The government has announced a new HR policy for the real estate sector, with a focus on employee welfare and training. The policy aims to provide a framework for companies to follow, ensuring that employees are treated fairly and have access to training and development opportunities. The policy also aims to promote diversity and inclusion in the workplace, with a focus on hiring and retaining talent from underrepresented groups.

Companies such as Godrej Properties and Oberoi Realty have already started implementing the new policy, with a focus on providing training and development opportunities for their employees. The policy is expected to have a positive impact on the sector, with employees feeling more valued and supported. This is expected to lead to increased productivity and job satisfaction, which will ultimately benefit the companies and the sector as a whole.

The new policy is also expected to attract more talent to the sector, as employees look for companies that prioritize their welfare and development. In terms of specific initiatives, companies are launching training programs for employees, with a focus on skills development and leadership training. The average salary for a HR manager in the real estate sector is around ₹12-18 LPA, with a growth rate of 10% over the past year.

As the sector continues to evolve, we can expect to see more opportunities for professionals with expertise in HR and training.