How is Real Estate a viable career option for college graduates in COVID era?

Is graduating this year seems like a wrong decision? Are you feeling uncertain about your job prospects? Are you puzzled as to what starting salary amount you will be offered now in COVID era? If all of the above mentioned questions are answered YES! by you, then reading this article will definitely help you in eradicating some level of stress.  As we will be moving forward, the highlights of this discussion would be-

1. Substantial job hunting methods
2. Begin your career with Real Estate (Never heard anyone saying it, but it is a secret about to be revealed soon)
3. Why the realty sector promises growth?
4. What are the preparations you need?

Let’s be brave and embrace the on-ground reality

When the going gets tough, the tough gets going, COVID -19 has rightly taught all of us that even when everything is at a standstill, there is still so much to discover and accomplish. You must always be in the positive spirit to inculcate new attributes as the time changes. The people graduating and planning to enter the workforce this year must be prepared to work in circumstances like never before. Remote working is the new normal, so ensuring all the required tools and skill set for same is a must.  Many of you must be waiting for your pending joining date mails from the HR, although there is nothing wrong in exploring more options in these uncertain times. Who knows you might have settled for an average option before, but the best offer awaits you.

It is time your job search becomes analytical

The COVID crisis has toppled industries, and for someone planning to begin their career, it is really important to be adaptive and ready for honing your skills as per the changing industry standards.  Think before sending out your resumes; is that industry guaranteeing a prosperous future growth?

Important Announcement – EasyShiksha has now started Online Internship Program "Ab India Sikhega Ghar Se" during this lockdown. 

When you come to think of it, real estate is one such industry which never goes out of demand. People always need houses and commercial spaces, and with advancing times they sure do need better than the best options. Government’s increased focus on improving infrastructure and living standards of the citizens are some of the other factors that add the impetus to realty.  In order to deal with such challenging and novel demands, the industry needs people with innovative approaches and trendy mindsets, ones who are the go-getters, as the competition is fierce. The sector is divided into basically two segments for graduates, who are open to gain from industry learning experience; additionally the sector also provides ample opportunities for making a long-term career out of your training period. So, the two categories of professionals needed are-

Specialized Professionals - Facility Managers, Property managers, Valuers, Sustainable development experts etc.

Core Professionals- Engineers, Architects, Interior Designers and Planners, Management & Sales, Business Development, Finance Analysts and Lawyers.

Growth in realty sector

Real estate sector is standing at the brink of a technological boom, with everything becoming digital due to the COVID-19. Sales and revenue generation model have been incorporated onto the virtual interfaces, which is convenient for the investors and buyers to explore the plethora of options available. Tier II and Tier III cities with improved infrastructure and better connectivity would be encouraging beginning of umpteen residential and commercial projects. The industry works on expansion and improvisation, no matter what growth is the definite outcome.

Imbibe the skills of new normal

Be open in learning new working standards which involve remote functioning, and working with online networking initiatives. Confirmation of your application is likely to take more time than usual and on-boarding might come with a different set of T&C, which did not exist before in the industry ecosystem. The uncertainty of COVID has made the industries take such steps; no one is to be blamed. It is very likely that a virtual interview is set up with your new team heads and HR to assess your capabilities. Get familiar with the social cues to be used in video conferencing when you want to interrupt or express a disagreement with someone. Your social media accounts must be updated and can very well act as a window to your previous work and projects, so polish them if required.

Authored By:

Vijay Verma, CEO, Sunworld Group

During our today's conversation after a long.. long time, I felt it necessary to share my corporate profile in brief to make you informed about the knowledge, know- how, skillset and proven leadership quality; which I have acquired, possess and can impart when leading/handling any technical, legal and business and/or technology management assignments; while steering for the short and long term growth of any organization.

 ¦ Myself being IIMA- Alumnus; have excellent academic journey passed through many premier academic and professional institutions of the country. The area of my academic excellence covers many disciplines; like Engineering & Technology, Technology Management,  Business Management, General Management and Laws. Further, after qualifying All India Bar Examination in  first attempt I have been awarded with Certificate of Practice to profess the legal profession and presently registered as an advocate to practice legal profession in "Supreme Court of India".

 ¦ Have over 20 years of experience in providing strategic & functional project management services to private sector, government organisations and leading non profit making organisations.

¦  Have skills of effective management of resources, cost, risk, contracts and various other aspects of business involved in projects like fraud, risk etc.

¦  Have been instrumental in creating a number of private-private, private - public and public-public partnerships.

¦ Have also assisted and steered the early phase of many Indian and cross border startups' development projects  and have played  key roles in developing, incubating and managing many Indian grass root innovations and technologies.

¦ Also worked for many technology transfer & licensing assignments and have handled many projects of technology landscaping, freedom to operate analysis, opportunity assessment, strategizing for startups, real estate turnaround and IP due diligence.

¦  Specific areas of my interest include corporate strategy, leadership, team development, change management, talent acquisition & management, operational research and management,

fraud & risk management, project management, revenue management, decision analysis, business systems development.

¦  Have carried out numerous consulting assignments in the private sector on cost saving and resource use optimisation for many resource constrained companies and have drawn turnaround blue prints for their long term growth.

In addition to above, it is also prideful for me to share that last year the Union Government so called Modi Government has short listed my above profile; while acquiring diversified talents from private and public sectors at senior IAS positions ie Joint Secretary level through lateral entry, it is in its consideration upto the last round but due to some technical reasons still it is on hold with UPSC.

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