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Hello!
Both are good courses depending upon your choice and interest. Both have a good value.
I'm listing the difference between the two, so that you can decide accordingly.
Cpm is about planning/execution of a construction project. It involves both site and in office job. It involves technical + managerial role. It fills the gap between industry demands and be/btech.
Real estate is about commercial management. It is purely a white collar job which involves financials, valuation, marketing, etc. Here you will also learn the general management subjects. I
verdict: if you lik glamorous jobs working with top decision makers & top managerial persons then Mba in real estate is the right option for you but if you're in technical stuff then go for CPM.
I jope this helps
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