Civil Engineering is one of the oldest and broadest engineering disciplines. Civil Engineering involves planning, designing, constructing, maintaining, and supervising infrastructures, which include facilities essential to modern life like highways, bridges and tunnels, schools, hospitals, airports, and other buildings, sewage systems, and water treatment facilities. Subsequently, the course also involves protecting the public and environmental health as well as improving existing infrastructure.


Market Size:

By 2040, the real estate market will grow to Rs 65,000 crore (US$ 9.30 billion) from Rs 12,000 crore (US$ 1.72 billion) in 2019. Real estate sector in India is expected to reach a market size of US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13 per cent of the country’s GDP by 2025. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India's growing needs. Indian real estate increased by 19.5 per cent CAGR from 2017 to 2028.

Sectors such as IT and ITeS, retail, consulting and e-commerce have registered high demand for office space in recent times. Commercial office stock in India is expected to cross 600 million square feet by 2018 end while office space leasing in the top eight cities is expected to cross 100 million square feet during 2018-20. Gross office absorption in top Indian cities has increased 26 per cent year-on-year to 36.4 million square feet between Jan-Sep 2018. Co-working space across top seven cities has increased sharply in 2018 (up to September), reaching 3.44 million square feet, compared to 1.11 million square feet for the same period in 2017. New completion of office space is expected to increase 15 per cent to cross 43.6 million square feet in 2019.



The Indian real estate sector has witnessed high growth in recent times with the rise in demand for office as well as residential spaces. Private Equity and Venture Capital investments in the sector have reached US$ 1.47 billion between Jan-Mar 2019. Institutional investments in India’s real estate are expected to reach US$ 5.5 billion for 2018, the highest in a decade. Between 2009-18, Indian real estate sector attracted institutional investments worth US$ 30 billion and received US$ 2.3 billion in the first half of 2019. Real estate attracted around US$ 14 billion of foreign private equity (PE) between 2015 and Q3 2019.

During April-June 2019, the gross leasing of office space doubled to 18.7 million sq ft across eight major cities.

According to data released by the Department of Industrial Policy and Promotion (DIPP), construction is the fourth largest sector in terms of FDI inflows. FDI in the sector (includes construction development and construction activities) stood at US$ 25.12 billion from April 2000 to June 2019.


Market seems to be fine what the media have to say on this?

India needs Civil engineering skill development for the booming construction industry by India Today

The construction industry will become India's largest employer by 2022 with 72 million employees. But what does India need to do to supply skilled engineers?

For a developing country like India, infrastructure is predominant for the economic progress of the country. With India's GDP projected at 7.8 per cent in 2019, skilled professionals are the need of the hour to achieve a continued progression. Being a capital-intensive industry, construction is an imminent contributor to the national economy as the range of consumers of the construction market has varied over the years.

As per industry estimates, the size of India's construction industry is expected to be USD 1 trillion by 2030 and contribute to 13 percent of the country's GDP by 2025. Considered as the fastest growing industry, construction is poised to become the largest employer by 2022, employing more than 75 million people. With close to 1.5 million engineers graduating in India every year, the country needs approximately 4 million civil engineers on an average, over the next decade, to deliver potential real estate space and planned infrastructure. Despite the legacy of civil engineering in India, and the huge requirement for qualified professionals working to develop the gaps in infrastructure and real estate, this field of study hasn't flourished, with the construction sector seeing a 6.27 percent decline in employment according to a recent survey. Raising skill levels, properly equipping the workforce, providing improved welfare and ensuring greater safety on sites will motivate workers and empower them to raise productivity.


Future of Civil Engineering in India in The Next Ten Years- Business World 

In India, whenever one thinks of pursuing a graduation programme, engineering is always on the list. This is because time and again this field has shown how it has grown, adapted to the ever-evolving requirements and given students the knowledge and skills to pursue a fruitful career. Thanks to the increasing demand in the industry and improved scope, this field has branched into Mechanical, Civil, IT, Electronics and Telecommunications and other disciplines. One of these disciplines which stand strong and evergreen is Civil Engineering. 

According to the definition, this branch deals with the design, construction and maintenance of manually or naturally-built environments such as roads, bridges, dams, airports, buildings and more. It is the art of applying Mathematics and Science to create a better place for everyone to live in. From stone-made bridges to cable-stayed eight-lane bridges, we have come a long way only because of successful Civil Engineering.

Despite the role this branch plays in the development of our country, many students often prefer opting for other disciplines. This is mainly because students are unaware of the scope and the future of Civil Engineering in India in the next ten years. So, let us delve into the understanding of what the future of Civil Engineering entails.


NRI investments in Indian real estate to rise to $13.1 bn in FY21

Once a limited force, the expatriate community currently accounts for a sizable part of Indian housing demand.

In the past few years, NRIs have come strength to strength in the Indian housing market. Once a limited force, the expatriate community currently accounts for a sizable part of Indian housing demand. As per a report by 360 Realtors, India’s leading real estate advisory, in FY 21, a total of $13.1 billion of NRI capital is expected to enter the Indian housing industry, growing by 5% on a YoY basis.

As a leading player in the NRI space, 360 Realtors has been tracking the NRI buying patterns over the past few years. As per the data available with the company, NRI investments will rise to $13.1 billion in FY 21 from $6 billion in FY 14, growing by a little less than a CAGR of 11%. Major sources of NRI investments include the USA, Canada, GCC, UK, Singapore, Malaysia, etc. Interestingly, GCC is the biggest source of NRI investments, accounting for around 42% of the total investment inflow. As there is no citizenship option available in the Gulf region, it is natural for the expatriates living there to buy a home in India.

NRIs are one of the crucial growth drivers for the Indian real estate. Post RERA implementation, the confidence levels of NRIs have gone through the roof. Interestingly, NRIs are not buying for end-use, but many are entering the market with a pure-play investment purpose. There are many NRIs who are maintaining a portfolio of properties,” said Ankit Kansal, Founder & MD, 360 Realtors.


Commercial real estate to continue to do well in 2020

The real estate sector is facing tough times for some time now, but the commercial segment is still doing well and also getting the maximum attention of investors.

The commercial segment is still doing well and also getting the maximum attention of investors. In fact, 2019 saw a total PE inflow of $970 million into Indian retail, and commercial realty attracted the maximum private equity investments, totaling nearly $3 billion in the first three quarters. In the retail sector, vacancy levels have come down to 14 per cent in the calendar year 2019. Approximately 7 million square feet of retail space is expected to enter the market in the year 2020, thereby contributing to the overall robust growth of the real estate sector in India.

Growth in this segment is good as investors show great interest in commercial and recently NRIs have also started investing in this segment mainly because of lucrative returns. When we compare the investment in commercial with residential, then it can be said that returns from commercial are better. An increasing number of private equity funds showed interest in the commercial office space in 2018, which was followed by the same in 2019. And now with news

of India’s first REIT trickling in, the trend of commercial office space having an upper hand in real estate assets will stay. There is likelihood of further infusion of liquidity in commercial property and developers will come up with more projects in this segment. Hence, it will create ample civil engineering job opportunities for the future aspirants. 

motorchip aiflasksideasketch website toygearbiotechnologydata-complexitypromotioncomputersoftwareweb-design idea-1 creativitymicroscopechemistrymodelassemblyplay-outlined-circular-buttonpausecreative open-bookteamwork-team gaugegoallaboratory mathematicsatommechanicmicroscope-1 factory sketch-1 charitysystempistonscruise envelopefacebook-placeholder-for-locate-places-on-mapssmartphone-callold-typical-phoneuserantennacoding computers-network-interface-symbolsearchgoodwillplay-buttonpause-1 tickleft-arrow