Executive Summary

The Post Graduate Programme in Management (PGP) at the Indian School of Business (ISB) is designed to challenge some of the brightest individuals in the country, who want to learn about business. These individuals bring with them substantial and quality work experience, along with maturity, matched by no other business school in the country.

The SREI Infrastructure Club at the Indian School of Business (ISB) aims to generate interest of the student community in the rapidly growing sectors of real estate and infrastructure. At the club, we intend to create and enhance career opportunities for our students in leading organisations of this industry, and to prepare students for the challenges that they will face as they shape the world of tomorrow.

To fulfil our ambitious goals, the current team of the club (2014) has several initiatives underway. From organisation of enlightening speaker sessions to highly informative study trek to Hong Kong to candid discussions with industry veterans, the club has ensured that the students gain an understanding of the typical daily activities of firms of this industry. In addition, the club has participated by sending student delegations to two prestigious conventions: The National Association of Realtors (NAR) convention, and the Global Real Estate Institute (GRI) convention.

This page provides an introduction to students who wish to explore the career opportunities offered by the Real Estate and Infrastructure sector. 
 

Real Estate

The Real Estate industry is one of the fastest growing industries in India with an estimated market size of USD 18 billion and an annual growth rate of 11.2%. Factors such as the changing demographics, increasing affluence, large segments of population becoming economically active, increasing urbanisation, rise of nuclear families, and the desire to own rather than rent a house, are the key drivers that are shaping up the demand in the real estate sector.

The industry offers extensive opportunities in the residential, commercial, retail, and hospitality sectors. With an estimated lack of over 25 million housing units in India, residential real estate is expected to grow at the fastest rate within the real estate sector. The advent of organised retail market with players such as Wal-Mart, Reliance, Spencer, etc, who are looking to expand into Tier 2 and Tier 3 cities, has further boosted the real estate market and therefore, the opportunities offered by the industry.

With land and buildings being integral parts of any venture that is initiated, real estate is an industry that will always keep thriving and offering lucrative career opportunities. The industry offers career opportunities not only to the individuals with a background in the Real Estate but also to those coming from finance, marketing, consulting, general management, and other domains.
 

Infrastructure

India’s strong economic growth in the recent years has led to rapid expansion of industry and commerce which has significantly increased the demand for infrastructure services. As per the 12th five-year plan, the investments in the infrastructure sector will be close to 10% of GDP. Investments within the sector can be broadly classified into infrastructure construction investments i.e., roads, urban infrastructure, power, irrigation and railways; industrial or core construction investments i.e., steel plants, oil pipelines and refineries; and real estate construction investments i.e., residential and commercial construction.

The Government is taking several measures and playing an active role in making the investments in this sector attractive. In addition, multi-lateral agencies such as the World Bank and Asian Development Bank are also funding various initiatives. The Delhi Metro Rail project, which was funded partly by Japan International Bank for Cooperation, is an example of an international agency funding a large scale Indian project. Various vehicles of financing, such as Public Private Partnership (PPP) models, are being developed to facilitate private investment in this sector, which has typically been under government regulation.

The Indian infrastructure story is forward-looking and hence, presents immense opportunities for future managers and business leaders. The aim of the SREI Infrastructure Club is to increase awareness amongst its members in this sector and to provide them with the industry exposure through club activities.