The real estate industry in India has witnessed a significant growth in salaries over the past year, with an average hike of 10% across various roles. As per data from People Matters, the highest salary growth has been witnessed in roles such as sales and marketing, with professionals in these domains experiencing an average salary increase of 15%.
The average salary for a sales manager in the real estate sector in Mumbai is around ₹18 LPA, while a marketing executive can expect to earn around ₹12 LPA. The growth in salaries can be attributed to the increasing demand for skilled professionals in the industry, particularly in locations like Navi Mumbai, Thane, and Panvel.
In fact, a recent report by Times of India states that the real estate sector is expected to create over 1 million new jobs in the next year, providing ample opportunities for professionals to grow and develop their careers. With the industry experiencing a significant boom, companies are looking to attract and retain top talent, leading to a growth in salaries and benefits.
As per a survey by HR Katha, 80% of real estate companies are looking to increase salaries in the next quarter, making it an exciting time for professionals in the industry.
