Real estate in dire need of qualified professionals
Real estate India is already floating, trying to reach the zenith midst high property rates and interest rates.
One more add on problem the real estate is facing today is shortage of unskilled labourers. There is a dire need of qualified professionals like building planners, civil engineers and architects.
The shortage of these labourers have led the developers to spend huge amount on their development projects which is intern burdening the property buyers with high rates.
However, according to the real estate developers by the end of 2020, Indian real estate would at least need five million civil engineers, architects and building planners.
Source: The Economic Times
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