Indian property
zone observed dynamic development since the starting of the millennium. Builders
started launching projects after projects, which accustomed to be maintained by
pioneering financial tools presented by private equity and venture capital
funds as well as traditional financial institutions. Government just as carried
the development with its enlargement leaning policies. Residential Finance
Institutions added its share in the development by proffering loans copiously
to potential residence buyers. Alternatively, builders started preparing ground-breaking
marketing, customer service and sales strategies. They rapidly moved as of local
and direct level marketing to international and national level marketing. Universal
Web became single among the most common mode of promotion.
These
developments affected in enormous necessities of competent, trained and high-quality
human resources for the real estate sector. Unluckily, since the time real
estate business begun increasing, neither the players are of this area nor the
Government ever consideration of any long term plan to develop manpower for
this significant financial sector, except intermittent airing of anxiety. The outcome
is the keen manpower crisis in the Indian real estate sector.
On the other
hand, it is appeal to bring up here that there have been little initiatives to proffer
landed property education in India, most obvious.
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