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REAL ESTATE & CONSTRUCTION

Industry Overview:

The real estate sector, which consist of housing, retails, hospitality and commercials, has come a long way by becoming one of the fastest growing markets in the world. It has attracted not only many domestic real estate developers, but foreign investors as well. The growth of the industry is attributed mainly to a large population base, rising income level, and rapid urbanization. Indian Real Estate has market size of USD 70 Billions which accounts of 5% India’s GDP. India estimated to have shortage of 50 million rural and urban houses which has created immense scope of development in Indian Reality Sector. The growth of real estate is primarily driven by an increasing middle class population, rising income level and urbanization of rural India which are fueling the demand for residential space. Metros like Delhi-NCR, Bangaluru and Mumbai have seen huge demand of commercial spaces and it is still increasing at a rapid pace. Major players like DLF, Unitech, Omaxe, Ansal API and Oberoi Realty, etc have a PAN-India presence and they have large number of running projects.

Recruitment Solutions in Real Estate

There is growing competitions among big players of reality sector because jobs in this sector require a specific expertise and understanding and big firms are facing challenges from small companies.

At White Collars, we have a strong network of consultants having thorough knowledge of the market as well as the potential candidates of reality sector. We develop strong ties with both of them which help us to understand the requirements from both the sides, thus mapping the right candidates with the right companies.

Constructions Overview

The construction industry is the second largest industry of the country after agriculture in terms of employment and accounts for 11% of India’s GDP. This industry has employed more than 32 million people in India and its growth can be experienced with sky high rates of residential and commercial spaces.

Segmentation of Construction Industry in India

• Residential, industrial, commercial, and other buildings.

• Sewers, roads, highways, bridges, tunnels, and other projects.

• Specialized activities such as carpentry, painting, plumbing, and electrical work.

India, being the second largest populated country of the world, always faces housing shortage across both urban and rural areas and demand for residential spaces is expected to grow steeply at a CAGR of 19% in 2010-2014. Some of the big players in this domain like Larsen & Toubro, Lanco Infra tech, Gammon India, GMR, GVK, Punj Lloyds, and Jaypee are driving the sector.

Recruitment and Staffing

Few survey reports have revealed that India is having a remarkable gap in demand and supply of Construction Professionals with required skill sets. This indicates the scope of growth opportunities for professionals of the industry.

White Collars have rich domain knowledge and industry experience by working with construction companies of India and we offers customized services as per the specific requirement of each company. We have a strong network and large data base of talent pool for this industry which enables us to be among the top preferences in major companies for their recruitment and staffing needs.