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Global best practices will be an integral part of Indian real estate as human resources skill-up with training initiatives by NAREDCO

NAREDCO RealtyMyths

Global Best Practices are an integral part of the Indian real estate scenario; the structural stability of skyscrapers dotting India’s cityscapes as also the architectural and design excellence which is also reflected in the external façade is largely a story written by skilled manpower which has created for the Indian home buyer, real estate marvels which are on par with similar projects across the globe.

“Some years ago, my Group Company built 23 Marina, which was then the world’s tallest residential tower in Dubai, U.A.E.  When I compare the work we did in 23 Marina with our on-going projects be they in Powai, Thane, Panvel or Oragadam, Chennai; the biggest challenge is getting the same level of finish – and, completed fast. For this to happen, Indian real estate construction sites need well-trained workers to power construction of global standards,” said Dr. Niranjan Hiranandani.

Dr. Niranjan Hiranandani who is also President (Nation) of the National Real Estate Development Council (NAREDCO), said he was proud to announce that NAREDCO had commenced its first batch of training for human resources in the construction sector. This initiative has been implemented on the basis of a MoU signed between NAREDCO and Ministry of Housing Affairs recently, during REIIS 2018. The MoU has the aim of uplifting the qualitative strength of the human resources under the DeendayalAntyodaya Yojana – the National Urban Livelihood Mission (DAY – NULM).

The first batch comprising 35 workers has commenced its training on 24 October 2018 in Kalyan. The training will emphasize on the alignment of skill training programs based on industry requirements and will result in an enhanced supply of skilled manpower to the construction industry by providing training to unskilled manpower at construction sites. This will not just ensure employment to the urban poor through captive placement model, but also result in up-skilling construction workers so that they can reap benefits of an increase in real income and gain newer opportunities through this Government-recognized certification program.

The first batch of training for human resources in the construction sector being held in Kalyan, like the ones that will follow it, is being held under the supervision of well-trained experts who will not just provide insights on skill training and development of the workers but also teach them how to improve their skills to construct property that reflects global standards. “We will create human resources that can create projects with a global finish, and it will be a “win-win” for all stakeholders in real estate,” he concluded.

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