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Hiring in Realty sector increases

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As per to the sources saying at the www.propertykhazana.com, boost up in residential demand, improvement in cash position and new venture openings have placed realty firms back into the rental form. Builders comprising Unitech Ltd, BPTP and Ansal API have opened enrollment drives for civil engineers and auctions marketing professionals for new and running ventures as the market bounced back into the business after an extended slump. Unitech had taken 310 people on board in different places from past 2-3 months, as Parsvnath Developers aims to hire up to 110 Professionals in the next months. Chairman of Parsvnath Developer said to www.propertykhazana.com that, “We have made the fast track implementation of 45 Million Sq.ft of space and will be expecting for technical staff for delivering these ventures.”
Parsvnath had increased almost Rs. 170 Crores through QIP issue in current month. He said that the 60-110 places will mainly be on the construction side in the coming 6 months. On the other side, Unitech has enrolled more for auctions and marketing functions and had increased Rs. 4,400 Crores in two tranches of QIP to rush over the cash flow chomp. It also declined proposals for low-cost reasonable residential in the rate ranging of Rs. 35 Lakhs under the ‘Uni Homes’ brand in 7 cities. For more updates on realty market browse www.propertykhazana.com.
Source: NBTVLIVE

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