Careers in Built Environment

You can rise like the high rises with a career in built environment!

From designing and constructing houses, to building and repairing bridges, airports, and roads, the industry will have vast employment opportunities to choose from. 

India has nearly 50 million people working in built environment, of which only 2 million are professionally qualified while the remaining are primarily construction workers . To deliver all the potentially required real estate space and planned infrastructure, India will need nearly 4.5 million core built environment professionals over the next decade. However, given the miniscule supply of built environment professionals today; the current demand-supply gap ranges between 82 to 86%. 

Opportunities to build a career that builds India are simply enormous in volume and value! It can provide a diverse and exciting career choice that can give you the opportunity to travel the world, work on a vast array of projects and earn a great salary, while making a valuable contribution to the economies and societies of the world. Involved in everything from major construction and infrastructure projects to land and resources management, asset management, property valuation and more, built environment professionals are instrumental in creating a liveable and sustainable world, making a positive and tangible difference to our lives.

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Investment Management

Real estate investment managers analyze real estate markets and work out the best case or optimal scenarios for development and investment, besides evolving an organization strategy and a project specific marketing plan. They evaluate various projects and perform all necessary due diligence for a possible acquisition.

Asset management 

Real estate asset managers establish business plans and budgets for the project and monitor revenue, costs, developer schedules and quality of construction and prepare monthly watch lists and information for management input. Asset managers also work with the developer to reforecast plan based on early warning signs of problems and issues affecting the project and report to senior management, the variances to plan on monthly basis and provide full disclosure of problems and issues pertaining to the project.

Valuation, appraisal or credit management

Real estate valuers provide unbiased estimates of a property's value and quality. Valuers or valuation professionals usually work for banks or for valuation firms and will normally value properties by finding comparable sales in an area or by estimating the discounted value of cash flows expected from a property. Real estate valuers work in the credit departments of banks and housing financial institutions and take credit decisions on whether to extend credit to a borrower and the maximum amount that should be extended to a borrower. Valuation professionals also act as independent land economists to determine the value of land and property portfolios for mortgage, taxation, probate and collateral purposes.

Contract Management

Construction contracts managers oversee projects from the start through to completion, ensuring that work is completed on time and within its budget. As a contracts manager, you could be working on a wide variety of projects, from office developments to houses or schools and colleges to road and rail schemes.

Facilities Management

Facilities Managers or Building control managers are responsible for making sure that buildings are safe, energy efficient and suitable for living. They provide professional advice on the design, maintenance, repair and refurbishment of buildings. The nature of the work may vary in scale from multi-million dollar structures to modest adaptations and repairs. It may also include working with buildings of architectural or historic importance. Building control managers need to have a very good understanding of how buildings are constructed along with good observational and problem solving skills.

Construction Project Management

Construction project managers are responsible for managing and controlling all construction operations of construction projects. They start from the planning & design stage and ensure that construction projects are completed on time and within budget, meeting quality standards and safety requirements. A project could be coordinating anything from a relatively small scale building like the conversion of a loft in a house, right up to a huge project such as building the Olympic Park. In doing so, they take responsibility for the total control of a project from initial conception to the finished product. They have to coordinate a lot of different professions, which involve a significant amount of communicating and organizing. They are very good organizers, who enjoy a challenge, working to deadlines and have good problem-solving skills. 

Quantity Surveying

Construction economists (popularly known as Quantity Surveyors) are responsible for estimating and monitoring construction costs; ensuring that the project is within budget; preparing tax depreciation schedules; estimating replacement cost for insurance; mediation and arbitration. They also advise on development feasibility, procurement routes, contractual management, and manage and advise on all costs of a construction project. They tend to work closely with the client or the contractors to ensure a project is efficient, on budget and profitable. They are considered the accountants of the industry, enjoying high levels of responsibility. 

Development and construction 

Are you willing to work hard and take risks to develop new properties? Then a career in real estate development and construction may be for you. You can enter this business working for another developer, moving up to construction manager; or you can strike out on your own, starting with some smaller transactions. Good developers are results-oriented and know how to get work on time which involves managing labour, establishing time estimates, getting appropriate equipment operators and construction crews. 

Leasing and sales management 

Such managers specialize in representing landlords and/or tenants in the transactions of commercial real estate properties for lease. They may also specialize in representing buyers and/or sellers in the sale of commercial real estate properties. One could even end up specializing in investment property transactions. 

Business Development

Real Estate Business Development concentrates on developing the real estate business and to ensure its growth with sustainability. Real estate business development would deal with the pillars of real estate business that require better coordination and cooperation from among the developers of real estate or real estate promoters, real estate brokers and middlemen, financiers for people who want to purchase real estate, and most importantly, the owners of the real property. 

Advisory and consulting

Institutional investors are purchasing real estate more and more. But real estate is not like a stock or bond that you can buy and put in a vault. Real estate advisors help investors care for property and, more importantly, select property in the first place by suggesting areas and property types that are likely to experience price appreciation in the future. This job is fun and one that you can get into after getting experience in investing or property management. People who are good with statistics and excel at client contact do well in this job.

Property management 

Leading real estate owners require professional property managers. Managers are responsible for negotiating leases, ensuring that tenants are satisfied, that rent is paid and that rents reflect market conditions. The career of a property manager requires good interpersonal and analytical skills and a fair amount of negotiating prowess. This job is personally rewarding and allows you to really learn the real estate markets, should you wish to embark in business on your own. 

WHAT INDUSTRY LEADERS SAY

Now is the best time to enter the residential side of Indian real estate with the coming of RERA. People who enter the sector now will be known as legends in the future.
Anuj Puri FRICS
Chairman
Anarock Property Consultants
We have hired many students from RICS SBE in Noida and we have been extremely happy. I would like to see RICS SBE as a hub not only in Noida but in other parts as well.
Amit Oberoi MRICS
Executive Director
Colliers International Asia
The programs offered by RICS School of Built Environment reflect the needs of the industry based on extensive market research and input from the industry, and this has been backed by strong academic rigor tested and delivered by the best academicians in built environment.
Anuj Puri FRICS
Chairman
Anarock Property Consultants

COMPANIES YOU CAN WORK WITH

CONSTRUCTION & INFRASTRUCTURE FIRMS

  
    
    
    
    
  
 

REAL ESTATE DEVELOPMENT AND CONSULTING FIRMS

   
   
    
    
    
  
 

BANKS, FINANCIAL SERVICES AND CONSULTING FIRMS

   
  
    
  

 

INTERNATIONAL CONSTRUCTION FIRMS

  
    
    
    
    
 

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