123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Career >> View Article

Recruitment Trends In Housing Finance Sector In India 2017

Profile Picture
By Author: shaily ajmera
Total Articles: 11
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Housing Finance is a high-flying sector these days and is tipped to grow at a phenomenal 36% P.a. Banks and financial institutions have brought sea changes in their strategies and there is the shift from “seller’s market” to “buyers market”. Liberal tax incentives by the govt, low and competitive interest rates for housing finance has made housing finance sector as the red-hot sector.

Broadly, the providers of housing finance are categorised into three categories:

(1) Housing Finance Companies (HFCs),

(2) Banks and

(3) Housing Co-operative Societies
Housing Finance Companies are losing their traditional dominance to Commercial Banks. With rising demand for mortgages and growing incomes, banks began to focus on rapidly building their mortgage portfolios and now have the larger market share, providing funding to about 75% of the market.The several factors responsible for the growth of this sector. These include Continuously rising demand, affordability of real estate, rising level of disposable income, increasing competition, lowering interest and Government policies. The Housing Finance ...
... Companies and Indian Commercial Banks control 90% of the market.

The shift from “Traditional India” to “Modern India” surely will bring more demand for housing finance. If we look at the Mortgage to GDP ratio it is up to 2% only whereas in advanced countries it is up to 51%, so there is an ample scope for growth in this sector. These are some of the indications which signal bright future for the housing finance Industry.

Recruitment Trends in Housing Finance Sector

Housing finance is one of the leading employment generating industries of the Indian economy. A jump in talent demand is seen in the year 2017. Talent acquisition teams or individuals are required to show their creativity, speedy execution, leadership skills, communication and convincing skills to hire talent in this industry.

Trends That Will Impact The Housing Finance Sector:

- More Jobs
- Support Roles
- Metros To Lead
- Talent Retention
- Solution To Skill Shortage

Conclusion

Skillventory is specialised in analysing the housing finance market. We can show you how to hire top talent with the complete understanding of external factors, how changes will affect your organisation and deliver strategic direction to ensure you remain a highly competitive and highly attractive employer.

Total Views: 467Word Count: 352See All articles From Author

Add Comment

Career Articles

1. The Role Of E-learning In Bridging The Skills Gap In The Tech Industry
Author: Nihal PS

2. What Is The Anzco Code For Project Managers In Australia?
Author: RPLforAustralia

3. Elevate Your Leadership With Online Executive Coaching From Coachbase
Author: CoachBase

4. Unlocking Career Success With The Smsts Course In London
Author: Safetymark Training

5. How Employers Should Seek Top Talent For Their Vacancies
Author: Roxanne Ferdinands

6. A Complete Guide To Personal Licence In London: Everything You Must Know In 2025
Author: Safetymark Training

7. How To Get A Labourer Green Card In London: A Complete Guide
Author: Safetymark Training

8. The History And Evolution Of Digital Marketing
Author: manya

9. Types Of Security Services In Melbourne
Author: arbeed

10. How Can A Full Stack Developer Course In Pune Boost Your Career?
Author: datacouncil

11. Saudi Arabia Jobs
Author: Mems

12. A Guide To The Level 2 Sia Door Supervision Course And Level 4 Certificate In Education & Training (cet) Course
Author: Alzbeta Berka

13. Industrial Automation Courses With Plc & Scada Training
Author: Kavya Raj

14. Who Should Pursue Iso 27001 Lead Auditor Certification?
Author: Jenna Miller

15. Elevate Your Hiring Strategy With Gurgaon’s Leading Recruitment Agency
Author: S K Gupta

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: