India’s real estate industry is witnessing rapid diversification as huge investments are made in segments like IT parks, malls, cine-plexes and townships.
Industry has been growing over 20 percent annually for the past five years, contributing 8 percent of the GDP. The total market value of under-construction projects in India has crossed $100-billion mark. India also leads among the top real estate investment markets in Asia for 2010, according to a study by pricewaterhouse coopers and Urban land Institute.
Property and real estate managers can work with real estate departments in banks, NBFCs and trust companies. Most of these manages prefer to work with real estate firms. Besides job options in community association management companies and national and international property management firms are also available for these managers. A real estate manager also can work independently. Besides jobs in civic groups, estate sales and marketing firms and co-operatives are also open to these professionals.
