Despite being one of the world’s largest property markets, India still lacks a dedicated academic ecosystem for real estate. According to Acharya Amresh Jha—real estate coach and founder of Professional Real Estate Club, Amvisha Real Estate Developers, and AJ Academy—the sector’s transactional legacy has long overshadowed its strategic and knowledge-driven potential. “India had decades of family-run businesses controlled by local brokers who learned by trial and error,” says Jha. “This lack of formal learning has grown to be one of the largest hindrances as the industry matures.”
Jha highlights that while today’s professionals are ambitious, they often lack multidimensional skills. From financial modeling and valuation to sustainability and urban policy, the gaps are wide. Soft skills like negotiation, stakeholder management, and data-driven decision-making are also missing. “The modern market enjoys global ambition, but most participants are still local in their thinking,” he notes. “We need strategic, analytical, and domain-integrated professionals to compete internationally.”
On the question of who should lead real estate education—industry or academia—Jha advocates for co-creation. He envisions a collaborative ecosystem where developers, institutions, and professional bodies jointly design case-based curricula, blending theory with internships, mentorship, and real-world exposure. “The ideal model is a partnership. Industry brings market relevance, academia brings research and trust. Together, they can build a sustainable talent pool.”
Jha also calls for policy support to catalyze this shift. He recommends government-backed grants, CSR-linked incentives, and the formation of a National Real Estate Education Council (NREL) to standardize content and certify institutions. “Real estate contributes significantly to GDP and employment. Education in this sector must be treated as a national priority.”
For young professionals, Jha’s message is clear: the industry is evolving rapidly—from manual to digital, opaque to transparent. Success will require adaptability, long-term thinking, and a willingness to learn beyond land and buildings. “The future belongs to those who understand people, technology, and policy—not just property.”