A

PROJECT REPORT
ON
‘HUMAN RESOURCES POLICIES IN REAL ESTATE INDUSTRY’
Done in Partial fulfillment of Bachelor of Business Administration 2017-2020
Under the esteem guidance of
Ms. FLORENCE PASULA
BY

MD.FARAHA TABASSUM
(HT.NO. 108117684046)

OSMANIA UNIVERSITY
DEPARTMENT OF MANAGEMENT

DAVID MEMORIAL DEGREE & PG COLLEGE

#No.12-13-1275, Jehovah Jireh, Lalapet Road, Tarnaka, Hyderabad, Telangana-17

INTERNAL GUIDE EXTERNAL GUIDE

 A
PROJECT REPORT
ON
‘HUMAN RESOURCES POLICIES IN REAL ESTATE INDUSTRY’
Done in Partial fulfillment of Bachelor of Business Administration 2017-2020
Under the esteem guidance of
Ms. FLORENCE PASULA
BY

MD.FARAHA TABASSUM
(HT.NO. 108117684046)

DEPARTMENT OF MANAGEMENT
DAVID MEMORIAL DEGREE & PG COLLEGE
#No.12-13-1275, Jehovah Jireh, Lalapet Road, Tarnaka, Hyderabad, Telangana-17

INTERNAL GUIDE EXTERNAL GUIDE

 DAVID MEMORIAL DEGREE & P.G. COLLEGE
TARNAKA, SECUNDERABAD

CERTIFICATE

This is to certify that Ms. /Mr. __________________________________ bearing the hall ticket
no. _____________________ has submitted his/her project under guidance of Ms. /Mr.
___________________________ on the subject of ______________________________ in
partial fulfillment of the requirements for the certification Program BBA _________ year for the
academic year ________________.

Signature of Faculty Principal

 PREFACE

Human resource management is concerned with people element in management. Since every
organization is made up of people, acquiring their services, developing their skills/ motivating to
high level of performances and ensuring that they continue to maintain their commitments to the
organization which are essential to achieve organizational objectives.

This project is meant to know the Human Resource Policies in the organization. The HR Policies
are a tool to achieve employee satisfaction and thus highly motivated employees. The main
objective of various HR Policies is to increase efficiency by increasing motivation and thus
fulfill organizational goals and objectives.

The objective is to provide the reader with a framework of the HR Policy Manual and the various
objectives that the different policies aim to achieve. The main focus was on the managerial levels
of employees in ALIENS DEVELOPERS PVT. LTD.
 DECLARATION

I the undersigned solemnly declare that the project report ‘Human Resource Policies in Real
Estate Sector’ is based on my own work carried out during the course of our study under the
supervision of Ms. Florence Pasula (Faculty of Human Resource).

I assert the statements made and conclusions drawn are an outcome of my research work. I
further certify that;

 The work contained in the report is original and has been done by me under the general
supervision of my supervisor.
 The work has not been submitted to any other Institution for any other
degree/diploma/certificate in this university or any other University of India or abroad.
 We have followed the guidelines provided by the university in writing the report.
 Whenever we have used materials (data, theoretical analysis, and text) from other
sources, we have given due credit to them in the text of the report and giving their details
in the references.

MD. FARAHA TABASSUM

(HT NO. 1081-17-684-046)

 ACKNOWLEDGEMENT

This report is an outstanding prospect to convey my gratefulness to those many people whose

timely help and guidance went a long way in finishing this project work from commencement
to achievement.

I express my profound gratitude to my guide Ms. Florence Pasula, Faculty of Human Resource,
for her support and encouragement in completing my project.

I would like to express my sincere thanks to Ms. Sridevi Ravinder, Principal of David
Memorial Degree College, for giving me an opportunity to explore the practical knowledge
practiced by the company.

I am very glad to work with the organization as a trainee. I am grateful to Mr. Avinash
Upadhyay, HR Head of ALIENS DEVELOPERS PVT. LTD. for helping me to get
the information and an invaluable experience.

Last but not the least; I would like to thank all those people who helped me for the completion
and deeper understanding of the concept of performance appraisal.

Working on this project has proved to be an enlightening experience for me.

MD FARAHA TABASSUM
 INDEX

PAGE
S.NO. CHAPTER CHAPTERIZATION
NO.
1 Abstract
I INTRODUCTION TO RESEARCH STUDY 1
2 Introduction 2
3 Objective of the Study 7
4 Need of the Study 8
5 Scope of the Study 9
6 Limitations of the Study 10
II REVIEW OF THE LITERATURE 11
7 Definitions of HR Policies 12
8 Role of HR in Real Estate Company 19
9 Literature Review of HR Policies in Real Estate 20
III RESEARCH METHODOLOGY 22
10 Research Design 23
11 Sources of Study 24
IV INDUSTRY & COMPANY PROFILE 25
12 About Real Estate Industry 26
13 About Aliens Developers Pvt. Ltd. 30
14 V Data Analysis & Interpretation 33
15 VI Findings 54
16 Conclusion 55
17 VII Suggestions 57
18 Recommendations 58
19 BIBLIOGRAPHY 59
20 ANNEXURE 61

ABSTRACT
The topic of the project is ‘Human Resource Policies in Real Estate Sector’. It brings out the
behavioral aspect of the employees working in Aliens Developers Pvt. Ltd. The main objective
of the study is to find the overall performance of the employees.

Aliens Developers Pvt. Ltd. is determined to play a leading role in the development of the Real
Estate sector in the twenty-first century. Over the past few years, it has worked towards building
a strong foundation and establishing a professional corporate identity for our company. Today, in
the field of Real Estate, Aliens Developers Pvt. Ltd. is one of the recognized leader; respected
for its achievements, professional ethics and innovative concepts.

The research design used in this study is descriptive research design. Data from 100 people were
collected as population study. Data was collected by survey method through structured
questionnaire with close ended questions. The primary data was obtained through questionnaire
and secondary data from the company records and through internet.

The Human resources played a vital role for the growth of Aliens Developers Pvt. Ltd. So, I
prepared the internship report of the topic HR Policies in Aliens Developers Pvt. Ltd. Lots of
functions are related in the HR works to determine the employee satisfaction level and turnover
is very much important for the growth of the company. Various departments are related to the
functions of a real estate firm like HR, Admin, Marketing, Sales, Credit Realization, Finance &
Accounts, Procurement etc. For the smooth operation and coordination it is important to
understand all the HR functions of these departments. I tried to highlight all the functions that
normally do the HR functions of a real estate firm and especially give the emphasis of the
employee satisfaction level of the various departments’ employees.