RICS SBE Blog

Why choose a career in Real Estate during the pandemic?

Written by RICS SBE | Jul 12, 2021 8:58:53 AM

The COVID-19 has adversely disrupted the economy but despite being that, real estate is the only sector that is growing and will grow. In light of the global pandemic, many governments have taken huge steps towards the development of health infrastructure. It will create a plethora of career opportunities in the coming years for industry professionals. However, to grab these opportunities, you should be fully equipped with the requisite real estate knowledge. 

To gain in-depth industry knowledge, you can enrol now in the top real estate courses or construction management courses so by the time opportunities will open up, you will become an expert professional to grab those in real-time. 

Let’s have a deeper look at upcoming career opportunities in the real estate sector so you know why pursuing a graduate or postgraduate programme in real estate and construction is crucial at this point.

Upcoming Opportunities in the Real Estate Sector

In the budget 2021, the government has proposed to increase the safe harbour limit by 10% for the specified primary sale of residential units. The Finance Minister has also taken the initiative to make housing affordable. 

Budget 2021 is also directing efforts towards infrastructure development. The Finance Minister announced that 1,016 km of metro and RRTS is under construction in 27 cities. Two new technologies, MetroNeo and MetroLite, will also be deployed that will ensure the same experience at a lesser cost. It will provide convenience and safety in some cities and peripheral areas.

The real estate and construction sector will witness a tremendous boost with the promotion of the Development Finance Institution with a specific lending portfolio of INR 5 lakh crore. The monetisation of assets of the key sectors, such as highways, railways, ports, and sports stadiums is the right step in the direction of built environment growth. 

Moreover, steps are being taken to enable debt financing of InVITs and REITs by foreign portfolio investors. Infrastructure Debt Funds have also been permitted to issue zero-coupon bonds with tax benefits, rendering an excellent opportunity for investors, and ultimately a step towards improving the built environment condition. 

In all, the government is taking the required steps to boost the built environment sector. Now, it is on you how you take benefits from these opportunities. The best step would be to upgrade your skills at this point so you can give tough competition to other aspirants. 

However, for upskilling and upgradation, you need to select the best real estate and construction management college because learning from the best matters. One such best institution is RICS School of Built Environment (RICS SBE) that facilitates its students with RICS accredited, globally recognized, highest quality education. It will prepare you thoroughly with conceptual and practical knowledge to excel in the real estate sector. 

Placements:

Despite being a global pandemic, RICS SBE managed to get placement for its students in the top companies of the industry. Its placement statistics during these tough times (over 82% of students got placed within 3 months) are a testimony to this. 

Also, some of the top firms that regularly visit RICS SBE during campus placement time are:

  • DLF
  • E&Y
  • HDFC Capital Advisors
  • Cushman & Wakefield
  • Liaises Fora
  • Savills
  • KPMG

A graduate from real estate programme can apply in job domains of:

  • Strategic Consulting
  • Research and Analytics
  • Design and Development Management
  • Regulation and Compliance
  • Real Estate Transactions
  • Real Estate Marketing
  • Customer relationship Management 
  • Land & Building Valuation
  • Corporate Finance and Capital Markets
  • Mortgage and Housing Finance
  • Corporate Real Estate Asset Management

To conclude, if you want to have a flourishing career in the real real estate sector, then this is the prime time to enrol in the related course for career development.

 

About RICS SBE:

RICS School of Built Environment (RICS SBE), Amity University is an industry-led academic institution that delivers specialized undergraduate and postgraduate programs to students ambitious to work in the real estate, construction and infrastructure sector. It also aids as a hub for research and development of technical proficiency in a built environment.