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    Home»News»Hiring in real-estate space has gone up by 86% in one year
    News

    Hiring in real-estate space has gone up by 86% in one year

    The March 2023 to 2024 period also saw 57% rise in interest of job seekers says a report
    HRK News BureauBy HRK News BureauMay 2, 20242 Mins Read6042 Views
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    The construction and real-estate sector seems to be witnessing a lot of hiring these days presenting immense opportunities for skilled professionals as well as semi-skilled workers. According to data by Indeed, there has been a whopping increase of 86 per cent in hiring within this space in the March 2023 to 2024 period. There was also a spike in the interest of job seekers, mostly in Delhi, Bangalore and Mumbai.

    Maximum hiring is happening in the construction sector of Delhi, Bengaluru and Mumbai, in that order, with hiring of 5.05, 4.68 and 4.13 per cent, respectively, thanks to the notable strength of the business landscape, the rise in warehousing and industrial requirements and surge in demand for commercial housing. This can be attributed to increased migration, establishment of manufacturing units and so on.

    Smaller cities such as Ernakulam, Kochi, Lucknow and Calicut seem to be most popular as far as job seeker interest is concerned. This is primarily because the cost of living is not too high and there are enough opportunities available locally so that job seekers can work closer to their homes.

    Among tier 2 and 3 cities, Ernakulam Calicut and Kochi seem to witness the maximum job postings.

    Maximum job postings (17.18 per cent) are for engineers, followed by project leads and supervisors (eight per cent) and architects (five per cent). In tandem with this demand, the job seeker interest understandably lies with engineers (21.31 per cent), project leads and supervisors (9.33 per cent), and architects (4.27 per cent). With construction becoming more complex and technical by the day, the demand for skilled professionals in the industry has also risen.

    construction and real-estate sector employment opportunities job opportunities
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