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REALTY SECTOR - REALITIES
by on Sep 07, 2007 07:16 PM

It is very heartening to see each & every message posted here(i have read 12 messages so far) almost agreeing on the actual reality of the REALTY SECTOR. Please note the underlying goal of all the promoters/developers/builders which is only to fill their pockets. I have not seen any of them paying even reasonably well to any technical staffs.(i am a Civil Engineer). I have worked with top builders of Bangalore (BRIGADE) and Mumbai (HIRANANDANI). It was very dissapointing experience when it came to see what is left in our hands on last day of the month. Hardly any saving potential in salaries that we received. Hardly 10% saving. Whereas, we all know that these builders minted money in Crores & you can very well see the growth they have made in last one decade or so. Remember this was achieved due to the hard work of several thousand workers who were all paid below par.

Having realised their attitude very early (1995), i had left to Gulf as a Project Engineer (construction). I can very well say that middle east (saudi arabia and UAE in particular and other countries)offered far better prospects & they continue to offer better prospects to new comers even today.

Saving potential is very huge.(60% of salary as net saving). Even though i have returned to india few months ago, i can very well see the builders in same mould as they were a decade ago.

Hence, i would advise the readers to be cautious on the article & be ready to work any where in the world, if they offer be

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Want big salaries? Try realty