The image that comes to our mind when we think of real estate is one of unorganised industry which is run in an unprofessional manner by some promoters and by members of their family.In the past few years many past activities going on construction front will slowly change the impression. In recent times the scale of operation of many companies has also increased. The real estate business in India is growing in recent times. Nowadays many companies are increasing their single or double projects to multiple projects across many cities in India. Builders are scaling their operations and also trying to reform their image.
A lot of real estate firms such as Orriss Infrastructure, Logix Group, M3M India and the 3C Company are hiring chief executive officers, business heads and finance chiefs for heading their real estate operations in much more professional manner. They are taking steps for improving professionalism and transparency which are quite evident these days. The developers are getting professionals for improving their image but seriousness to change could sustain only if growth of these professional team is retained. The growth of real estate companies accelerated during 2006 and 2008 but without adequate support of infrastructure.
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