The Mumbai Metropolitan Region (MMR) has seen a 25% increase in property sales over the past quarter, with a significant rise in demand for luxury homes in areas such as Navi Mumbai and Thane. This surge in demand has led to an increase in hiring by real estate developers, with companies such as Godrej Properties and Lodha Group looking to fill roles such as Sales Managers and Customer Relationship Managers.
According to data from PropEquity, the MMR region has seen a 15% increase in new project launches, with many of these projects being luxury developments in areas such as Panvel. The average salary for a Sales Manager in the real estate industry in Mumbai is around ₹18 LPA, with some companies offering salaries as high as ₹25 LPA.
As the demand for luxury homes continues to rise, it is likely that we will see even more hiring in the real estate industry in the coming months.