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Deeksha Project (SIP)

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51 views51 pages

Deeksha Project (SIP)

Uploaded by

indrajeet
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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A

Project Report

On

“Comparative Analysis of Housing Pricing in Pune”


At
“ BuyIndiaHomes Digital Pvt Limited ”
Submitted to the Savitribai Phule Pune University in
Partial Fulfillment of Requirement for the Award of Degree of

MASTER OF BUSINESS ADMINISTRATION

SUBMITTED BY

Deeksha Shukla

MBA –III Semester

UNDER THE GUIDANCE OF

Prof. Harshal Patil

ATSS’s

Institute of Industrial and Computer Management and


Research
Pradhikaran, Nigdi, Pune

Batch 2022-24

1
INSTITUTE CERTIFICATE

This will be given by our Institute

2
COMPANY CERTIFICATE

(Company Letter head)

TO WHOM SO EVER IT MAY CONCERN

This is to certify that Mr./ Ms. ………………. has successfully completed summer
internship project work entitled
“……………………..……………………........................................................................”
during the period from ………………..to …………………

Date:

Place:

Authorized signatory

(With company seal)

3
FORMAL FEEDBACK AND EVALUATION SHEET

(Company Letter head)

This is to certify that Ms. Deeksha Shukla Has completed summer Internship at our
organisation. The task handle by him are as follows

• Nature of work :

• Quantum of work:

• Effectiveness:

• Overall Professionalism:

• Learning outcome:

• Utility of SIP to the host organization:

Date:

Place:

Authorized signatory

(With Company Seal)

4
STUDENT DECLARATION

I, the undersigned, hereby declare that the Project Report titled “Comparative Analysis Of
Housing Pricing In Pune” written and submitted by me to the Savitribai Phule Pune
University in partial fulfillment of the requirements for the award of degree of Master of
Business Administration under the guidance of Mr. Harshal Patil is my original work and
the conclusions drawn therein are based on the material collected by myself.

Date: Signature of the Student

Place: Pune Name of the Student

Deeksha Shukla

5
ACKNOWLEDGMENT

I take this opportunity to express my profound gratitude to Our Director, Dr. Abhay
Kulkarni, Our HOD Dr. Manisha Kulkarni whose wisdom as well as foresight, I
continually benefit from. I am indebted to them for extending me all the cooperation and
patronage they render towards us. They have been wonderful supporters and continuous
motivators for me which helped me in turning my ordinary project into an excellent one.

I also take this opportunity to express a deep sense of gratitude to Company project guide
Mr Arif Sayyed(Owner) for his/her cordial support, valuable information and guidance,
which helped me in completing this task through various stages.

I am obliged to staff members of Buy India Homes Digital Pvt Limited, for the valuable
information provided by them in their respective fields. I am grateful for their cooperation
during the period of my SIP.

It is my privilege to express my profound gratitude and deep regards to my project guide Mr


Harshal Patil for his/her exemplary guidance, monitoring and constant encouragement
throughout the course of this summer internship project. The blessing, help and guidance
given by her/him time to time shall carry me a long way in the journey of life on which I am
about to embark.

I am also very thankful to all SME, “Mr Vinod Bhelose “ who laid the foundations of
various concepts as well as fruitful discussions and suggestions has helped me to enrich my
project work.

I also take immense pleasure to thank Ms Pooja Nalawade, Head-Corporate Relations, for
giving me an opportunity and placing me for the SIP and Project Coordinator Dr. Jayasri
Murali for supporting us throughout the process of SIP.

Lastly, I thank almighty, my parents, brother, sisters and friends for their constant
encouragement without which this summer internship project would not be possible.

Place : Pune
Date : Deeksha Shukla

6
INDEX

SR. NO. CONTENTS PAGE NO.

1 EXECUTIVE SUMMARY 11-12


1.1 Objective of the Study
1.2 Need of the Study
1.3 Scope of the Study
1.4 Timeline of the Project
1.5 Research Methodology
1.6 Data Analysis
1.7 Limitations of the Study
1.8 Learning from the Project

2 ORGANISATION PROFILE 14-25

3 OUTLINE OF THE PROBLEM / TASK 27


UNDERTAKEN
3.1 Identification of the problem/ Task Undertaken
3.2 Objectives of the Study
3.3 Scope of the Study

4 RESEARCH METHODOLOGY 29-30


4.1 Research Methodology
4.2 Research Design
4.3 Sampling Type
4.4 Source of Data
4.5 Sampling Size

5 DATA ANALYSIS & INTERPRETATION 32-37


6 OBSERVATIONS & FINDINGS 39

7
7 SUGGESTIONS 41
8 KEY LEARNINGS & CONTRIBUTION TO THE 43-47
HOST ORGANIZATION
8.1 Key Learnings
8.2 Contribution to the host Organization
8.3 Limitations
8.4 Scope for further Research

9 CONCLUSION 49
10 BIBLIOGRAPHY 51

LIST OF FIGURES

Figure Title Page.


No. No.
1 Investors 16
2 Services 18
3 New Projects 19
4 Property Visit 20
5 Deals 21
6 Property Bookings 21
7 Group Booking 22
8 Loan Assistance 22
9 Preleased 23
10 Resale 24
11 Rental 25
12 Distress Property 25

8
LIST OF GRAPHS

Graph Title Page.


No. No.
1 Comparison Graph of Alandi Road, Hadapsar & Swargate 32
2 Comparison Graph of Ambegaon Budruk, Camp & Baner 33
3 Comparison Graph of Aundh, Anandnagar & Bopodi 34
4 Comparison Graph of Budhwar Peth, Fergusson College 35
Road & Katraj
5 Comparison Graph of Bibvewadi, Bund Garden Road & 36
Ghorpadi
6 Comparison Graph of Deccan Gymkhana, Koregaon Park & 37
Kondhwa Budruk

9
CHAPTER -1

EXECUTIVE SUMMARY

10
EXECUTIVE SUMMARY

Project Title : Comparative Analysis of Housing Pricing in Pune

Company Name : BuyIndiaHomes Digital Pvt. Limited

Industry Type : Real Estate

Duration : 2 Months

1.1 Objectives of the study :-

 To study the House Pricing of Pune.


 To analyze the price of different locations of Pune.
 To conduct the Comparative analysis of Housing Pricing in Pune.

1.2 Need of the Study:-

 Informed Buying Decisions: For homebuyers, having a clear understanding of


house pricing in Pune allows them to make informed decisions. They can assess
whether a property is reasonably priced in comparison to the market, ensuring
that they are making a sound investment.

 Comparative Analysis: Potential buyers and sellers can conduct comparative


analyses by looking at similar properties in the market. This involves comparing
the pricing, features, and conditions of different properties to determine fair
market value.
 Future Planning: Understanding house pricing trends in Pune can aid in long-
term planning. This includes anticipating future market conditions, potential
appreciation, and making decisions aligned with one's financial goals.

11
1.3 Scope of the Study:-

 Market Segmentation: Consider whether the study will analyze different market
segments, such as affordable housing, mid-range properties, or luxury real estate.
Understanding the pricing dynamics in various segments can provide a more
comprehensive picture.
 Selling Strategy: Sellers benefit from understanding house pricing trends in Pune
to set a competitive and realistic asking price. Overpricing can lead to a property
staying on the market for an extended period, while underpricing may result in
financial loss for the seller.
 Geographic Coverage: Specify the geographical area within Pune that the study
will cover. Pune is a large city with various neighborhoods and suburbs, each with
its own real estate dynamics. The scope should clarify whether the study will focus
on the entire city or specific regions.

1.4 Timeline of the Project:-


The timeline for project is 2 months.

1.5 Research Methodology:-


Research done using Research Design Descriptive Research, Data Collection,
Secondary Data collection from (Internet, Real Estate company’s sites).

1.6 Data Analysis:-


The objective of data analysis tools is to make data driven decisions and to make
improvements to business processes through the collection and analysis of data
about a business, its customers and its competitors.

1.7 Limitations of the Study:-


The data limited to 5 years from 2017 to 2022.

1.8 Learning from the Project:-


I have learned skill like data collection, data analysis, data visualization.

12
CHAPTER -2

ORGANISATION PROFILE

13
ORGANISATION PROFILE

Whatever stage of your home journey you are in, we are here to guide you, by making the
process simple, proficient and enjoyable. Whether you are a homebuyer, a renter or a
seller, a residential Indian or an NRI, we are here to listen. Your digital property guide
with a personalized touch! At Buy India Homes, we understand that home deals are more
than just a transaction. We take great pride that we are in a service industry.

Our dedicated team of experts provide you exceptionally personalized services and work
relentlessly to achieve your real estate goals. This is what makes us stand apart in the
market. When it comes to complex world of real estate, we understand the importance of
trusted resource, who can guide you from start to finish of your buying or selling route.
With our extensive research, innovative approach and ‘client-first’ philosophy, we are
committed to deliver maximum peace of mind.

At Buy India Homes, we help you get best industry insights, meet the right people, and
make the deals that best suit your requirement.

14
WHY PROPERTY BUYER'S CHOOSE US:-

 Zero Brokerage-
Unlock the benefits of Zero brokerage in real estate. Find your ideal property across
India without worrying about additional fees. Experience transparent and cost-
effective property transactions.
 Property Search-
Embark on a successful property hunt with us. Explore a wide range of real estate
options. Let us guide you towards finding your dream property.
 Meet Our Experts-
Tap into our wealth of knowledge and expertise with our experts. Our seasoned
professionals provide expert advice and in-depth locality knowledge for real estate
in Pune, Mumbai, Lonavala and major cities across India.
 Site Visit-
Embark on a comprehensive property tour with site visit with our experts. Get
expert advice, explore real estate offerings, explore real estate offerings, assess
amenities and experience the locality firsthand. Make informed decisions with
confidence.
 Loan Assistance-
Get the best EMI options and expert assistance. We'll help you navigate through
the completion of loan processes, calculate EMIs and secure the best financing for
your real estate needs.
 Customer Care-
Experience exceptional customer care with our dedicated Customer care
executives. Our Team is ready to assist you with property tours, address your
enquiries and provide reliable customer support throughout your real estate
journey.

15
Values:-

 Integrity-
Honest advice with clear picture is our strategy. Our agents will put you in a clear
position so that you can take a perfect decision. Your success is our driver!
 Professionalism-
We constantly strive to provide highly personalized professional service, whether
you are a buyer or a developer.
 Expertise-
With our detailed property knowledge supported by our commercial expertise, we
work tirelessly to become your perfect property partner.

INVESTORS:-

Real Estate Investments are proved beneficial since long. Especially in the ever-
expanding cities like Pune, one can enjoy a continuous income source along with
maximum appreciation rate. Buying a property is a one-time job, maintaining it is a
continuous process! And if you have multiple of them, your weekends are hectic. Buy
India Homes Private Limited specializes in serving the needs of buyers, sellers, tenants
and owners of investment properties.

Fig 1 - Investors

16
Our core aim is to become an asset for investors who want to maximize their property’s
value and income. As an investor, one expect two things. One is to have maximum returns
while minimizing the cost. Collaborate with us to relish both. The focus of our company
is to provide real estate services starting with Guidance at the time of buying the property
until renting out your property. We are dedicated to provide professional assistance to
individuals, small firms or large corporations, looking to cater their property management
needs. We are in a process to set up a powerful platform for real estate investors that
provides a proven solution to deliver exceptional results aligned with our client’s
investment objectives.

Vision
To become a vital platform for buyers, sellers, and renters where they get honest insights,
flexible options, that suits all kind of budgets while dealing in this ever-changing real
estate market.

Mission
We are on a mission to provide services with, ‘convenience’, ‘ease’ and ‘seamless
functioning’ and meet maximum client satisfaction to build long lasting relationships. Let
our Clients experience the dream come true of buying an ultimate property

NRI SERVICES

Global Indians are always fascinated by the idea of local property both in terms of finance
as well as sentiments. In a second scenario, for your living or interest, you have to move
from place to place. That’s the good part but the sad part is your property can neither move
nor take care of itself. Though a non-living thing, it has a special soft corner occupied in
your hearts.

The matter actually becomes intimidating when you have to waste your vacation time on
its management. With Buy India Homes Private Limited as your property manager, you
don’t have to do that. We have carefully designed NRI services keeping in mind the needs
of NRI homeowners.

17
Fig 2 – Services

Our NRI assistance package includes the entire property management activities. Right
from buying the property till renting, managing and if the owner wan selling of the
property. We have a modern approach with traditional style.

Our goal is to bridge the gap between you and your property using the current technology
tools, to make the ownership process more easy and manageable. For this, we utilize the
concept of assigning a personalized digital space along with an entirely dedicated property
manager so that you can track all the activities from wherever you are.

With our years of experience in the field of property management, we understand what it
means to ‘look after a property’. Someone will always be there to take care of bills, taxes,
registration, maintenance and utility charges as well as any legal requirements. Create your
property account and virtually manage your property.

18
Services

Service for buyers -

 NEW PROJECTS-
Home, is one of those few decisions in life that impact largely on HOW we live
than WHERE we live. Searching your new home can be as thrilling as an
adventure. Let BuyIndiaHomes.com know what matter to you the most, search for
you through thousands of New Projects, and find that perfect dream home for you,
which meets your demand. We promise to find you the best new project for your
dream home as well as the dream location. Glance through new properties, Snap a
picture, Get all those details of surrounding, take the right step and make that
perfect decision.

Fig 3 – New Projects

19
 PROPERTY VISIT-

Fig 4 – Property Visit

At Buy India Homes we arrange a hustle-free property visit for you. The most
exciting part of the home-buying process is site visit, but it’s also a big
responsibility! That’s why it’s important to understand all that needs to be checked
for. Our Buy India Homes experts are there to help you in the process. Their years
of expertise can help you scan the property without any pressure. And their client
centric approach will guide you through a ready checklist. Perfectly match the
property with your requirement list.

 INVESTMENT DEALS-
You must Buy Smart! Real estate investments have the potential to offer high
returns. Whether you are a first time property investor or a seasoned one, searching
for investment properties is a biggest challenge. Complicated legalities,
questionable quality and lengthy process are a few to name, Join hands with Buy
India Homes. We are all equipped to ease your search process. You are the one
who will hold the key of your real estate investment; we will just drive you faster,

20
Find the best discounted properties and buy smart with the real estate experts. We
are here to accelerate your success and maximize your profit.

Fig 5 - Deals

 PROPERTY BOOKING-

Fig 5 – Property Bookings

No more weekend driving through the city, no more online research, no more
property inspections. However, that’s not over yet. You still are one-step away
from your dream property that is the actual booking process! At Buy India Homes
we have legal personals who can look after all the tedious legal procedures for you.
Our end-to-end property service will help you till possession. Right from drafting
an agreement, sale deed, registration formalities until transferring the property on
your name, we will sail you through the process of legalities in a smooth manner.
Get your interiors done while we look after the voluminous paperwork.
21
 GROUP BOOKING-
We believe in a win-win situation and are here to create it for our clients. For
developers liquidating their inventory is the core aim and for, join hands with
buyers of same interest. Harness the power of group to buyers getting maximum
discount is the ultimate goal. Buy India Homes is that perfect mediator who can
bring both of you together to get your best interests served. Register your
specifications along with preferred location to become part of a buyer clusterbuy
your property at a substantial price discount. We are expert negotiators. Developers
can enjoy enhanced brand identity along with spill over goodwill and Buyers can
enjoy discounted rate.

Fig 6 – Group Booking

 HOME LOAN ASSISTANCE-

Fig 7 – Loan Assistance


Balance your budget! Our loan experts will help you find and secure the best home
loan options in India. Getting into loan calculations is one of the most daunting

22
stages of a home-buying process. We understand the hustle. Buy India Homes has
dedicated home loan advisors to ensure that you get the best loan option and your
interests are protected at all the times. The process starts with understanding client
needs. We keenly look into the proper documentation and bank interactions till you
secure the loan. We don’t stop at this point, continuous support and advice even
after settlement is our style.
 PRELEASED-
We will help you in finding best investment deals through prelease properties.
Do you want to invest with best returns? India, Homes pre-lease services can assist
you on identifying the best option for you. As a first step, we will study your core
requirements and compare them with our huge database. This is our way of
ensuring 100% client satisfaction. Our huge database and connects allows our
clients to compare each individual property before taking any decision. Our
comprehensive range of Pre lease services offers customization so that you can
have the best possible choices that suits your requirement. From locating a pre
lease property to taking over the possession, our services include client requirement
analysis, available properties scanning, Listing best matching properties, and
property visits. Enjoy regular income with appreciation and great returns on your
investment, by using our pre lease property services.

Fig 8 - Preleased

23
 RESALE-

Do you want to Re-Sale your property? Buy India Homes has the perfect solution
for you. When your property is listed with us, you are assured to be in the proficient
hands of an agency having thorough local market knowledge that is vital in today’s
real estate bazaar. Our intense marketing program will help millions of potential
buyers to view your advertisement. We also assist you to find out what your house
is worth off. We can get your home on the selling platform in no time and promise
you that right buyers will reach your home at right time and at right price. Resale
you home at topmost price and save time.

Fig 9 - Resale

 RENTAL-
Buy India Homes is a new rental home platform, which makes it easier for you to
find a new home at a nominal charge. When it comes to searching a rental home or
giving your house on rent, we believe that with the location and comfort of the
rental house, it is equally important to know the neighborhood as well. That's why
from our sourcing insights of the locals, we go beyond the typical listings and offer
neighborhood map details also. Get privileged with our end-to-end support from
finding a rental home, getting a Rental Agreement till choosing the right Packers
too.

24
Fig 10 - Rental

 DISTRESS PROPERTY-
Buying a foreclosures or investing in distress real estate is the opportunity to save
lot of money and help the owner avoid foreclosure. Want to experience this win-
win! You are at the right place. We at Buy India Homes, help you with all well-
searched latest and authentic pre-foreclosures and all related notices of defaults
available for sale near you. We aid you to have secured findings of such bank
properties/distressed properties. Buy India Homes maintains the most up to date
list for your convenience and provides you the most suitable options with ease.
Let’s talk together to have the best deal, invest smartly and get most appropriate
advantage.

Fig 11 – Distress Property

25
CHAPTER -3

OUTLINE OF THE STUDY/ TASK UNDERTAKEN

26
OUTLINE OF THE STUDY/ TASK UNDERTAKEN

3.1 Identification of the problem/ Task Undertaken:-


 Preparing Data of the customer.
 I used to handle the meeting with the builders.
 Connect to the builders’ office.
 I took the orientation of new joiners.

3.2 Objectives of the study:-

 To study the House Pricing of Pune.


 To analyze the price of different locations of Pune.
 To conduct the Comparative analysis of Housing Pricing in Pune.

3.3 Scope of the Study:-

 Market Segmentation: Consider whether the study will analyze different market
segments, such as affordable housing, mid-range properties, or luxury real estate.
Understanding the pricing dynamics in various segments can provide a more
comprehensive picture.

 Selling Strategy: Sellers benefit from understanding house pricing trends in Pune
to set a competitive and realistic asking price. Overpricing can lead to a property
staying on the market for an extended period, while underpricing may result in
financial loss for the seller.

 Geographic Coverage: Specify the geographical area within Pune that the study
will cover. Pune is a large city with various neighborhoods and suburbs, each with
its own real estate dynamics. The scope should clarify whether the study will focus
on the entire city or specific regions.

27
CHAPTER 4

RESEARCH METHODOLOGY

28
RESEARCH METHODOLOGY

4.1 Research Methodology: -

It is the way to systematically solve a problem, the study based on real estate
housing pricing in Pune, The methodology adopted in this study is explained
below: -

4.2 Research Design:-

Research design is a plan of action, a plan for collecting and analyzing data in an
economic, efficient and relevant manner. In this study my focus is to show which
area is more preferable for the client to buy.

4.3. Sampling Type:-

 Type of Research -

 Quantitative Research:

I've used quantitative research for the process of collecting as well as analyzing
numerical data. It is generally used to find patterns, averages, predictions, as
well as cause-effect relationships between the variables being studied.

 Comparative Research:
This method is used to compare the housing pricing in Pune.

29
4.4 Sources of Data:-

The study is descriptive in nature, makes use of Secondary of data

 Primary data -
The data that is collected first hand by someone specifically for the purpose of
facilitating the study is known as primary data. I haven't used any primary data in
this project

 Secondary data -
I have collected the secondary data from books, articles, company magazines,
company website, and MBA projects and through Internet.

4.5 Sampling Size:-

In this project, I have selected sample size - 300.

30
CHAPTER-5

DATA - ANALYSIS

31
DATA - ANALYSIS

Price comparison of 3 different locations of Pune: –

160
139.63
140
125.091
120

100 89.643
Price(Lacs)

80

60

40

20

0
Alandi Road Hadapsar Swargate
(Location)

Graph 1 – Comparison Graph of Alandi Road, Hadapsar & Swargate

Interpretation:-

The above graph shows information about Alandi Road, Hadapsar & Swargate, the most
expensive area is Swargate with the average price of 139.63 lacs.

32
140

120.7
120

100
89.31842105
Price(Lacs)

80
69.96763158

60

40

20

0
Ambegaon Budruk Baner Camp
(Location)

Graph 2 – Comparison Graph of Ambegaon Budruk, Camp & Baner

Interpretation:-

The above graph shows information about Ambegaon Budruk, Camp & Baner, the most
expensive area is Ambegaon Budruk with the average price of 120.7 lacs.

33
115
111.5623684

110

105
Price(lacs)

100 98.41526316

94.96578947
95

90

85
Aundh Anandnagar Bopodi
(Location)

Graph 3 – Comparison Graph of Aundh, Anandnagar & Bopodi

Interpretation:-

The above graph shows information about Aundh, Anandnagar & Bopodi, the most
expensive area is Aundh with the average price of 111.56 lacs.

34
250

214.7136842

200

150
Price(lacs)

100
84.9 85.47368421

50

0
Budhwar Peth Fergusson College Road Katraj
(Location)

Graph 4 – Comparison Graph of Budhwar Peth, Fergusson College Road & Katraj

Interpretation:-

The above graph shows information about Budhwar Peth, Fergusson College Road &
Katraj, the most expensive area is Fergusson College Road with the average price of
214.71 lacs.

35
120
102.4447368
100
87.42947368

80
Price(Lacs)

63.33105263
60

40

20

0
Bibvewadi Bund Garden Road Ghorpadi
(Location)

Graph 5 – Comparison Graph of Bibvewadi, Bund Garden Road & Ghorpadi

Interpretation:-

The above graph shows information about Bibvewadi, Bund Garden Road & Ghorpadi,
the most expensive area is Bibvewadi with the average price of 102.44 lacs.

36
140

118.2931579
120
105.9105263

100
86.31578947
Price(Lacs)
80

60

40

20

0
Deccan Gymkhana Koregaon Park Kondhwa Budruk
(Location)

Graph 6 – Comparison Graph of Deccan Gymkhana, Koregaon Park & Kondhwa Budruk

Interpretation:-

The above graph shows information about Deccan Gymkhana, Koregaon Park &
Kondhwa Budruk, the most expensive area is Deccan Gymkhana with the average price
of 118.29 lacs.

37
CHAPTER-6

OBSERVATIONS & FINDINGS

38
OBSERVATIONS & FINDINGS

 There are different types of housing needs of buyers based on the age, area and
income groups.
 Buyers prefer to buy where their kids are going for schools and their working
offices are nearby.
 Buyers are getting guided by their available finances and the loan component and
hence they do the survey in typical areas where the customer can afford the new
home
 The Builders and Agencies who are in the market need to look at the above factors
and design their offerings and selling strategies.
 The areas surveyed are showing that the average value is above 100 lacs, and the
outskirts have affordable value offerings. City area such as Fergusson Road and
Budhwar Peth, the value crosses 200 lacs, hence buyers would like to look for the
outskirts where prices are in their budget.

39
CHAPTER-7

SUGGESTIONS

40
Suggestions

 The current market is for 2 BHK and 3 BHK Homes and Middle Class and Upper
Middle Class can afford approximately around 100 lacs to 140 lacs around Pune
area.
 The buying decision is based upon a loan component and personal savings, also on
the school, hospitals, working locations add further decision-making points.
 The sellers, i.e. builders, developers and agencies need to look at these
requirements and create a selling package which talks about all these decision-
making points, and also what help they can offer in getting the loans.
 It is also seen that the sellers brand is looked upon by the buyers and hence they
need to build their brand strategies, so that buyers start believing in them.

41
CHAPTER-8

KEY LEARNINGS AND CONTRIBUTION TO THE


HOST ORGANIZATION

42
8.1 Key Learnings:-

 Industry Knowledge: Gain a deep understanding of the [industry] and how it


operates, including current trends, challenges, and opportunities.
 Technical Skills: Acquire and enhance technical skills relevant to the role, such as
proficiency in [specific tools, software, programming languages], which
contributed to improved efficiency and productivity.
 Soft Skills: Develop and strengthen soft skills like communication, teamwork,
leadership, and adaptability, fostering a more collaborative and supportive work
environment.
 Problem-solving: Hone problem-solving abilities by tackling complex challenges,
leading to innovative solutions and improvements in processes.
 Project Management: Learn effective project management skills, ensuring tasks
are completed on time and within budget, leading to successful project outcomes.

8.2 Contributions to the Host Organization:

 Increased Efficiency: Implement strategies that enhanced operational efficiency,


resulting in improvement in key performance indicators.
 Innovative Solutions: Introduce innovative solutions to address specific
challenges, leading to improved workflows and a more streamlined organizational
structure.
 Training and Development: Contribute to the professional development of team
members by resulting in a more skilled and empowered workforce.
 Client Satisfaction: Enhance client satisfaction by leading to positive feedback
and improved client relationships.
 Strategic Planning: Contribute to strategic planning initiatives by providing
valuable insights and data-driven recommendations that align with the
organization's goals.

43
 Leadership Initiatives: Take on leadership roles or initiatives that positively
impact the team or department, demonstrating leadership qualities and
contributing to a positive organizational culture.
 Continuous Improvement: Actively participate in and promote a culture of
continuous improvement, identifying areas for enhancement and implementing
changes for ongoing organizational success.

8.3 Limitations

 Limited Responsibilities: Interns may be assigned basic or routine tasks,


limiting their exposure to more complex and critical aspects of real estate
transactions. This can be a limitation in terms of gaining comprehensive
experience.
 Access to Information: Interns may have restricted access to certain confidential
or sensitive information due to privacy concerns or company policies. This can
limit their ability to fully understand and participate in certain aspects of real
estate transactions.
 Limited Client Interaction: Interns may have limited direct interaction with
clients. Real estate transactions often involve client relationships, and interns may
miss out on the opportunity to develop and hone their interpersonal and client
management skills.
 Lack of Licensing: In some regions, real estate activities may require specific
licensing. Interns may not have the necessary credentials to perform certain tasks
independently, limiting their involvement in certain aspects of the business.
 Short Duration: Internships are often of limited duration, and interns may not
have enough time to gain in-depth knowledge of the real estate industry or
develop a comprehensive understanding of the market trends.
 Limited Exposure to Multiple Areas: Real estate is a multifaceted industry with
various specializations such as residential, commercial, property management,
and investment. Interns may be limited to exposure in only one area, missing out
on a broader understanding of the field.

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 Dependency on Supervisors: Interns may be highly dependent on their
supervisors or mentors for guidance and learning opportunities. This can be a
limitation if the supervisor is unavailable or if there is a lack of effective
mentoring.
 Industry Downturns: Real estate is sensitive to economic conditions, and
interns may experience limitations if they intern during a period of economic
downturn or slow real estate market activity.

8.4 Scope for further Research

 Sustainable Development in Real Estate:-


 Investigate the impact of sustainable building practices on property values.
 Explore the adoption of green building certifications and their effects on
marketability.
 Assess the long-term environmental and economic benefits of sustainable real
estate development.

 Impact of Technology:-
 Study the influence of emerging technologies (e.g., block chain, artificial
intelligence) on real estate transactions and property management.
 Examine the effectiveness of virtual reality in property marketing and virtual
property tours.
 Analyze the role of proptech startups in reshaping the real estate industry.

 Affordable Housing:-
 Explore strategies to increase the availability of affordable housing in urban
areas.
 Investigate the impact of government policies and incentives on affordable
housing development.
 Assess the social and economic implications of inadequate affordable housing
options.

 Urbanization and Smart Cities:-


 Examine the role of real estate in the development of smart cities.
45
 Investigate the impact of urbanization trends on real estate demand and property
values.
 Assess the effectiveness of smart infrastructure in improving the quality of urban
living.

 Real Estate and Economic Development:-


 Study the relationship between real estate development and local economic
growth.
 Examine the impact of real estate investments on job creation and income levels
in communities.
 Investigate the role of public-private partnerships in fostering real estate
development for economic development.

 Real Estate Finance and Investment:-


 Analyze the performance of real estate as an investment class compared to other
asset classes.
 Explore innovative financing models for real estate projects.
 Examine the impact of interest rate changes on real estate investment strategies.

 Global Real Estate Markets:-


 Study cross-border real estate investments and their impact on global markets.
 Analyze the factors influencing international property investment decisions.
 Investigate the role of political and economic stability in attracting foreign real
estate investments.

 Real Estate and Social Equity:-


 Explore the relationship between real estate development and social inequality.
 Investigate the impact of gentrification on marginalized communities.
 Examine strategies to promote inclusivity and social equity in real estate planning
and development.

 Real Estate and Health:-


 Study the impact of the built environment on public health.
 Examine the role of real estate in creating healthy and sustainable communities.

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 Investigate the influence of urban planning on physical and mental well-being.

 Post-Pandemic Real Estate Trends:-


 Explore the long-term effects of the COVID-19 pandemic on real estate
preferences and market dynamics.
 Investigate the shift in demand for remote work-friendly properties and its
implications.
 Examine the resilience and adaptability of real estate markets in response to
global crises.

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CHAPTER-9
CONCLUSION

48
Conclusion

In conclusion, this real estate project has provided valuable insights into through
meticulous research and analysis, several key findings have emerged, shedding light on
critical factors that impact the industry.

As the real estate industry continues to evolve, it is crucial for professionals, policymakers,
and stakeholders to remain adaptable and responsive to changing market dynamics. The
findings of this project underscore the need for ongoing research, innovation, and
collaboration to navigate challenges and capitalize on emerging opportunities.

In conclusion, this real estate project has not only deepened our understanding of but also
underscored the significance of proactive and informed decision-making in the pursuit of
sustainable and successful real estate endeavors. The lessons learned from this project will
undoubtedly contribute to the continued growth and resilience of the real estate industry.

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CHAPTER-10
BIBLIOGRAPHY

50
BIBLIOGRAPHY

WEBSITES

 https://www.buyindiahomes.com/
 https://www.buyindiahomes.com/about-us
 https://metaverserealestateregistration.com/?gclid=Cj0KCQiAn-
2tBhDVARIsAGmStVnB_J2jh2PGhx1qXlBKvd-
ZTiuMqvu5J45FEGzpG2xr1f9lDQzyIJcaAlKjEALw_wcB
 https://en.wikipedia.org/wiki/Real_estate
 https://www.buyindiahomes.com/top-builders-and-developers-in-pune-mumbai-
lonavala
 https://www.cbre.com/insights/reports/asia-pacific-investor-intentions-survey-
2024?utm_source=google&utm_medium=cpc&utm_campaign=2024+APAC+IIS
&gclid=Cj0KCQiAn-
2tBhDVARIsAGmStVk6sx6LLCmOYi5ABhIVyOIFqnnNZiY4wLjUdNwRPMs
qTeegqm4DVD0aAv1REALw_wcB

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