
How is amity law college lucknow if placement is not an issue as much?How is the faculty n overall development as legal professional in 5 years ?
Hello there. Hope you are doing good. I would like to tell you that Amity Law College, Lucknow is a good option to pursue your career in B.A LLB. The college's law department is considered to be one of the most active department with supportive faculties and activities conducting by the department quite frequently. So, it will definitely help you in grooming your personality as a legal professional. The placement scenario is also decent of the college. Placement is not an issue in the college as many companies visit the campus providing job opportunities.
I hope you found this answer helpful. Good luck for your future.
Among 1)SRM university 2)Manipal institute of tech. 3)chandigarh university 4)Velore institute of tech. 5)Amity university 6)KIIT which are the best and easiest to get admission for Electrical engineering and computer science minor?
If you talk about best thenVIT is 100% better among all of the above. VIT is much better in terms of acadmics, infrastructure, placements etc.
Manipal, Kiit, Cu, Srm these are also very good college but not as good as Vit.
Secondly to get admission in the above college, you have to clear jee mains with a very decent marks of more than 93+ Percentile for general category for most of them.
Although they have their separate exams as well like
- , Cu takes on boards basis
- Kiit has its own exam
- Manipal also conduct own entrance
But jee mains marks are also considered.
Now every exam is equally difficult to clear.
I hope this helps
I am a student of BCA from Amity University. In our university maths is only for 1st semester. so, I wanted to know that I am eligible for NIMCET entrance test which required maths an compulsory subject encapsulation.
Hello there. Hope you are doing good. I would like to tell you that yes you are eligible for NIMCET entrance test. NIMCET eligibility criteria requires you to have BCA from a recognized university with Mathematics as one of the subjects. I am providing you a link which contains eligibility information of NIMCET.
Hope you found this answer helpful. Good luck for your future.
amity university cut off for cse?
Amity university takes admission on even boards scores only.So for cse criteria is such that you need at least 69% in PCM with english.They also have their own exams and further they take interview also.But actually they take anyone having more then 69% in boards but there should be seats left for you. Even if you have not registered before and suddenly go to the university for admission that too in the starting of month SEPTEMBER, they will take you in if they have seats left.
Moreover go through the below link for more information on cutoffs.
Hope the answers are clear enough.