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: 474Word Count: 352See All articles From Author

Add Comment

Career Articles

1. How To Build An Impressive Resume While Still In College
Author: Patuck Gala College

2. Tips For Successfully Making A Career Change And Adapting To New Roles And Challenges In The Workforce
Author: raseenadm

3. A Complete Guide To Finding Work Abroad And Navigating Global Job Markets For A Successful Career
Author: raseenadm

4. How Studying Abroad Can Boost Your Career Prospects And Provide Valuable Global Work Experience
Author: raseenadm

5. Why Assertive Communication Is Key To Personal And Professional Success
Author: Protocol

6. Life Of Yasir Arafat Rahim
Author: Dr Susanto

7. Important Advice To Follow To Help You Find The Best Sarkari Jobs In India
Author: jainendra Agrawal

8. Swot Analysis: Your Tool To Discover Your Dream Role
Author: Protocol

9. Parcham Classes
Author: Sudha

10. How To Apply For An Italy Work Permit Visa Online: A Complete Guide
Author: Fatima

11. What Are New Zealand Labour Laws To Know?
Author: Anna Paquin

12. Everything You Should Know About The Vlcc Institute Course Fees
Author: MeriBindiya

13. Discover Your Path To Success At Wsu University
Author: sagar

14. The Ultimate Guide To Network Analyst 263113 Assessments
Author: RPLforAustralia

15. Best Residential Architects In Chennai: Crafting Homes That Reflect Your Dreams
Author: oddsarchitect

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