Mumbai, the bustling financial capital of India, is witnessing a transformative phase in its real estate sector. As we move towards 2025, there is a decisive shift in the industry, characterized by accelerated technology adoption. Real estate professionals are now required to be adept in using digital construction management tools, ERP systems, CRM platforms, and data analytics. The focus on smart building technologies underlines the need for a workforce that is not only skilled but also continuously evolving to meet the demands of a tech-driven market.
In this dynamic environment, Tomy Thomas, President - HR at Krisumi Corporation, emphasizes the importance of reshaping HR strategies to align with these changes. The transformation of the workforce is critical, as the increasing integration of artificial intelligence (AI) and environmental, social, and governance (ESG) principles into the workplace culture becomes paramount. This shift necessitates that real estate companies not only adapt their hiring practices but also foster an aspirational environment that attracts top-tier talent.
Furthermore, exploring emerging job roles is essential for staying relevant in the market. As the industry evolves, the skills required will diversify, demanding a strategic roadmap for HR that focuses on operational excellence. By 2026, HR leaders must be prepared to navigate these changes, ensuring that their organizations are not just equipped to handle current demands but are also future-ready.
As we look ahead, the challenge is clear: the Indian real estate sector must cultivate a workforce that is not role-restricted but rather flexible and equipped to handle various aspects of the industry. This calls for a proactive approach to workforce development, where continuous learning and adaptation are at the forefront. The future of real estate in India hinges on this transformation, making it imperative for companies to invest in their human capital to thrive in an increasingly competitive landscape.
In conclusion, the Indian real estate industry is on the cusp of a significant evolution, driven by technology and the need for a skilled workforce. The insights shared by industry leaders like Tomy Thomas highlight the urgency for HR strategies that are aligned with this future vision, ensuring that the sector remains robust and attractive for new talent.
