Sukhdeep Aurora, Chief People Officer – ANAROCK Property Consultants
As an industry in the midst of major churn, Indian real estate is now headed towards yet another crossroad.
The previous crossroad – the industry shakeup initiated by the rollout of RERA – necessitated changes in business models and traditional cash flows of developers.
This one will demand newer skill sets and be all about setting tech-savvy, erudite, professional brokers head and shoulders above the kind that has dominated the industry so far.
In terms of career growth, the sky will be the limit for a new breed of brokers who have taken a conscious call to evolve; to up-skill or perish will be two choices left to those who have not.
Technology continues to disrupt a sector that is already en route to achieving unprecedented transparency levels on the back of the latest policy changes, and the Indian real estate sector is also gaining greater global exposure.
More than ever before, foreign investors are focusing on the country’s housing industry, along with NRIs who have been exposed to international standards of doing business.