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"Real Estate Management in Mumbai”
(Study on Real estate) (Mumbai Real Estate Association) Submitted By Ansari Shahid Project Guide: Ms Asha Dhumal Semester V Bachelor of Management Studies.
Vikas College of Arts Science and Commerce, Vikroli (East) Mumbai. Year-2012-2013
I, Ansari Shahid Shafi Student of Vikas College of T.Y.B.M.S (SEM V) hereby declare that I have completed the project on “Real estate Mumbai’ Study on Real estate in the academic year 2012-2013 the information is true and best of my knowledge.
Ansari Shahid Shafi T.Y.B.M.S (SEM V) Vikas College of Arts, science and Commerce
I hereby present report, which I have under taken during my project. I have learnt many aspects about “Real estate” and this certainly have widened my fact and made a note on it. After observing each and every aspects of “real Estate” From Various Web sites, News paper and Book. I have tried to put all together in this report which would either appear incomplete or based on incomplete information and not on detailed study. But according to me, this do demand due consideration. I also hereby express my sincere gratitude to our who is my project guide and who had suggested me to do this project. I really thank him for helping me to choose this topic, which I intended to study about. It due to his undaunted support and faith in me that I have been able to complete this project to the best of my efforts.
Mumbai University Vikas College Vikroli (East)
VIKAS COLLEGE OF ARTS, SCIENCE AND COMMERCE
(AFFILIATED TO UNIVERSITY OF MUMBAI)
Kanamvar nagar.B. Place: __________ Date: ___________ ________________ _____________ Signature of Examiner Coordinator ______________________ Principal of Vikas College BMS Topics: 1.Y.Introduction to Real estate.Vikroli(E).S. in academic year 2012-13. .Mumbai – 400 082 BACHELOR OF MANAGEMENT STUDIES (BMS) CERTIFICATE This is to certify that “Ansari Shahid” has satisfactorily carried out the Project work on the topic “Real estate” for the Vth Semester of T.M.
Investment &finance.Swot Ananlysis 6. Funds Generation. 7.Some of Best ever construction By our Developers of Mumbai. 3. Awards of real estate. 8.Market Overview.Development of real estate .2. . 9.Bibliography.Policy.[Key regulation & FDI Guide lines in Real estate] 4.Participants in development. 5. 3.Questionnarie of Real estate by investors And solution from Analyst. Marketing.Management process in Real estate relates to its Functioning.
but it is essentially a business. (more generally) buildings or housing in general. immovable property of this nature. or water. because no one else is affected by the result.Introduction Real estate is "Property consisting of land and the buildings on it. If he is successful the rewards are his. But let him attempt to practice a profession and." Real estate is a business. . art or learning to the use of others. (also) an item of real property. A profession implies professed attainment in special knowledge. A profession applies science. the profit to the professor or person applying it being incidental. A person may engage in business with or without special knowledge and no one else is concerned with the question whether he has any knowledge of the business. not a profession. an interest vested in this. and the fact that his reward is diminished thereby is merely incidental to the fact that others suffer. Real estate is sometimes inaccurately spoken of as a profession. selling. and the profit is to the one engaging in the business. along with its natural resources such as crops. the profession of buying. minerals. Also: the business of real estate. buildings or housing. others are directly affected. if he be unskillful. whereas a business is engaged in primarily for profit. if he fails he bears the loss. or renting land.
for operating a business. as well as the structure. A model is chosen as a preference of how the owners want to operate. Real Estate business models include: • • • • • • • Independent brokerage Real Estate Franchises Associate brokers Flat Fee Commission Percentage Fee-for-service Buyer Brokerage. and as a response to their market and customer requirements.Definition: According to Jammes Kimsons. . There are usually many business models in an industry. A business model is the theory and basic plan.
Development of real estate.2. 2.2. • Commercial office.Market overview of Real estate.Introduction. . • Residential spaces. 2.1.
Commercial office. If we see pictures of Years 2000 Beginning at that time India was totally scares its was undeveloped Nation.2. Retails Space.1. Now in India we can see many of real estate projects in Kinds of. An if we see Pictures from 2004 and upto date now India is developing country. . lets talk About real estate development in India From 2002-2011.Introduction & purposes. Mall. Multiplex.
BKC] Bank of Germany.[Boomerang.AK Road.2.Kanakia.Sez development Program has taken place. with a CAGR of 30 per cent • Total economic value estimated to be US$ 40-45 billion accounting for four to five per cent of the .[The capital. sakinaka] Pantosh. Chandivali. Examples are: Google India. Globalization].[Chintamani plaza. This all was Happen due to LPG[liberalization. Sahar road. Andheri east] Blue Dart [Prime corporate Park . Due all this Now India has becoming popular country in World map in Stands in record book due to real estate development.com[sagar tech plaza.Market Overview: Market overview of Real estate.[Srishti Plaza.[Logitech park. Andheri east] 2.Andheri east] Bank of Kuwait etc. • Real estate industry is currently estimated to be US$ 48 billion.Powai] Jotun International[Ascort center.sakinaka] Nexus logistic. We will see those construction which makes India recordable now in real estate sector. powai] Barclays bank. Privatization.Now Due to real estate development many of Global company/ Banks/Institution are operating their business from India.Sahar road.
the globalization of Indian corporates and. commercial.GDP • Growth driven primarily by IT/ITeS. can be segmented into residential. growing presence of foreign businesses in India. the rapidly increasing consumer class providing a huge market potential • The real etate sector is in an early growth stage. retail and hospitality asset classes • Demand-supply gap across all segments for quality real Market Overview of commercial space. Growth Drivers • Growth in IT/ITES sector at 30 per cent annually (source: NASSCOM) • Significant growth in FDI Market Structure .
• Dominated by a few large national developers with pan-India presence • Regional players are expanding to achieve a Pan-India presence • Shift in the type of operations from Sale Model to lease & maintain model. Segmentation • Commercial Space can be classified broadly into Grade A and B • Business activity shifting from CBD to SBD and from Tier I to Tier II & III .
Outlook • Commercial market expected to grow at CAGR of 20 per cent to 22 per cent over the next five years • IT/ITeS sector expected to require in excess of 285 million sq. . ft of commercial office space by 2012-13.
• • Increasing working age population (almost 64 per cent in 16-64 age group). Market Structure • • Highly fragmented and unorganized Regional players are expanding to achieve a Pan-India presence Segmentation • Broad categories include Low cost/Mid market/ Premium housing • Luxury segment growing annually at 25-30 per cent. . • Decreasing household size: Average increase in number of nuclear families estimated to be over 300 million (middle class population). Increasing income levels: per capita GDP increased by 66 per cent in last five years.Market overview of Residential Growth Drivers • Rapid urbanisation: Urban population expected to touch 590 million by 2030.
predominantly in middle and low income group • Expected to grow at CARG of 18 per cent to 19 per cent upto by 2010 • Mortage finance will be increasing penetration into the urban housing.Outlook • Current shortage close to 25 million units. finance sector .
.Public sector 3.Private sector.3.1.2.Participants in development 3.
Assessment and recovery of lease rent/rent. Allotment of transit tenements and allotment of reconstruction tenements to the occupants/tenants of old/cessed buildings. All these functions are performed through field office of Regional Board 2. MHADA: MHADA was established in the year Act 1977 by merging Maharashtra Housing Board. Policy decision in respect of issue behind the preview of regional board.Public sector: public is also participating for development regions. payment f Municipal water bills. b. c. The Estate Management functions are implemented and monitored at four different levels as follows: a.1. raising demand. MHADA : Policy formulation. etc. CO/EM. etc. Again in the year 1992 BBRRB was separated as independent board from BHADB. Providing proper amenities and maintenance of common infrastructural services in the colonies. Estate Management zone of the board : Activities related with post-allotment work/field works. colonywise documentation. identifying unauthorisedly occupied premises. initiating actions against defaulters. matters arising headed by estate after allotment like TOT. b. MBRRB and MHB were merged together to form Bombay Housing and Area Development Board. Later Bombay Housing and Area Development Board was renamed as Mumbai Housing and Area Development Board (MHADA). Updating of Rents rolls. recovery of dues. 1976. In maharashtra it is named as MHADA/SRA. service charges. Reviewing/Monitoring of all functions carried out by regional boards. property register. Conveyance of property. c. The principal functions of management are: a. Allotment of residential and non-residential tenements and plots. hire purchases installments. Functions And duties 1. MBRRB and MSIB. The Authority derives its duties and functions relating to estate management from chapter – IV of MHADA Act. . Chief office with estate management departments and zones headed by Dy. e.3. d. The rules and regulations are framed for this purpose in accordance with the Act. Maintain. preallotment activities and monitoring of estate management functions in respect of post-allotment functions in all the zones under the Board Conveyance of properties. Under MHAD Act. care taker permissions. : Implementations of policies.
Family person from defence 2 6. Marketing in Mhada is done by category and relates to percentage. Rent Collectors : These fields level offices are mainly involved in actual recovery of rent/service charges/hire purchase installments.Ex service men in public sector 5 7. Marketing of Mhada.5%) 2. Category relates to peoples such as: Category Percentage 1. Schedule Tribes (6%).Blind or physical handicapped 2 5.Scheduled Castes including Neo-Buddhists (11%)..State government employee at statutory board 5 9..Employee of Authority 2 2.Government discretion(under regulation16) 2 11. etc.5%) and Denotified Tribes (1.Central government employee retiring in 3 years and staying in staff Quarter 2 10.5 .d.All sitting and Ex member of parliament 2 8.Journalists 3.5 2.Freedom fighters 4. 20 Nomadic Tribes (1.
can be considered interchangeably if sufficient number of applications are not received in either of the category.Slum Development at MulundName P.. But these reservations can be transferred to other categories like general category with the approval of Govt.G. Slum Development at Kandivali Name P.Artisit in Drama/Tamasha 2 Total 50% Some of time this percentage are due some things like: As regards to the reservations belonging to S.T.Sahakar nagar and subhash Nagar at chembur.P 2.12.G. Powai/Chandivali 5.. D.G.Kannamwar Nagar(Vikhroli east) 6.P 3. .M.T.T.M.. N..P 4.C. S. Development done By Mhada in Mumbai overview: 1.Slum Development at Dharavi Name P.M.
11.Sahar colony near international airport Andheri 9.It was registered under Maharashtra Regional & Town Planning Act 56 HISTORY Till 1970: Demolition of slums by treating them as illegal squatters.Teacher colony Bandra 8. 13.Dhindoshi Goregaon. Slum improvement works taken up.It was come into existence on dated as 1/01/1995. SRA: Slum Rehabilitation Authority . 10. Census of slums was carried out in 1976 and I-cards were issued.By Chief secretary of Maharashtra Named Shri Dinesh Afzalpurkar.JVPD Parle.Dhake colony Andheri. 1970-1980 : 1980-1990 : Land occupied by slums was given on lease to the slum dwellers. Demolitions termed inhuman by citizenry.7. 12.Sundre Nagar Kalina.Mulund Mitha Nagar/Navaghar road. And many more projects are also in Thane region. Soft . Slums reappeared.
11. 13. ft.) 1990 till date : Features of Schemes 1. The area allowed for sale in the open market is equal to the area of tenements constructed for Rehabilitation of slum dwellers. ft. 5. Floor Space Index (known as FAR elsewhere) upto 2. (SRS) 6. 12. Every slum dweller whose name appears in the electoral rolls as on 01/01/1995 and who continues to stay in the slum is eligible for rehabilitation. The slum dwellers appoint a developer for execution of SRS. The developer is required to construct the rehabilitation tenements on the plot itself. 8. irrespective of the area of slum structure.loans were extended to slum dwellers to take up slum upgradation works. Every eligible slum structure that is being used for commercial purposes is granted an alternative tenement having area equal to the structure subject to an upper limit of 225. The profits generated from the sale of these tenements was to be used for cross-subsidising the free houses to the slum dwellers. 3. These transferable rights . The balance FSI left is allowed for construction of free sale tenements. The spill over entitlement to the developer is permissible for sale in the form of transferable development right in the open market. The underlying land of the slums was treated as a resource.5 is allowed for SRS. Incentive FSI for constructing tenements for sale in open market was allowed. 4. preferably at the same site. The developers are allowed to construct tenements for sale in the open market. A minimum of 70% of eligible slum dwellers in a slum pocket come together to form a co-operative housing society for implementation of Slum Rehabilitation Scheme. Every slum structure existing prior to 01/01/1995 is treated as protected structure. Every eligible residential slum structure is provided with an alternative tenement admeasuring 225. men and material for construction of free houses for the slum dwellers. The underlying land is used as a resource for the SRS. A new concept was evolved. 2. 10.00 sq. 7. The developer is compensated for his efforts in the form of free sale component. The developer puts in resources in the form of money. (Special autonomous authority Slum Rehabilitation Authority was established. lands.00 sq. The scheme could be implemented only on non-reserved govt. 9.
33% of the reservation area is left free for the intended reservation.can be utilised on other non slum pockets subject to the provisions of D. Facilitating measure in the form of additional 5% incentive commercial area is available to the projects being implemented by either a society of slum dwellers directly or a NGO. Along with the free rehabilitation tenements the developers also have to provide space for amenities like a creche (Balwadi). C. 16. In case of plots reserved for unbuildable reservations. welfare centre. 18. a certain predetermined proportion of the permissible built up area is to be constructed as per the requirement of user agency and handed over free of cost to the city administration as a part of SRS. Regulations. The authority is mandated to act as a facilitating agency for implementation of SRS. 14. Slum Rehabilitation Authority is designated as a local planning authority to provide all the requisite approvals for SRS under one roof. 17. In case of plots reserved for buildable reservations. 15. Process Of SRA: . The plots which are reserved for public purposes and which are over run by slums can also be taken up for implementation of a Slum Rehabilitation Scheme. 19. society office.
Collect share capital of Rs.per member and Re. 5. Annexure I is scrutinized by the engineering wing. Annexure III is simultaneously forwarded to the financial wing for scrutiny. 7. Survey of structures on the plot is carried out and the structures are numbered on the plan. A table of house number as per plan and the name of the occupant is prepared. 5. 4. Endeavor is made to issue all these four approvals at one go. 7. The plot is got measured and the slum structures are properly demarcated. Structural engineer. It is ensured that all requisite documents are submitted along with the proposal. 4. 3. Documents regarding the title of the land are collected by the society. etc. At least 70% of the slum dwellers in a slum unite under a slum dwellers cooperative housing society. 50/. A suitable developer is appointed by the society by a general body resolution. The developer appoints professionals like Architect/ Licensed surveyor. 1/. . layout. annexures and documents is submitted by the architect to SRA. This is then deposited in the name of the proposed housing society in the Mumbai district central co-operative/ Maharashtra State co-operative bank ltd. After Annexure II & III are certified by the competent authorities.as entrance fee. Intimation of Approval and commencement certificate to the first building for work upto plinth are processed. Second Stage 1. They appoint a chief promoter. 3. at-least for the first rehabilitation building. 6. 2. Annexure II is forwarded to the competent authority for certification. 6. 2. The developer enters into individual agreements with all the slum dwellers agreeing to participate in the scheme. A proposal enclosing requisite plans. If the proposal is in order. 1. Initial scrutiny of the proposal is carried out by the concerned sub-engineer. approvals to LOI. The scrutiny is paid by the developer.Initial Stage All slum dwellers residing on the plot prior to 1/1/1995 and are in use of the structure are eligible for rehabilitation. the amount of scrutiny fee to be paid is worked out by the sub-engineer.
work upto plinth is completed. 2. 6. 7. The slum dwellers are shifted to the transit camps and their hutments demolished. etc can be taken on rental basis by the developers. as mutually agreed between the slum dwellers and the developers. Building permissions for the sale buildings are given in the proportion of the permissions given to the rehabilitation buildings. Draw for the non. SRA extends all help to the developers to locate suitable site in the vicinity for construction of transit camps and helps to obtain permissions from concerned authorities for the same. If these members do not agree to participate within 15 days of the approval of the proposal. list of allotment is drawn up. to ensure that there is no obstruction to the scheme.participating members from the remaining tenements is also drawn.Third Stage 1. they are physically evicted from the site under the provisions of Sec 33 & 38 of Maharashtra Slum Areas (Improvement. MMRDA. Plans for the further buildings both for sale and rehabilitation are then approved. Clearance and Redevelopment) Act. Draw of lots for allotment of transit tenements is drawn. The slum dwellers who do not agree to participate in the scheme are given notice by the society staling the allotment details and requesting them to participate in the scheme. Fourth Stage 1. 8. which can be either on-site or off site. 1971. 2. After demolition of the structures. The developer arranges for transit accommodation to the slum dwellers. In case the developer has difficulty in arranging for suitable transit accommodation. due to site constraints. Upon completion of rehabilitation building/ wing. The allotment is done in the joint name of the head of the household and the spouse.SRA extends all possible help for obtaining these transit tenements from these authorities. In case no suitable site is available in the vicinity. The society draws lots for allotment of the tenements to the members who are ready to participate in the scheme. transit camps of MHADA. 4. 5. further permission to carry out construction beyond plinth is granted. After checking the plinth dimensions. 3. 3. .
6. SRA acts as facilitating agency in case of any difficulty with the revenue authorities. the underlying land is transferred on lease to the society of slum dwellers. Building completion certificate is submitted by the architect. After checking of the building and compliance of the IOA conditions Occupation permission to the building is granted. The slum dwellers as per the allotment list are given possession of the tenements. Fifth Stage 1. 5. 2. Separate property cards for the rehabilitation building plot and the sale building plot as well as for the reservation plots to be handed over are prepared. Upon completion of the last buildings in the layout. the lease rent is nominal.4. SRA issues identity cards to the slum dwellers. Further building permissions as well as occupation permissions to the buildings is then granted in due course. . In case of Government lands. 4. Further construction of the remaining building/s is then taken up. 3.
Marathon. etc Development participants are: 1.Indiabulls 3. Basically private sector are also working for development of Mumbai but they are working in near by location such as Panvel.2b.Nirmal Group of companies.Godrej Developers.Lodha Group of Companies. 4.Private sector. . 6.TATA housing and development.Rustomjee Group of builders. 7. Thane. 2.3. Vasai. 8.
3. 4.1.4.Allotment of FDI in India. Experience. 4.Introduction.2.Policy 4. .
In 2004-05 this increased to US$ 3. In 2003-04. . only Non Resident Indians (NRIs) and Persons of Indian Origin (PIOs) were permitted to invest in the housing and the real estate sectors. nevertheless projects that in 2006-07. the real estate share in them was around 16%. Salim Group from Indonesia. And this high growth curve in the real estate sector owes some credit to a booming economy and liberalized Foreign Direct Investments (FDI) regime in the real estate sector. Foreign investors other than NRIs were allowed to invest only in development of integrated townships and settlements either through a wholly owned subsidiary or through a joint venture company in India along with a local partner..46 billion. In FY2010 the FDI of real estate is touch to US$27 billion.4. total FDIs will touch about US$ 8 billion in which the real estate share is estimated to be about 26.70 billion. Evan Lim. of which only 4.Introduction. Until now.5% was committed to real estate sector. CESMA International Pvt Ltd. This liberalization act cleared the path for foreign investment to meet the demand into development of the commercial and residential real estate sectors.6%. from USA. The Study. the real estate shares was 10. However.And its likely to be reach US$ 40 billion dollar in FY2015-16. in 2005-06. real estate has emerged as one of the most appealing investment areas for domestic as well as foreign investors. while total FDIs in India were estimated at US$ 5. Edaw Ltd. and Keppel Land from Singapore. India received total FDI inflow of US$ 2..1.5%.75 billion of which. India of today can be acknowledged as the one of the fastest growing economy in the world and in this current economic status. It has also encouraged several large financial firms and private equity funds to launch exclusive funds targeting the Indian real estate sector. Some of the foreign players who have already tied up with Indian real estate developers are: • • • • • Lee Kim Tah Holdings. The Government of India in March 2005 amended existing norms to allow 100 per cent FDI in the construction business.
Japan Have invested US$2.• Emaar Group from Dubai. And rest on investment are from different continent. • IJM. • • • • • • USA Have invested US$2. . Singapore Have invested US$5.22 billion.62 billion. • Dubai Have invested US$9.02 billion. Today if see percentage of investment of FDI as country wise are. Malaysia have invested US$3. from Malaysia etc.75billion. Ho Hup Construction Co.55billion..62 billion. Indonesia Have invested US$5.
4. . • Investor may be permitted to exit earlier with prior Government approval.Policy: Key regulations for FDI in real estate in India Guidelines for FDI In Real Estate in India Conditions for Investment • Minimum capitalization of US$ 10 million for wholly owned subsidiaries & US$ five million for joint ventures with Indian partners • Infusion of funds within six months of commencement of business • Original investment cannot be repatriated before a period of three years from completion of minimum capitalization.2.
Miscellaneous Conditions • Investor not permitted to sell undeveloped plots • Project to conform to norms and standards laid down by respective State authorities • Investor responsible for obtaining all necessary approvals as prescribed under applicable rules/ by-Iaws/regulations of the State • Concerned Authority to monitor compliance of above conditions by developer. .
35 billion in FY2012 and. US$ 7.5 billion in the first five months of FY2008.7 billion from Dubai-based developers. • US$ projects • Majority of the direct investment is from West Asia with overall commitment of US$ 9.3Experience of FDI. Key Highlights • Several global investors and developers keen on investing in India.7 billion 16.4. • Further. investors from US keen interest with launch of several real estate Funds. • FDI inflows estimated to be US$ 33.3 billion FDI committed for real estate and Europe have shown . • Majority of the direct investment is from West Asia with overall commitment of US$ 9. • FDI in the sector touch US$ 27 billion in 2010.
3. 5.Investment &finance.Marketing.from Dubai based developers • Further.Funds Generation. 5. .Management process in Real estate relates to its Functioning.1.2. investor from USA and Europe have shown keen interest with the launch of several RE funds 5. 5.
Investment as per investors. 5. 5.a.5.Investment as per Realtors/Developers.d. 5. 5.1.c.Define& Types.EgCalculations of investment returs.Investments & Finance.b.184.108.40.206. .
a. It is common for investors to own multiple pieces of real estate. one of which serves as a primary residence. Investment in Commercial properties. Investment in Industrial properties. And in this project I am focusing on Commercial and residential.5. . while the others are used to generate rental income and profits through price appreciation. Types: Investment in Residential properties. The tax implications for investment real estate are often different than those for residential real estate. Investment In Retails.1.Define: Real estate that generates income or is otherwise intended for investment purposes rather than as a primary residence.
structure of property after investing in land what kind of structure should be done.An work which they have to conclude their it should be as per regulation of government Act which was passed. Indiabulls Finance institution has also taken development projects of Panvel and near by Mumbai area.5. But some of finance institution. Big MNC look after for investment in under developed area. Because investment in real estate is not direct profit earning in this comparative study have to be done. . Tata & sons taken development projects of Panvel and near by Mumbai area.In this most of government intervention is their.Investment in real estate as per realtors/ developers Investment in real estate as per realtors/ developers is their business. or Direct purchasing of property for development of their projects. here we have examples of.b.Most of realtors are investing[purchasing] open land. In today scenario each every developers are focusing on cities area to raise their projects.1. Before Investments they look after the type for development should Under take. undertakes redevelopment projects. And they invest in this after scrutiny of property in which they are investing . to earn profit. relates to property. and how much extras investment is required to set up structures.
They do investment of money to convert it into a kind of capital. and other retail storefronts. In each and every process for structuring . the landlord also receives a percentage of sales generated by the tenant store in addition to a base rent to incentivize them to keep the property in top-notch condition. Investors are person those who invest in property to generate their income. Such as: Residential real estate investments are properties such as houses. and vacation houses where a person or family pays you to live in the property. For Architecture. car washes and other special purpose real estate that generates sales from customers who temporarily use the facility. If we see investment in real estate in year 2007-2011 Increase by 30 times more. such as adding coin-operated vacuum cleaners at a car wash. strip malls. Labours.1.And even developers have experts peoples to attain their work. who would pay you rent to use the property. As if we compare the investment in commercial property with residential property is more in year 2008. you could lease them out to companies and small business owners. After completion of project or at time of contrition of project developers are sold it to peoples who required for investment or for peoples those who look for self stay. Its not like that to generate profit. If you were to take some of your savings and construct a small building with individual offices. In some cases.Now this days in each and every field experts are their. They also do comparative study for investment in real estate type.Investment as per investors. apartment buildings. Its not their business but its kind of income generating process for them. But for appointing those people investment is also required. or lease agreement. Industrial real estate investments consist of storage units.c. material etc. developers required finance for investment such. to increase the return on investment for the owner. This all investment is indirect as compare to local investing peoples. 5. Commercial real estate investments consist mostly of office buildings. townhouses. The length of their stay is based upon the rental agreement. Retail real estate investments consist of shopping malls. . Due to availability of fundings and finance. Industrial real estate investments often have significant "fee" and "service" revenue streams.
A investors look that after all expenses he should at least recover 8. maintain of property. Such as taxes. . Before investing in any property investor look after all the out going expenses.5% each year. 5. returns from investment.But if we compare today market in investment side investment in residential is High but not more just 10 times. If the investment is done by taking loans but they have to look after the EMI also. at what time we will recover our investment .2..Funds Generating.
Banks provide funds for development of land to developers.5. E. Percentage is fixed but amount is not fixed as on base amount .In this there is profit for both venture . If the project is of 25 storey residential project with an all amenity. But rate of interest is matters as per development and current rate of that land on which the bank has given the loan.Relates to investors or peoples. • On going project of Runwal builders in central Mumbai. In which they have joint venture with HDFC ERGO. Bearer of land is Developer and investment for development is funded by Banks as partner. Eg. • • Banks. As market is always raising than amount generation for bank is also increasing. Financial institution.2. If the bank has given loan Rs200cr to developer as loan or funds for that project development. For interest rate Bank will look after the whole design structure of investment and returns from that project. As it has mention above.2. • • • Banks Financial institution Other Source With some of examples.a.2. And Amount of interest is not fixed on base amount amount . 5. 5. Some of time many of bank come with joint venture in real estate as ratio of 60:40.And developers is going to sell it on Rs5cr for per floor than bank will going to charge 4% on it.g.Relates to developers.a. Than bank charge that 4% rate on Rs 6cr if developers is selling it on Rs 6cr. . Banks.b.Relates to developers.
But rate of interest is not as like bank is charging. If the has Financial Institution given loan Rs200cr to developer as loan or funds for that project development. DHFL PVT LTD. Basically Financial institution charge 6-8% of interest it depends on amount ask for loan. E. • • • SBI[State Bank of INDIA] HDFC[Housing Development Finance Corporation] AXIS Bank etc. Financial Institution. Some of Giants Financial institution OF INDIA are: • • INDIA BULLS FINANCIAL INSTITUTION PVT LMTD.Name of Such banks those who provide loans are.[DEWAN HOUSING AND FINANCE LOAN]. Its fixed as like home loan. Than they charge interest on that base amount only as which they had provided to developers. . Financial Institution provide funds for development of land to developers as like Banks.g.
Other source Many of Developers have other source for funding there project which creates tax benefits for them. Schools learning centre etc. Multiplex. 1.K Raheja group of companies. Eg. . of some of giants players in Indian real estate. Hospitality. Developers are not only based in real estate sectors as their business they many other business as like Hotels.
The Carlton at kodaikanal in Tamil Nadu. Schools. Cinemax Theatre in Mumbai [Ghatkopar. 2.Basically K Raheja is from real estate sector in India But now they have many others business to provide a fundings at their real estate projects as like hotels and hospitality. Ramada Plaza at Juhu in Mumbai. Kanakia is from real estate sector in India But now they have many others business to provide a fundings at their real estate projects as like Multiplex and hospitality. .Kanakia Construction PVT LTD.Andheri] also in Gujrat. named as: • • RBK International School at Delhi.named as: • • • • Ramada Hotels at Powai Mumbai. The Retreat hotels & convention centre at MADH in Mumbai.
named as: • Kalpataru institute of technology in Tiptur at Karnataka. Kalpataru is from real estate sector in India But now they have many others business to provide a fundings at their real estate projects as hospitality and Schools. The Oberoi hotels.• Courtyarrd Marriott 5 star hotel at Andheri east Mumbai also in Goa. Ahmedabad. Kolkata. Hotels are named as: • • • • The Oberoi Grand. Lombok in Indonesia.Oberoi Realty PVT LTD. 4. Shimla in the Himalayas. Wildflower Hall. Oberoi group are basically from Hotels and hospitality but now they entered in real estate sector also and they generate funds from their hotels and many other business for real estate. 3.Kalpataru Construction PVT LTD. Lucknow. Meena house oberoi at cairo in EGYPT. .
5. Joint venture Hilton and Hyatt for hotels at Chennai.2. named as: • • RODAS ECOTEL at Powai in Mumbai. AXIS Bank. Before providing loan bank look after earning capacity of person. Some of Banks those who provide loans or mortgage. ] . securities etc. PMC Bank[Punjab Maharashtra Co-operative.Relates to investors Banks: Banks provide loan to investor for purchasing a real estate property on behalf of mortgage. ICICI Bank. is He/She is capable to repay the amount or not . SBI Bank. This tie ups are advantage for both developers and Banks.b.Today many of banks have tie up with the developers or builders for providing loans to investors. BANK OF BARODA. HDFC Bank. Hiranandani is from real estate sector in India But now they have many others business to provide a fundings at their real estate projects as hospitality and Schools.5.Hiranandani Construction PVT LTD.
• • INDIA BULLS FINANCIAL INSTITUTION PVT LMTD. DHFL PVT LTD.[DEWAN HOUSING AND FINANCE LOAN]. Its as same like banks who provide loan or mortgage to people/ investors.Financial Institution: developers/ builders. . It also have tie-ups with Some of Institution those who provide loans or mortgage.
4.Outdoor advertising.b.Magazines & News paper 4. 220.127.116.11.3.c.3.d.Electronic Advertising 4.Marketing in real estate In real estate Marketing are done by 5 methods.a. .3. International Marketing ..
Advertising in newspapers and magazines can be hugely expensive but isn't always justified by the results. Look through that same newspaper and think about how many adverts are actually noticed. Anyone could be forgiven for thinking that newspaper or magazine advertising is a sure-fire way of achieving enquiries and sales. Magazines and newspaper advertising is Common type of advertising for each and every Business. This article shows you how to get the most out of the media. Accommodation times. Basically advertisement are done on specific day Such as Friday to Sunday.3. Of those noticed.Magazines And Newspaper Advertising.a. how many are read and subsequently acted upon? Very little. It’s tempting to think. and they’ll come’. . Because people are quite free from there work and they will look after this.5. A quick glance though any publication shows the massive volume of advertisers. Unfortunately the reality is very different. Hindustan times. Newspaper uses for Advertising are: Times of India. ‘place an advert.
whereas they often resent advertising in other media. Occasional special publications reach even more like-minded readers. Add color to make your ad pop off the page. The medium offers a variety of ad sizes to fit your budget ad goals. Flexibility & timeliness • • • • • Newspapers offer enormous flexibility in content. We’ll even build your ad for free. You can use blockbuster spreads to command attention. Short lead times make it possible to change your messages quickly to respond to real-world events and opportunities. newspapers are a “rapid response” medium – you can refine your message or change your whole campaign in just two days. Regular weekly sections offer opportunities to target like-minded readers in an environment that supports your message. Impact and effectiveness • • • • • • • Newspaper advertising has proven its effectiveness over time. well-designed newspaper ads engage your customers on many levels – emotional and intellectual.Advantages for real estate. Because newspaper advertising is so affordable. . Readers look for and forward to ads in newspapers. placement and frequency. it is an ideal medium to build “top of mind” awareness with frequency campaigns. With newspaper advertising. Plus. Newspaper ads have the ability to communicate lengthy. including L-shapes and wraparounds. Newspaper campaigns can be tailored to any budget. Newspaper campaigns require no out-of-pocket costs for creative materials. Combining text and visuals. from a onecolumn-inch ad to two full-page ads side by side called a doubletruck. you can easily schedule a campaign around your key selling cycle. Ads can be almost any size and shape. Newspaper ad design is versatile. Readers rely on newspapers for shopping information more than other media. design. direct mail and radio advertising. complex or detailed information and descriptions. Affordability • • • • Newspaper advertising costs less per thousand readers than TV.
that enables a firm or individual to conduct business over an electronic network. For e commerce advertising Real estate company appoint a E commerce company such as: Magicbricks: This company rates Indias no property site. or segment of a larger business model. showcasing the Indian real-estate market.India coverage of over 800. MagicBricks. MagicBricks. MagicBricks.Electronic Advertising or E-commerce.com currently records over 10 million page-views per month. as a platform to bring together property seekers and sellers in the real estate industry. Within three months of its launch. Meaning: A type of business model. Email Alerts.b. typically the internet.com provides a common platform for all users.1 property portal in India.• Newspaper advertising is more trusted than many other forms of advertising. . MagicBricks.com in August '06.com offers a pan . 5. and comes packed with a host of tools.3. never witnessed before by Real-Estate Industry including Location Map Service. Magicbricks is part of Times Group Profile Times Business Solutions launched MagicBricks. business to consumer. consumer to consumer and consumer to business. Rent Zone. etc.000 listings. and provides a space for property buyers & sellers to locate properties of interest and source information about all property related issues in a transparent and unambiguous process. With its revolutionary next-gen services customized specifically to address the real estate industry it has consolidated its position as the leader in the sector. Virtual Walkthroughs. Exclusive developer Micro-Sites. Electronic commerce operates in all four of the major market segments: business to business.com achieved the status of being the No.
Makaan. 99acres. sellers and brokers can exchange information.: This company rates 2nd level in Real estate advertising.com. including over 65. it is evident MagicBricks.000 builders having their presence on the site.com's Research and Analysis wing that constantly monitors the property and real-estate market in the country. . Profile of company : 99acres. effectively and inexpensively. India property: This company is part of consim India Pvt ltd.With such offerings. Its part of Info edge [P] ltd. providing insights. official forms. legal & taxation expertise and realty rates to MagicBricks.com users. buyers. It is a forum where Developers.Brix Research is MagicBricks. impact assessment reports.com retains its leadership position with over 6 lakh registered users.000 real estate agents and more than 13.com is an internet portal dedicated to meet every aspect of the consumer’s needs in the real estate industry. quickly.com : Its kind of real estarte consultant but they also advertise the real estate projects.
there is no theoretical geographic limitations. booking. Our quality services include the assistance in identifying the customer needs. Additionally. as well as easy to find products. Our main goal is to understand and recognize the needs of our clients and fulfill their requirements at our best level. site visit. Customers can easily select products from different providers without moving around physically. assistance in bank finance etc. Easy to start and manage a business. home-loan and after-sales service. No need of physical company set-ups. a tenant or a landlord. More reach to customers. We are providing anything and everything to do with real estate under one roof. Buying/selling 24/7. arranging a buyer or seller. independent and professional real estates consultants that's why we spend time with our clients to understand their needs. Our aim is to be the most service oriented. offering a suitable product. door-2-door payment collection and delivery. documentation. Competent consultants is India's online brokerage for Real Estate. document delivery. etc. documentation. we provide regular customer service by ensuring payment reminders. We provide services to customers starting from property selection. negotiations & finalizing deals. Low operational costs and better quality of services. • • • • • • • Faster buying/selling procedure. . Advantages Of E-commerce.Profile.
communication styles.c. International advertising can. International advertising is also a business activity involving advertisers and the advertising agencies that create ads and buy media in different countries. be viewed as a communication process that takes place in multiple cultures that differ in terms of values. Real estate company also do Marketing at international level by appointing international marketing company such as: • • • Knight Frank. In other cases. How the advertising function is organized also varies. Define: International advertising entails dissemination of a commercial message to target audiences in more than one country. RICS international Marketing. multinational firms centralize advertising decisions and budgets and use the same or a limited number of agencies worldwide. Remax Internatioinal .5. and propagates certain values worldwide. respond to humor or emotional appeals. The sum total of these activities constitutes a worldwide industry that is growing in importance.3. International advertising is also a major force that both reflects social values. Lets have some overview of this marketing company one by one. . as well as in levels of literacy and languages spoken. In some cases. Target audiences differ from country to country in terms of how they perceive or interpret symbols or stimuli. and consumption patterns. resulting in greater use of local advertising agencies.International advertising. budgets are decentralized and placed in the hands of local subsidiaries. therefore.
Knight Frank was formed in 1896 and transferred to a Limited Liability Partnership in 2003. Knight Frank represent the highest standards of quality and integrity in global property transactional, management and advisory services. Our reputation for uncompromising professionalism in everything we do is earned day in and day out serving our clients and earning their trust. Knight Frank & Rutley was founded in 1896 as a valuations, surveying and auctions business. Its first sale was held on 23 April at Conduit Street in London. Since then, Knight Frank has grown to become the world’s largest privately owned global property agency and consultancy. Today it is widely regarded throughout the world as the firm of choice for high quality commercial and residential property. In the 1960s the firm expanded into Europe, and in the decades that followed, acquired offices in Asia-Pacific and Middle East, Australia, Africa and the Caribbean. Its global network, including US based Newmark Knight Frank, encompasses 207 offices in 43 countries across six continents. It is Operating as a Limited Liability Partnership, the firm’s 59 Proprietary Partners are free to run the business in such a way that has led to sustained success and a corporate culture that helps it recruit and retain the best people who are the essence of the firm.
RICS Asia[The mark of property professionalism]
RICS (Royal Institution of Chartered Surveyors) is the mark of property professionalism worldwide. It covers all aspects of property, construction and associated environmental issues. RICS has 140,000 members globally and represents, regulates and promotes the work of property professionals throughout 146 countries.
RICS membership offers a wealth of opportunities to network, develop business opportunities and make contact with like-minded professionals – both in your own country and around the globe. It's your opportunity to join other property professionals who are involved in shaping our world.
Jones Lang Laselle:
Jones Lang LaSalle is a financial and professional services firm specializing in real estate service The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than USD 2.9 billion, Jones Lang LaSalle serves clients in 70 countries from more than 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with USD 45.3 billion of assets under management.
Jones Lang LaSalle has over 50 years of experience in Asia Pacific, with over 19,700 employees operating in 78 offices in 13 countries across the region. The firm was named the Best Property Consultancy in Asia Pacific at 'The Asia Pacific Property Awards 2011 in association with Bloomberg Television'.
Remax is operating in 73 countries across world consisting of 105 regions. That's how we are able to offer unique levels of
customer service and provide access to real estate resources not available anywhere else. RE/MAX - real estate brokers and marketers in India, provides platform for both local real estate brokers and commercial real estate brokers along with list of Developers.
Strenght: • Staff • Customer • Market position • Financial Resource • Sales Channels • Product and services. • Profitable • Growing Weakness: • Competitive vulnerability • Lack of New Product Due to Financial crisis. • Sales Channels • Unfixed Profit margin. • Special Qualifieds sales people.
• New technology. • Possibility of extending business quickly. . • Competitive realty is very quickly gaining strength of competitor. • Strategic Alliance. • More Advertising/ marketing can be done.Opportunity: • New Complimentary market. • Cash Flow. • Lose of Key staff. • Decreasing profit. Threat: • Economy. • Merger and Acquisition • Competition weakness of competitor due to Absentism of market.
Awards in Real estate 6.6.Award winners By category. 6.1b. 6.1International property Award. .2. 6.1a.CNBC Awards.Asia Pacific Awards.
Interior Design • • • • • • Leisure Interior Mixed-use Interior Office Interior Public Service Interior Residential Interior Retail Interior C. Categories: A.6.International Property Award: Its Award Given to developer for developing projects which are eligible for this. Architecture • • • • • • • • • • Golf Course Architecture High-Rise Architecture Landscape Architecture Leisure Architecture Mixed-use Architecture Architecture Multiple Residence Office Architecture Public Service Architecture Retail Architecture Architecture Single Residence. Real Estate • Real Estate Agency . D.1a/b.Development: Apartment Commercial High-Rise Development Commercial Redevelopment/Renovation Golf Development Industrial Development Leisure Development Development Marketing Mixed-use Development Residential Development (Multiple Units) Office Development Property (Single Unit) Public Services Development Residential High-rise Development Residential Redevelopment/Renovation Retail Development Retirement Development Developer Website B.
Hiranandani Developers .• • • • • • Real Estate Agency Marketing Real Estate Agency Website Property Consultancy Property Consultancy Marketing Property Consultancy Website Lettings Agency. Co-Founder & Managing Director.2 Award Winner of 2012 By category Lifetime Achievement Award for Outstanding Contribution to Real Estate sector • Niranjan L Hiranandani. 6.
• Sushil Mantri. Kruti Jain. Managing Director . Head Marketing. Niranjan T. Alpha G:Corp Development Pvt. Ltd. Ltd. Real Estate Most Enterprising CEO of the Year • • • Brotin Banerjee. Vice Chairman-Sobha Developers Ltd. Mantri Developers Pvt.Residential • Mantri Pinnacle. Chief Executive Officer-Usha Breco Realty S. Marketer of the Year • • Snehal Mantri. Sales & CRM. Director and Chief Executive Officer. Young Achievers' Award • • • Neville M. Uday Dharmadhikari. Director. K Sayal. Kalpataru Ltd. International Property Consultant of the Year-Commercial o Jones Lang LaSalle Property Consultants India Pvt. Ltd. Vaswani Group Emerging Developer of the Year-Residential • Usha Breco Realty Environment Friendly Project of the Year . Mantri Espana. Luxury Project of the Year • • Kalpataru Pinnacle. Retail • Propcare Mall Management (I) Pvt. Chairman and Managing Director-Mantri Developers Pvt. Ltd. 2. (Mantri Square) . International Property Consultant of the Year . Mantri Developers Pvt.Residential o Jones Lang LaSalle Property Consultants India Pvt. Director Marketing-Mantri Developers Pvt. Developer of the Year Residential • Tata Housing Development Company Ltd. Chief Executive Officer and Managing Director-Tata Housing Development Company Ltd. Vaswani. Ltd. Ltd. Kumar Urban Developers Ltd. Property Consultant of the Year 1.Vaswani Group Ravi Menon. Ltd. Ltd.
. .(Forum Projects Pvt.Kalpataru Limited Retail Property of the Year • City Corporation Limited Most Admired Upcoming Project of the Year • Atmosphere .) Commercial Property of the Year • The Capital (The Wadhwa Group) Popular Choice Award Most Admired Loyalty Program in the Real Estate Sector • Lodha Developers Ltd. Ltd. Most Admired Real Estate website of the Year • 99 acres.com. Property Awards Residential Property of the Year • Kalpataru Aura .
Some of Best ever construction By our Developers of Mumbai. .7.
[Classifieds Of Real estate] Book[Infrastructure India] Real estate Guidance News[Accommodation Times.] .Research Methodology • • • • • Guidance from Senior Transaction Manager[Oasis Real estate] Magazines[Real estate India By Dr Sanjay Chaturvedi] News paper.