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Real Estate: challenges

Threats and challenges the industry faces are...

india Updated: Mar 11, 2008 00:25 IST

*

Lack of formal education to prepare people to work in the industry.

* Part of the industry is still not organised. Individual brokers are struggling to keep up with professional services offered by property consultants.

*The perception that the industry is all about making a quick buck on that big deal leads people to walk in and out of it.

* Great demand but less availability of professionals means existing employees jump from one great offer to another.