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		<title>Interview: Job Prospects in the Indian Real Estate and Construction Sector</title>
		<link>http://idsnirem.wordpress.com/2010/02/18/interview-job-prospects-in-the-indian-real-estate-and-construction-sector/</link>
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		<pubDate>Thu, 18 Feb 2010 15:03:48 +0000</pubDate>
		<dc:creator>mbastudyinindia</dc:creator>
				<category><![CDATA[Real Estate Education in India]]></category>

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		<description><![CDATA[The real estate and construction sector in India plays a significant role in terms of employment offered Yasmin Taj, Ascent (TOI) Posted On Thursday, January 21, 2010 at 01:20:59 PM 1) Please give us an overview of the real estate industry and how it is doing presently. The real estate and construction sector in India [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=idsnirem.wordpress.com&amp;blog=9012581&amp;post=20&amp;subd=idsnirem&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-family:Arial;"><span style="line-height:normal;"><span style="font-family:Georgia, 'Times New Roman', 'Bitstream Charter', Times, serif;"><span style="line-height:19px;"><br />
</span></span></span></span></p>
<p><span style="font-family:'Times New Roman';line-height:normal;font-size:small;"> </span></p>
<p style="margin:0;">
<h2 style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-family:Arial, Helvetica, sans-serif;font-size:12px;color:#000000;letter-spacing:1px;border:0 initial initial;margin:0;padding:0;">The real estate and construction sector in India plays a significant role in terms of employment offered</h2>
<div>
<h5 style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-family:Arial, Helvetica, sans-serif;font-size:11px;color:#666666;font-style:italic;font-weight:400;border:0 initial initial;margin:0;padding:0;"><strong>Yasmin Taj, Ascent (TOI)</strong></h5>
<h3 style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-family:Arial, Helvetica, sans-serif;font-size:10px;color:#666666;text-align:left;font-weight:normal;border:0 initial initial;margin:0;padding:0;">Posted On Thursday, January 21, 2010 at 01:20:59 PM</h3>
<div style="text-align:center;"><img src="http://cms.mumbaimirror.com/portalfiles/5/2/201001/Image/Sachin_Sandhir.JPG" alt="" width="212" height="320" /></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:small;"><strong><br />
</strong></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:small;"><strong>1) Please give us an overview of the real estate industry and how it is doing presently. </strong></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><br style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;border:0 initial initial;margin:0;padding:0;" />The real estate and construction sector in India plays a significant role in terms of value contribution to the country’s economy and in terms of employment offered and this role is expected to grow even further. Growing at an approximate 35 per cent per annum, the Indian real estate and construction industry is expected to reach US$ 180 billion sector by 2020.</span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><br />
</span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;">India is on the verge of witnessing a sustained investment in infrastructure build up with the Planning Commission having proposed an investment of around US$ 500 billion in the eleventh five-year-plan period (FY 2007- 2012), which is nearly 2.3 times more than the previous five-year-plan. The construction industry will thus witness a strong growth wave powered by large spends in housing, road, ports, water supply and airports development. Larger investments in infrastructure will result in an increased demand for construction and real estate professionals. The residential segment is projected to drive real estate demand in the country, accounting for nearly 63 per cent of the total space demand (amounting to 687 million square feet) during the period 2008-12.</span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><br />
</span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;">With several growth drivers such as increased investment in infrastructure, demand for residential and commercial property, and favourable government initiatives, the ability of the real estate and construction sector to generate employment is huge, resulting in the increased demand for skilled and trained professionals.</span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><br />
</strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong>3) Can you describe the current employment trends in the real estate industry? </strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><br />
</span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;">While accurate estimates for total employment in the real estate sector are not available, Construction Industry Development Council (CIDC) suggests that the construction industry engages approximately 33 million people, having grown from 14.6 million in 1995. However, only 20 per cent of this population is skilled as most professionals do not have any formal education in the field.</span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><br />
</span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;">There is a huge shortage of trained and skilled resources across levels. As per CIDC figures, shortage of specialised workforce in the construction industry is approximately 33 per cent. Separate industry estimates indicate that shortage of senior level manpower is more acute at 60 per cent. Civil engineers and architects which form the backbone of the built environment are estimated to be in short supply by ~200 per cent and 50 per cent respectively.</span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><br />
</span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;">In the recent past, shortage of skilled resources has been responsible for slowing down the construction activity by an average of six months to a year. As a result of this shortage, development firms have been compelled to import architects, designers and planners from countries such as Singapore, Thailand, Australia and New Zealand on handsome salaries thereby pushing up the project costs and impacting profitability. </span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><br />
</strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong>4) What kind of career opportunities are available in the real estate industry? </strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><br />
</span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;">While there are numerous avenues available within the entire gamut of land, real estate, construction and associated environment fields, the awareness levels of the kind of opportunities available are much lower in India, as compared to the developed economies.</span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><br />
</span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;">Across the property lifecycle there are several choices available to pursue a career in real estate. The property lifecycle initiates with land surveying, where professionals can have a wide array of experience in geomatics, environment, rural land surveying. There are town and country planning institutes that help bring in trained town planners. At the moment there are about 7,000 vacancies in Government departments in town planning which reflects the immense potential. </span><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;">The built environment engages architects and designers, structural engineers, civil engineers, construction project and quality control managers, building and quantity surveyors. </span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><br />
</strong></span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong>5) What are some of the challenges HR professionals face in the real estate industry? </strong></span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><br />
</span></strong></span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;">The most prevalent challenge human resource professionals continue to face in realty firms is the lack of quality talent which stems from the absence of specialised real estate education, bringing in fresh skilled manpower. Compared to the demand of personnel that the sector requires, existing educational institutions and professional bodies have not been able to scale up the delivery of qualified professionals. </span></strong></span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><br />
</strong></span></strong></span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong>6) Do you think there is adequate education for a career in the real estate sector in India? </strong></span></strong></span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><br />
</span></strong></span></strong></span></span></span></strong></span></strong></span></strong></span></strong></span></span></span></strong></span></strong></span></strong></span></strong></span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;">Despite the enormous size and the potential of the real estate and construction sector in India, apart from civil engineering, town planning and architecture, the current education set-up in India does not adequately provide for specific curriculum requirements and specialised courses for the construction and real estate sector. Barring a few institutions, which cater to a very small percentage of the people employed in the sector, no professional training and certifications are available for the professionals in this sector. As a result, most people currently employed in the sector learn fundamentals of the business on the job and hence, the quality of professionals employed and the quality of work delivered, leaves a lot to be desired. This is not an ideal scenario for an industry looking to expand rapidly in the coming years. </span></strong></span></strong></span></span></span></strong></span></strong></span></strong></span></strong></span></span></span></strong></span></strong></span></strong></span></strong></span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><br />
</strong></span></strong></span></strong></span></span></span></strong></span></strong></span></strong></span></strong></span></span></span></strong></span></strong></span></strong></span></strong></span></span></span></strong></span></strong></span></span></div>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><br />
</span></strong></span></strong></span></span></span></strong></span></strong></span></strong></span></strong></span></span></span></strong></span></strong></span></strong></span></strong></span></span></span></strong></span></strong></strong></span><strong> </strong></strong></span><strong><strong> </strong></strong></span></span></strong></span></strong></span></span></div>
<p><strong><strong><strong><strong> </strong></strong></strong></strong></p>
<p><strong><strong><strong><strong></p>
<div><span style="color:#666666;font-family:Verdana, Arial, Helvetica, sans-serif;font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;"><span style="font-size:11px;"><span style="text-decoration:none;list-style-type:none;list-style-position:initial;list-style-image:initial;font-size:x-small;margin:0;padding:0;"><strong><span style="font-weight:normal;"><strong><span style="font-weight:normal;">Despite the enormous size and the potential of the real estate and construction sector in India, apart from civil engineering, t</p>
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		<title>India to step up hiring from 2010: Manpower</title>
		<link>http://idsnirem.wordpress.com/2009/12/26/india-to-step-up-hiring-from-2010-manpower/</link>
		<comments>http://idsnirem.wordpress.com/2009/12/26/india-to-step-up-hiring-from-2010-manpower/#comments</comments>
		<pubDate>Sat, 26 Dec 2009 19:07:46 +0000</pubDate>
		<dc:creator>mbastudyinindia</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Hiring Scenario 2010]]></category>

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		<description><![CDATA[PTI 8 December 2009, 03:15pm IST NEW DELHI: India has once again emerged as the most optimistic nation in terms of hiring plans for the next three months and the recruitment pace is expected to return to the pre-recession level in the new year, global staffing services firm Manpower says. &#8220;There is no more &#8216;cautious [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=idsnirem.wordpress.com&amp;blog=9012581&amp;post=19&amp;subd=idsnirem&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>PTI 8 December 2009, 03:15pm IST</p>
<p>NEW DELHI: India has once again emerged as the most optimistic nation in terms of hiring plans for the next three months and the recruitment pace is expected to return to the pre-recession level in the new year, global staffing services firm Manpower says. </p>
<p>&#8220;There is no more &#8216;cautious optimism&#8217; among employers anymore, it has given way to &#8216;definite optimism&#8217;. Besides, the pace of hiring will be back to the 2007 level in the next year,&#8221; Manpower India Managing Director Naresh Malhan said.</p>
<p>According to the Manpower Employment Outlook Survey, India has a net employment outlook &#8212; a measure of recruiting plans &#8212; of 39 per cent for the first quarter of 2010, the highest among 35 countries surveyed. India has been reporting the strongest hiring plans globally since the third quarter of 2008.</p>
<p>India&#8217;s outlook has improved by 11 percentage points on a quarter-on-quarter basis and by 18 per cent year-on-year.</p>
<p>A sectoral analysis shows that hiring outlook has risen across all sectors. Job seekers in the services, public administration, education, mining and construction, finance, insurance, real estate, and the wholesale and retail trade sector, could look forward to the most favourable hiring environment in early 2010, the survey said.</p>
<p>&#8220;The good news is that employer hiring expectations across all industry sectors are improving in the first quarter of 2010, and job seekers in key industry sectors can look forward to the most favourable hiring environment in over a year,&#8221; Malhan said.  Source: The Times of India; 8 December 2009</p>
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			<media:title type="html">mbastudyinindia</media:title>
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		<title>&#8216;Hiring momentum to pick up in 2010&#8242;</title>
		<link>http://idsnirem.wordpress.com/2009/12/26/hiring-momentum-to-pick-up-in-2010/</link>
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		<pubDate>Sat, 26 Dec 2009 19:07:05 +0000</pubDate>
		<dc:creator>mbastudyinindia</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Hiring Scenario 2010]]></category>

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		<description><![CDATA[Mini Joseph Tejaswi, TNN 26 December 2009, 01:44am IST BANGALORE: After a long hibernation of 18 months, headhunters are actively out in the market as talent requirements have started trickling in. The hiring momentum is expected to pick up from April onwards. Even in a worst scenario, calendar 2010 will create around 50,000 fresh IT/ITES [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=idsnirem.wordpress.com&amp;blog=9012581&amp;post=18&amp;subd=idsnirem&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Mini Joseph Tejaswi, TNN 26 December 2009, 01:44am IST</p>
<p>BANGALORE: After a long hibernation of 18 months, headhunters are actively out in the market as talent requirements have started trickling in. The hiring momentum is expected to pick up from April onwards. </p>
<p>Even in a worst scenario, calendar 2010 will create around 50,000 fresh IT/ITES jobs against zero fresh jobs — except a very thin campus hiring — in the previous year. The calendar 2007 had witnessed a bumper hiring at over 3 lakh while the growth got tapered off towards the third quarter of 2008 clocking a total hiring of only 1.8 lakh.</p>
<p>B S Murthy, CEO, Leadership Capital says the new year will usher in recovery and a wave of general optimism across segments. &#8220;This means a complete change from the current skeletal and need-based hiring. The large volume-hiring realm (services space) will warm up by the second quarter of calender 2010. A 15% increment in hiring volumes is expected in the first two quarters while the growth could cross 20% or double towards third and fourth quarter.&#8221;</p>
<p>According to Nirupama V G, MD, AdAstra, requirements will start pouring in like tsunami, HR departments of many corporates have already geared up for large scale hiring after a long standstill. &#8220;Normalcy will return to the industry by April. In addition to domestic hiring, India is going to emerge as a huge sourcing ground for global jobs across segments, positions and profiles.&#8221;</p>
<p>&#8220;When we enjoy a vantage position in human resources, talent is still a scare commodity in global markets. The year 2010 is going to be bright year for India in terms of domestic and global placements,&#8221; adds Mohan Menon, CEO, Sentient Consulting. Source: The Times of India</p>
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		<title>Rolling Admission System at IDS NIREM</title>
		<link>http://idsnirem.wordpress.com/2009/11/13/rolling-admission-system-at-ids-nirem/</link>
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		<pubDate>Fri, 13 Nov 2009 12:32:17 +0000</pubDate>
		<dc:creator>mbastudyinindia</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Rolling admission system in MBA Diploma marketing real estate sales property education about.com collegeconfidential.com]]></category>

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		<description><![CDATA[NIREM follows the rolling admission system for admission in all of its courses including PG Diploma in Real Estate Sales &#38; Agency Management (PGD RESAM). Therefore, potential applicants can apply for admission into any of its course at any time of the year, which is beneficial to both the students as well as the institute. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=idsnirem.wordpress.com&amp;blog=9012581&amp;post=15&amp;subd=idsnirem&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>NIREM follows the rolling admission system for admission in all of its courses including PG Diploma in Real Estate Sales &amp; Agency Management (PGD RESAM). Therefore, potential applicants can apply for admission into any of its course at any time of the year, which is beneficial to both the students as well as the institute. NIREM recently received several queries regarding the actual meaning of &#8216;Rolling Admission System&#8217;. Therefore, given below the definition of this system, collected from various sources:</p>
<p><strong>About.com Guide, Karen Schweitzer, Defines &#8216;Rolling Admission&#8217; as follows:</strong><br />
Rolling admissions are a type of admissions policy. Business schools that use a rolling admissions policy review applications as they receive them.</p>
<p><strong>How Rolling Admissions Work </strong><br />
Some business schools have multiple &#8220;rounds&#8221; or deadlines during the admissions process. Business schools with rolling admissions do not.</p>
<p><strong>How to Deal with Rolling Admissions </strong><br />
When dealing with rolling admissions, it is important to remember that admissions committees will be reviewing applications as they come in. This means the decisions will be made and seats will be filled throughout the admissions process.</p>
<p>If you wait until the last minute to submit your application in a rolling admissions situation, there is a good chance that the majority of seats will already be filled.</p>
<p><strong>Bottom Line</strong><br />
It is always better to submit your application early when you are working with a school that uses rolling admissions.</p>
<p><strong><a href="http://en.wikipedia.org">Wikipedia</a> defines rolling admission as follows:</strong></p>
<p>Rolling admission is a policy used by many colleges to admit freshmen to undergraduate programs. Under rolling admission, a candidate is invited to submit his application to the university anytime within a large window. The window is usually over six months long, and some schools do not have a previously specified end date (the window simply closes when all spots are filled). The university will then review the application and notify the applicant of their decision within a few weeks from submission.</p>
<p><strong>Advantages of rolling admission:</strong><br />
Rolling admission is helpful to both students and university admissions offices, because the process is more mellow and applications do not all flow in at the same time, respectively. Students can finish their application anytime between the summer before their senior year and midway through their senior year and can submit it at leisure, taking the time to carefully review their application and not getting anxious about a nearing deadline. The organization receives applications continuously rather than in one or two bursts and is thus able to spend more time on each application individually.</p>
<p><strong>Collegeconfidential.com defines Rolling Admission as follows:</strong><br />
The idea behind â€œRolling Admissionâ€ is that it enables candidates to receive an admission decision within a predetermined period after submitting an application. Typically, the decision arrives about two months after the application process is complete and often far sooner.</p>
<p>Colleges without Rolling Admission usually have a specific deadline, and no applications are evaluated before this deadline, no matter how early they are received. All decision letters are then mailed to candidates on the same day, which is generally in late March or early April.</p>
<p>When you apply to Rolling Admission colleges, it is wise to ask several questions. Find out how early you can submit an application and if sooner is better when it comes to getting aid, housing, choices of classes or academic program. Find out, too, if these determinations are based on the date you applied or on the date you accepted the offer of admission. Ask also how quickly you should expect to get your newsâ€”good or badâ€”in the mail and when you need to inform the college of your plans.</p>
<p>Thus, if you apply via Rolling Admission, don&#8217;t forget to ask admission officials how soon you need to respond, if admitted. Those institutions that do not belong to the CRDA group may insist on hearing from you before you have received all admission decisions. If this is the case, find out if you can get an extension in order to wait for all your letters to arrive. If the answer is no, you might want to consider delaying your Rolling Admission application until the notification date coincides with the notification you will receive from your remaining target schools.</p>
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		<title>NIREM starts 1-year Real Estate Sales &amp; Agency Management course</title>
		<link>http://idsnirem.wordpress.com/2009/08/14/nirem-starts-1-year-real-estate-sales-agency-management-course/</link>
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		<pubDate>Fri, 14 Aug 2009 21:17:47 +0000</pubDate>
		<dc:creator>mbastudyinindia</dc:creator>
				<category><![CDATA[Press Release]]></category>
		<category><![CDATA[IDS NIREM launch new management course in real estate brokerage]]></category>

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		<description><![CDATA[IDS-NIREM announced the launch of a unique course in Real Estate Sales &#38; Agency Management, which is the first course of its kind in India. The PG Diploma course shall provide the industry with much needed Real Estate Professionals with thorough knowledge of and practical skills in developing sales &#38; leasing strategies for different types [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=idsnirem.wordpress.com&amp;blog=9012581&amp;post=10&amp;subd=idsnirem&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>IDS-NIREM announced the launch of a unique course in Real Estate Sales &amp; Agency Management, which is the first course of its kind in India. The PG Diploma course shall provide the industry with much needed Real Estate Professionals with thorough knowledge of and practical skills in developing sales &amp; leasing strategies for different types of properties and managing real estate sales &amp; agency business.</p>
<p>According to the institute, historically, many individuals who work in real estate have acquired their skills on the job. However, as the business of real estate has become more complex in structure and more international in scope, the industry has recognised the need for specialised education in Real Estate. IDS-NIREM’s one-year distance learning Post Graduate Diploma Program in Real Estate Sales &amp; Agency Management (PGD-RESAM), the first in the country, educates men and women in the full range of skills required of real estate professionals today. The course emphasis is on to provide knowledge and create practical skills to plan and execute successful sales, marketing &amp; leasing strategies for different types of properties and to plan &amp; manage real estate agencies.</p>
<p>The PGD-RESAM program, launched by IDS-NIREM, offers both, the fresh graduates who intend to pursue a career in real estate and those in the real estate profession, an unequaled educational growth and career advancement opportunity. To get further information, visit <a style="color:#223344;" title="IDS National Institute of Real Estate Management" href="http://www.nirem.org/" target="_blank">www.nirem.org</a></p>
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		<title>Real Estate Sales &amp; Agency Management course launched</title>
		<link>http://idsnirem.wordpress.com/2009/08/14/real-estate-sales-agency-management-course-launched/</link>
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		<pubDate>Fri, 14 Aug 2009 21:15:49 +0000</pubDate>
		<dc:creator>mbastudyinindia</dc:creator>
				<category><![CDATA[Press Release]]></category>
		<category><![CDATA[New Ciurse in real estate management MBA]]></category>

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		<description><![CDATA[IDS-National Institute of Real Estate Management (IDS-NIREM) has launched a 1-year distance education Post-Graduate Diploma Program in Real Estate Sales &#38; Agency Management. This course has been planned in response to a consultative meeting with Indian real estate developers, multinational consultants, HFIs etc during which a common observation was the skill gap in the existing [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=idsnirem.wordpress.com&amp;blog=9012581&amp;post=8&amp;subd=idsnirem&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-weight:bold;">IDS</span>-National Institute of Real Estate Management (IDS-NIREM) has launched a 1-year distance education Post-Graduate Diploma Program in Real Estate Sales &amp; Agency Management. This course has been planned in response to a consultative meeting with Indian real estate developers, multinational consultants, HFIs etc during which a common observation was the skill gap in the existing breed of real estate professionals. The problem was attributed to the lack of real estate focussed education &amp; training programs in the country that can train students as per the needs of real estate sector. Participants were of the view that though there is abundance of management graduate, there is complete scarcity of people who have studied real estate management. In order to hire such professionals, most of the industry participants expressed willingness, during the meeting, to sponsor programs in real estate sales and agency management.<br />
Therefore, this professional program was devised to provide the course participants with thorough knowledge and practical skills to plan and execute successful sales, marketing &amp; leasing strategies for different types of properties and to plan &amp; manage real estate agencies. Further details are available at <a style="color:#223344;" title="IDS National Institute of Real Estate Management" href="http://www.nirem.org/" target="_blank">www.nirem.org</a></p>
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		<title>PG Diploma in Real Estate Sales &amp; Agency Management</title>
		<link>http://idsnirem.wordpress.com/2009/08/14/pg-diploma-in-real-estate-sales-agency-management/</link>
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		<pubDate>Fri, 14 Aug 2009 21:13:13 +0000</pubDate>
		<dc:creator>mbastudyinindia</dc:creator>
				<category><![CDATA[Courses & Programs]]></category>
		<category><![CDATA[Post Graduate Diploma in Real Estate Sales and Agency Management Course program MBA Admission]]></category>

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		<description><![CDATA[PG Diploma in Real Estate Sales &#38; Agency Management Duration: 01 Year Application deadline: 15th October 2009 Who is it for? Professional working in the area of real estate sales &#38; marketing Graduates, Post-Graduates &#38; MBAs planning to start their career in real estate Potential entrepreneurs wishing to establish their own real estate brokerage business [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=idsnirem.wordpress.com&amp;blog=9012581&amp;post=6&amp;subd=idsnirem&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p><span style="font-weight:bold;">PG Diploma in Real Estate Sales &amp; Agency Management</span></p>
<p>Duration: 01 Year<br />
Application deadline: 15th October 2009</p>
<p><strong></strong><span style="font-weight:bold;">Who is it for?</span></p>
<ul>
<li>Professional working in the area of real estate sales &amp; marketing</li>
<li>Graduates, Post-Graduates &amp; MBAs planning to start their career in real estate</li>
<li>Potential entrepreneurs wishing to establish their own real estate brokerage business</li>
<li>Professionals working in insurance and housing finance sectors</li>
<li>People working in related fields in allied sectors</li>
</ul>
<p><span style="font-weight:bold;">Program Focus:</span></p>
<p>The course emphasis is on to provide knowledge and create practical skills to plan and execute successful sales, marketing &amp; leasing strategies for different types of properties and to plan &amp; manage real estate agencies. Specific focus of the course is on the following:</p>
<ul>
<li>Sales &amp; leasing of properties</li>
<li>Real estate marketing</li>
<li>Appraisal</li>
<li>Agency planning, establishment &amp; management</li>
<li>Real estate transactions</li>
<li>Legal aspects of real estate etc</li>
</ul>
<p><span style="font-weight:bold;">Eligibility for admission:</span></p>
<ul>
<li>Bachelor’ degree from a recognised University.</li>
<li>Work experience in sales shall be preferred, though not mandatory.</li>
<li>Should have good command over written and spoken English.</li>
</ul>
<p><span style="font-weight:bold;">Applicants from outside India (English Language Requirement):</span></p>
<ul>
<li>Should have completed atleast three years of full-time academic study in English medium Or,</li>
<li>Should show evidence of a sufficient oral and written command of the English language through the English language test organized by the institute Or,</li>
<li>Should have TOEFL paper-based score of 513 or Internet-based score of 65 (minimum) or IELTS score of 5 (minimum).</li>
</ul>
<p><span style="font-weight:bold;">How to Apply?</span><br />
For further details, visit<strong> <a title="IDS National Institute of Real Estate Management" href="http://www.nirem.org" target="_blank">www.nirem.org</a></strong></p>
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		<title>Distance Learning Programs</title>
		<link>http://idsnirem.wordpress.com/2009/08/14/distance-learning-programs/</link>
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		<pubDate>Fri, 14 Aug 2009 21:05:07 +0000</pubDate>
		<dc:creator>mbastudyinindia</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Real Estate Management course distance learning program real estate sales and agency management]]></category>

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		<description><![CDATA[The School of Distance Learning offers a comprehensive range of high-impact, industry-driven and employment-oriented distance education programs that meet the actual needs of the real estate sector nationally and internationally. Located at the IDS-National Institute of Real Estate Management, the school of distance learning leverages the Faculty&#8217;s expertise, along with the experience of professionals from [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=idsnirem.wordpress.com&amp;blog=9012581&amp;post=3&amp;subd=idsnirem&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>The School of Distance Learning offers a comprehensive range of high-impact, industry-driven and employment-oriented distance education programs that meet the actual needs of the real estate sector nationally and internationally. Located at the IDS-National Institute of Real Estate Management, the school of distance learning leverages the Faculty&#8217;s expertise, along with the experience of professionals from real estate and allied sectors to build state-of-the-art curriculum, which in turn develops course participants the way the industry needs them.</p>
<p>The School of Distance Learning’s prestigious academic programs include:</p>
<p><span style="font-weight:bold;">Post-Graduate Diploma in:</span></p>
<p> <span style="font-weight:bold;">Commercial Real Estate </span><br />
 <span style="font-weight:bold;">Real Estate Finance</span><br />
 <strong><a title="IDS National Institute of Real Estate Management" href="http://www.nirem.org/" target="_blank">Real Estate Sales &amp; Agency Management</a></strong></p>
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		<title>Hello world!</title>
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		<pubDate>Fri, 14 Aug 2009 20:21:04 +0000</pubDate>
		<dc:creator>mbastudyinindia</dc:creator>
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		<description><![CDATA[Welcome to WordPress.com. This is your first post. Edit or delete it and start blogging!<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=idsnirem.wordpress.com&amp;blog=9012581&amp;post=1&amp;subd=idsnirem&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
			<content:encoded><![CDATA[<p>Welcome to <a href="http://wordpress.com/">WordPress.com</a>. This is your first post. Edit or delete it and start blogging!</p>
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