Real Estate Management

Many years ago, the real estate and construction field was the fastest-growing career for major deals with Real estate industries. When you enter into the real estate boom, new paths, and self-oriented jobs are made to your wishes. The expansion of the Organized construction and building sector will give you all the benefits through which you want to build, like housing and urban development. If you are a professional in this sector, you look through residential, commercial, Industrial Real estate development, Valuation, Finance management, and Marketing factors that are high in demand in both private and public sectors.

What is Real estate Management? Real estate Management is the job of maintaining a real estate entity, which usually deals with a job or residential structure. For business purposes, commercial business space, and office construction. If you get a degree in Real estate management, then you will get the job of Real Estate Manager, which you deal with collecting the rent monthly, keeping maintenance, or even leasing space in the building as well.

Types of Courses: Certificate, Diploma, PG Diploma, UG, PG & Doctorate level.

Courses Availability:
UG:

Bachelor of Business Administration (BBA)

BBA in Marketing

B.Tech in Civil Engineering

BBA in Real Estate and Urban Infrastructure

PG:

Master of Business Administration (MBA)

MBA in Marketing

MBA in Real Estate and Infrastructure

MBA in Sales and Marketing

Eligibility Criteria:
Diploma:

A candidate must have passed 10+2 or equivalent from a recognized board or university as is required.

UG: He/ she is required to pass 10+2 or equivalent from a recognized board/ university. Merit in the entrance examination is required.

Maybe have to appear for entrance examinations such as the Joint Entrance Examination (JEE).

PG: Those who want to pursue a Master's in Real Estate Management must have completed a Bachelor's degree or equivalent in any stream from a recognized university that is required. Some institutes may require candidates to have a minimum percentage of marks in their Bachelor's degree for admission. 

❖ Some institutes may have to appear for entrance examinations such as the Common Admission Test (CAT), Management Aptitude Test (MAT), and Graduate Management Admission Test (GMAT).

Fee: Approx. INR. 1,40,000 per year (BBA in Real Estate and Urban Infrastructure).

How to get in that career? Meet the eligibility for those who want to pursue a diploma/ degree in Real estate Management. Before that, you have to complete your higher school education (10+2) or an equivalent. Some universities or institutions may require you to appear for entrance exams. These exams may assess your aptitude, reasoning skills, English language proficiency, or specific knowledge related to the Real estate Management field. So, be skillful, and prepare well for interviews/ entrance for admission level. 

Skills Required:

❖ Good communication skills

❖ Negotiation skills

❖ Adaptability

❖ Time Management skills

❖ Problem-solving skills

❖ Interpersonal skills

❖ Sales skills are required.

Top Institutions:

❖ Adithya Institute of Technology, Coimbatore

❖ DY Patil School of Management, Mumbai

❖ GIBS Business School, Bangalore

❖ MIT Art and Design Technology University(MIT ADTU), Pun

❖ SRM University, Sonepat

❖ Vivekananda Global University (VGU), Jaipur

❖ Sree Sastha Group of Institutions (SSGI), Chennai.

Top Sectors:

❖ Shopping malls, 

❖ Apartment complexes

❖ Office buildings

❖ Hotels

❖ Real Estate Consultancies

❖ Online Property Aggregators

❖ Construction Companies

❖ Real Estate Brokering Companies

❖ Entrepreneurship

❖ Freelancing

❖ Property Development Agencies

❖ other commercial spaces etc.

Roles/ Designations with their salaries:

❖ Commercial Real Estate Agent - INR. 5.5 lakhs 

❖ Mortgage Specialist - INR. 6.6 lakhs

❖ Real Estate Consultant - INR. 3 lakhs 

❖ Real Estate Sales Manager - INR. 5.3 lakhs 

❖ Loan Underwriter

❖ Realtor

❖ Property Manager

❖ Assistant Project Manager

❖ Leasing broker

❖ Property Accountant

❖ Research Associate

❖ Financial Analyst

❖ Auctioneer and many more.

How is career? Pursuing a Real estate management degree, you can get various career opportunities in the dynamic field of Real estate, such as Real estate developer, Real estate consultant, Property Manager, Real estate Analyst, Real estate Marketing and sales, Real estate, and Investment & Finance, etc,. The industry is vast and constantly evolving, providing a range of opportunities for professionals with the right skills and knowledge. Moreover, it's more important to stay updated with industry trends, network with professionals, and continue to enhance your skills to excel in this real estate field.

Top Hiring Companies:

❖ DLF Limited

❖ Godrej Properties

❖ Tata Housing Development Company

❖ Embassy Group

❖ Lodha Group etc.

Conclusion: Finally, the real estate field is not restricted or limited to 8 hours and is fixed at some amount of salary. This is an open platform to showcase your skills in selling outside the building area, and then you have got some potential, and you can make your own money, not as a salary. It's profitable for you. This will make your career uplift.