What is meant by urban infrastructure?

 What is meant by urban infrastructure?

The urban infrastructure consists of drinking water, sanitation, sewage systems, electricity and gas distribution, urban transport, primary health services, and environmental regulation. The majority of the services mentioned are in the nature of local public goods with the benefits from improved urban infrastructure in a given city limited to the citizens living in that city.

The way we live and, where we live, is changing fast. In 1950, 746 million people around the world lived in cities. Today, 3.0 billion do- and that figure is expected to grow by a further 2.5 billion by 2050.

The world is moving from spacious, green, rural lives to condensed, concrete urban ones. Putting the numbers into context – in just 100 years, the population of our cities will have grown by 88% – to 6.4 billion.

The most pressing issue is how to provide enough infrastructure to cope with the stress caused by the massive expansion of populations in concentrated spaces. Established cities must build, maintain, and upgrade extensive transport, power, water, and telecommunication networks, to keep up with the demands of economic development and population growth. This infrastructure is necessary to continue to progress societies and improve living standards.

The real estate and infrastructure sector is expanding to meet the urgent and constantly growing need, but the industry faces a major challenge- the skill gap. The sector needs techno-managers. Today, the majority of the workforce in the industry does not have the required skills to manage a construction project. They neither have proper qualifications nor competency.

But if you aspire to enter the sector, worry not. You can be prepared to face the industry challenges from day one with accredited programmes such as BBA/MBA in real estate & urban infrastructure.

RICS SBE, Amity University

RICS SBE is India's first RICS Accredited Institution led by the industry for the industry. RICS SBE is the only institution to offer dual accredited (RICS, PMI-GAC) & UGC-recognized degrees. The school aims to bridge the skills gap by delivering industry-ready professionals.

In this programme, graduates learn the business and commercial aspects of the Real Estate and Urban Infrastructure Sector by combining their technical skills acquired during their graduate programmes with business and commercial skills, which transforms them into potential business leaders that the industry is looking forward to. Currently, every industry is looking for Techno-Commercial Managers, who can implement technical aspects successfully while understanding the business implications.

Their graduates are nurtured to become Future Corporate Leaders as they traverse their career paths by getting in-depth exposure to real-life business problems in the classroom while being guided by faculty with significant industry experience. The students are well-trained to resolve these problems by applying all business management aspects i.e., Strategy, Marketing, Finance, Legal and Technical aspects, Taxation, Information Technology and Human Resource Management.

The curriculum of MBA in REUI prepares the students for the entire project life cycle of real estate enabling them to take up diverse job roles with Real Estate Developers, International Property Consultants (IPC), Banks & Financial Institutions, Valuation Companies or any Corporate since Real Estate is an essential component of any Business.

Moreover, they are being trained on RICS Pathways and Competencies and imbibe skill sets that equip them for becoming productive at workplaces from ‘Day One of their jobs, without any significant need for training.

RICS SBE graduates are working with decision-makers in mid and senior management roles with leading Indian and foreign MNCs.