INFRASTRUCTURE AND REAL ESTATE CELL
Infrastructure is a key driver of any country's overall development. As far as the scenario in India goes, the sector enjoys intense focus from the Public Sector and the Private Sector alike, for initiating policies and projects that would ensure time-bound creation of world class infrastructure in the country.
The Indian real estate market size is currently estimated at US$ 120 billion and expected to touch US$ 180 billion by 2020. The housing sector alone contributes 5-6 per cent to the country's gross domestic product (GDP).
Further, Real estate has emerged as the second most active sector, raising US$ 1.2 billion from private equity (PE) investors in the last 10 months.Foreign investors have bought tenanted office space worth over US$ 2 billion in India in 2014, a four-fold rise compared to the previous year, in order to increase their rent-yielding commercial assets in Asia's third largest economy.
Keeping in view the increasing significance of the Sector to the country's economy and development in general, and its promising future, the students at Indian Institute of Foreign Trade, Delhi have setup the Infrastructure and Real Estate (INFRA) Cell.
INFRA Cell has been setup with the objective of promoting careers in the Infrastructure and Real Estate Sectors and to prepare students for the careers in the sectors. To achieve the objectives, the cell aims to organize Guest lectures with the who's who of industry, Interaction Sessions with Alumni working in the industry; besides organizing Competitions and Live Projects for the students.
The members of the Cell come from both the concerned sectors and other sectors. Overwhelmingly, about one-fourth of the current pool of student at IIFT have expressed their interest to be the part of the cell, with a significant number of students having a prior work or educational experience related to the Infrastructure and Real Estate Sectors.
With the setting up of the Cell, IIFT Delhi joins the league with institutions like IIM Bangalore, ISB Hyderabad, IIM Ahmedabad; which have taken initiatives specific to the Infrastructure and Real Estate Sectors.
Meet the Infra cell Team
Fondly known as Bala, this gentle being from Mumbai always has a smile on his face and is always ready to help his batchmates at the drop of a hat.
Mani is a guy constantly travelling in 2 boats of operations and finance and doing great at both! As an SCC, he keeps constant eye on the Real estate sector and the operations happening in the Infrastructure industry.