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Indian Real Estate continues to write its success story in the Job Market – employing 17 percent of educated Indians and an estimated 2 billion people in the next 5 years. The success of the Indian real estate sector has more to it, than the soaring prices of properties across the country.
Indian real estate sector is such a vast field which has provided job opportunities to people from various other spheres like investment bankers, marketing managers, visual merchandisers and people from supply chain distributors. India’s total retail market is estimated at Rs 9,300 billion where as organized retail sector is pegged at Rs 300 billion and is expected to grow at a rate of 30 percent over the next five years.
According to well placed source with Axiom Estates-India Property Service Provider “The reasons for such huge job demands, has been due to great demands for Commercial as well as residential real estate projects that requires skilled manpower”. Experts feel real estate industry sector requires people who have knowledge in business, finance, investment and last but not least are good at communication skills.
This recent spurt in jobs in this sector has broken the widely accepted notion that real estate can provide jobs to only people involved in construction or to civil engineers