India's real estate sector: A growing hub for diverse career opportunities
As India’s real estate sector expands, it creates dynamic career paths across various fields, from internships to leadership positions, fueled by technological advancements and evolving consumer needs.
As urbanisation accelerates at an unprecedented pace in India, the real estate industry now comprises career opportunities that are as dynamic as the cities we live in. The real estate sector accounts for more than 18 percent of the total workforce in India, with employment surging to 71 million in 2023 and more jobs expected to be created in coming years.
Real estate is unique in that it encompasses a diverse array of jobs and specialisations. Whether you’re interested in the hands-on work of construction, the strategic aspects of property development, or a customer-facing role in property sales, there is a place for you in real estate.
Real estate also offers roles in finance, legal compliance, marketing, and technology, making it a multidisciplinary field with ample room for growth and specialisation. As the industry continues to evolve, driven by technological advancements and changing consumer preferences, the demand for skilled and unskilled professionals is on the rise.
This has opened up numerous pathways for individuals to enter the industry, whether through internships, lateral moves from other sectors, or leadership roles.
Pavan Kumar, Founder and CEO, White Lotus Group, has shared different career pathways in the real estate sector.
Internships are a crucial first step for those entering the real estate industry, offering hands-on experience and essential skills. Interns may assist with property management, learning about tenant relations, or explore real estate finance, gaining insight into property transactions. At a development company, interns might shadow project managers, learn teamwork, project management, and client relations as they witness a project from concept to completion.
These opportunities provide a strong foundation and help interns discover their areas of interest, with many programs leading to full-time roles as they prove their abilities.
Transitioning to Leadership Roles
Leadership roles in real estate are as varied as the industry itself, encompassing positions such as Operations Head, Sales Director, and Construction Manager, amongst a wide variety of others. While professionals develop relevant knowledge over years of dedication and continuous learning, real estate is also unique in that anyone from any field with any amount of experience can transition into the industry.
From artificial intelligence and machine learning to augmented and virtual reality, cutting-edge technologies are being harnessed to enhance customer experiences, optimise operations, and drive sales.
The integration of smart home technology and a focus on energy efficiency are further defining the future of real estate. These technologies are actively transforming the sector and will continue to do so.
Cultivating the Next Generation of Leaders
Staying ahead in real estate requires a forward-thinking approach, starting with the hiring process. By seeking candidates from top-tier schools with strong academic and professional credentials, companies can build a foundation of future leaders. Equally important are qualities like authenticity and purpose, which ensure a cultural fit and contribute to shaping the industry’s next generation of trailblazers.
Innovation is key in every department, from design to construction. Utilising the best materials, advanced data analytics, and cutting-edge construction technology is no longer optional-it’s essential. Establishing an innovation hub where creative ideas are nurtured will help position the company as a true disruptor in the space.
Additionally, introducing Program Managers – capable stakeholders who will shadow the Founder and eventually lead their own vertical-ensures that the company remains agile. This approach frees up bandwidth while maintaining leadership focus on new and emerging verticals.
