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Real Estate

Overview

Rapid urbanization, rising income levels, and a surge in middle-class demographics have changed the face of the Indian real estate sector. Buoyed by spectacular growth, the real estate sector in India is now the second-largest employer in the country.

While major Tier 1 cities are witnessing significant growth, even Tier 2 cities such as Pune and Coimbatore are seeing a surge in real estate activity. The real estate sector has opened the doors for direct foreign investment in India and is now offering new, exciting career opportunities.

The Real Estate Sector in India: A Snapshot

Key Stats
  • The real estate sector contributes about 6.3% to India’s gross domestic product (GDP)
  • Housing is the largest segment in the real estate sector; however, retail, hospitality, and commercial segments are also growing in tune with India’s rising infrastructure
  • In the commercial real estate segment, Bangalore and Mumbai are the leading cities
  • The Government of India has approved 100 Smart City projects in the country
Challenges
  • This sector is heavily influenced by global economic factors
  • Despite government measures, the real estate sector continues to be plagued by rampant corruption
  • Land sharks and land mafia are increasingly becoming an issue
  • Lack of transparency in the overall real estate industry
Trends for the future
  • We expect increased dependence on non-banking finance companies or NBFCs for funding in the real estate sector
  • Investment in India’s real estate by non-resident Indians will increase with easing up of norms
  • The Indian real estate market will touch US$180 billion in value by 2020
  • New and emerging sectors such as E-Commerce and consulting will occupy most of the demand in the commercial real estate space

Selective Global Search in the Real Estate Sector

The real estate sector in India is now diversifying and changing to suit the demands of the present. Real estate requires professionals who can work with an array of clients across a wide spectrum of businesses and cater to their diverse needs. This means that the consummate real estate professional needs to consistently sharpen his/her skills and knowledge. They also need to have strong communication and advertising skills while working with high-value clients.

At Selective Global Search, we have carefully honed our skills, tracking real estate trends and analyzing market requirements.

Our Expertise

  • Warehouses

  • Land
    Management

  • Farms &
    Ranches

  • Customer
    Services

  • Mortgage &
    Insurance

  • Residential
    Buildings

  • Self-Storage
    Units

  • Medical
    & Research Buildings

  • Construction

  • Government &
    Regulations

  • Manufacturing
    Units

  • Offices &
    Commercial Properties

How We Help

  • We recognize and offer our consultants who come equipped with technical know-how and market insights
  • We are able to offer systematic process that shape your hiring needs into manageable chunks, leaving you free to take care of your critical business needs
  • We have been able to deliver value even in the complex and unstructured marketplace of the Indian real estate sector
  • We operate from sound business ethics, backed by our years of solid testimonies from satisfied real estate clients