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The real estate industry is booming in both value and volume, supported by a robust network of developers in residential and commercial projects, contractors, consultants, and investors.
“This ‘mother industry’ is driving growth in related sectors, and the surge of PropTech startups, which have attracted over Rs 40,000 crore in investments, is set to create a multitude of career opportunities,” said Vikas Jain, President-Elect of NAREDCO Maharashtra Next-Gen, at a seminar on Saturday.
Rajesh Doshi, Secretary of NAREDCO Maharashtra, highlighted that real estate is no longer confined to traditional roles like engineering and architecture.
“Today, the industry is a place for ambitious individuals who can transform possibilities into reality. With the integration of technology, big data, and 3D modeling, there is growing demand for professionals such as data scientists to forecast industry trends,” Doshi added.
A recent report by Knight Frank and NAREDCO suggested that the future of India’s real estate market remains optimistic. The ‘Current Sentiment Index Score’ moderated to 65 from its peak in Q1 2024, while the ‘Future Sentiment Index’ adjusted from 73 to 65 in Q2 2024, signaling a positive but cautious outlook.
