NIREM takes initiative to develop human resource for Indian Real Estate

With the meteoritic growth in real estate sector during last few years, the property and real estate business became more complex in structure and more international in scope, which created the shortage of trained real estate professionals. This shortage of trained and competent real estate professionals highlighted the need for specialised real estate education in India. In addition, now at the taking off stage when real estate in India has again started moving up, Indian real estate requires people who have very strong professional skills across the spectrum of property business, for example, at present the property and real estate business in India requires not a sales manager who has experience of selling everything but a sales manager who has actually studied real estate, knows the fundamentals of property business and is therefore expert in selling properties.

Indian real estate industry leaders including top real estate developers, multinational real estate consultants, housing finance institutions etc have repeatedly aired their concern at the total absence of courses in real estate in India. Infact, there is no system of real estate education in India at all, which is visibly affecting the quality of human resources available to the Indian property market. Also, though real estate is one of the largest employers and there are thousands of vacancies at different levels and in different areas, developers are forced to spend huge time and money on selecting and training candidates from other sectors. Moreover, once trained, these people leave immediately for better opportunities and therefore the cycle of spending time and money on recruiting and training candidates from other sector continues for the developer.

In view of the situation, IDS National Institute of Real Estate Management (IDS NIREM), www.nirem.org, has launched a one-year distance learning Post Graduate Diploma Program in Real Estate Sales & Agency Management (PGD-RESAM), to create a pool of human resource, committed to serve the real estate sector. These trained professionals, due to their commitment and specialization in real estate, will serve real estate companies for long duration, contrary to others who leave as soon as they get next opportunity.

This is the first such specialised real estate sales & marketing course offered in the country. Property market analysts also attribute launch of this specialised courses to qualitative growth of Indian real estate market and its movement towards next state from the nascent stage.

The course objective is to provide the participants with thorough knowledge and practical skills to plan & execute successful sales & leasing strategies for different types of properties, plan & manage real estate agencies and carry out basic appraisal.

This high impact, industry-driven and employment-oriented program offers both the fresh graduates who intend to pursue a career in real estate and the working professionals, an unequaled educational growth and career advancement opportunity. For further information can be obtained from www.nirem.org

India to step up hiring from 2010: Manpower

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. 

"There is no more 'cautious optimism' among employers anymore, it has given way to 'definite optimism'. Besides, the pace of hiring will be back to the 2007 level in the next year," Manpower India Managing Director Naresh Malhan said.

According to the Manpower Employment Outlook Survey, India has a net employment outlook -- a measure of recruiting plans -- 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.

India's outlook has improved by 11 percentage points on a quarter-on-quarter basis and by 18 per cent year-on-year.

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.

"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," Malhan said.  Source: The Times of India; 8 December 2009

'Hiring momentum to pick up in 2010'

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 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.

B S Murthy, CEO, Leadership Capital says the new year will usher in recovery and a wave of general optimism across segments. "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."

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. "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."

"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," adds Mohan Menon, CEO, Sentient Consulting. Source: The Times of India

IDS NIREM News From Kerala

NIREM launched specialised Real Estate Management course

KERALA NEWS carried a news item about IDS National Institute of Real Estate Management and its One-Year PG Diploma in Real Estate Sales & Agency Management (PGD-RESAM).

Industry leaders have also repeatedly aired their concern over the total absence of real estate courses in India, when the real estate business scenario seems to be improving after a period of recession. In response, IDS National Institute of Real Estate Management (IDS NIREM), www.nirem.org, has launched a one-year distance learning Post Graduate Diploma Program in Real Estate Sales & Agency Management (PGD-RESAM). To Read, complete news please vist: KeralaNews