‘Real estate industry pays higher than any other industry’

The Indian real estate industry is growing at a notable speed, but still struggling to get an ‘industry’ tag. The reason for which many believe is the fact that most real estate companies are family-run businesses and lack corporate professionalism. Thus making it difficult for people to survive and excel in such a set-up.  So, what are the skills that can help you to make a successful career in the real estate industry?

“Keeping  in mind the rapid developments in the industry, skills such as good construction knowledge in terms of faster constructions, best practices, method and technologies, space management technologies, human and material optimisation technologies are required for people in construction. Good communication skill will be an added advantage, especially for sales & marketing professionals,” said Ashok Kumar Jaiswal, vice chairman, GCJ Group during a “High-Tea” session, a dedicated chat platform on TimesJobs.com for candidates to ask career related queries from experts.

Jaiswal advised senior professionals, in the real estate industry, to get ready to take on more challenges and responsibilities, learn man and team management and continuously upgrade their knowledge to move up the ladder.

According to him, finance, sales and marketing and technical functions will be the most in-demand profiles in the real estate industry in 2013.

Highlighting the salary trends in real estate industry, he mentioned that compensation is directly proportional to micro skills required in the industry and the real estate industry actually pay at par or higher than any other industry in India. “And, the work pressure is also less compared to IT, Telecom and the FMCG industry.”

During the session, Jaiswal affirmed that there are opportunities available for freshers in the industry. And, it is advisable for freshers to start their innings with a basic job, understand the industry and stick with a company for longer duration to learn the tricks of the trade.

In his view, the success and survival mantra of the real estate industry is continuous skill development and awareness about new technologies, a good knowledge of target audience, good communication and a sound knowledge of human behavior.

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