Acknowledgement

In accomplishment of this project successfully, many people have

best owned upon their blessings and the heart pledged support
this time I am utilizing to thank all those who have been
concerned with this project
Primarily I would like to thank god for being able to complete this
project with success.
Expression of feelings by words makes them less significant when
it comes to make statement of gratitude
It gives me pleasure to express my most profound regards and
sense of great indebtedness and sincere gratitude to my
Company Guide Mr.Vinod Agarwal DGM(Finance) in Manglam
Build Developers Ltd. I would also thank to my project guide
Mrs.Pankaj Sharma for her guidance in preparing this report and
make it full proof success. Her suggestions and instructions were
immensely helpful towards the completion of this project.
 Executive Summary

This project report attempts to bring under one cover the entire
hard work and dedication put in by me in the completion of the
project work in Manglam Build-Developers Ltd.
I have expressed my experiences in my own simple way. I hope
who goes through it will find it interesting and worth reading. All
constructive feedback is cordially invited.
A summer internship is an opportunity to test drive a career
without making any serious commitments. It’s your chance to see
what it would be like to work in a particular industry and whether
you are a great fit. And perhaps most importantly a good
internship provides us with experiences, lessons and tool which
we will need to get a full time gig in future
Summer internship also provides the idea of dynamic and versatie
professional world as well as an exposure to the intricacies and
complexities of an organization.
 Certificate of approval

This project titled “Summer internship on finance management

of Manglam Build Developers Ltd.”
Is hereby approved as a credible study of business management
carried out by Udit VijayVergia (BBA/25017/15) a student of
BBA 6th semester. It is a satisfactory manner to warrant its
acceptance as a prerequisite to the degree of BBA for which it
has been submitted.

Internal Examiner External Examiner

 Certifacate of guide

This is to certify that Udit VijayVergia (BBA/25017/15) is a

student of BBA 6th semester had made under my guidance.
This project is his original and bonafide work submitted in partial
fulfillment of requirement for the award of Bachelor of Business
Administration degree of Birla Institute of Technology, Mesra.

Mrs. Pankaj Sharma

(Department of Management)
 Introduction
Firm’s Profile

Firm’s Name - Manglam Build-Developers Ltd.

Registered Address - 6th Floor, Apex Mall, Lal Kothi,

Tonk Road, Jaipur, Rajasthan
302015, INDIA

Corporate Website - www.manglamgroup.com

CIN No - U45201RJ2008PLC026256

Chairman and MD - Mr. Nand Kishore Gupta

Whole-time Director - Ram Babu Agarwal
Vinod Kumar Goyal
Ajay Gupta
Sanjay Gupta
Neha Gupta

Company Secretary - Lakshita Tongia

Chief Financial Officer - CA Mohit Somani

 About Manglam Group

Manglam Group is a name, which stands as a synonym to trust

and reliance. Manglam Group stands for quality construction and
fulfilling commitments to the highest of ethics and standards. The
Manglam Group envisions satisfaction beyond comparison to its
customers and in building relations.
The innovative approach of the Manglam Group has given new
dimensions to the real estate market of Rajasthan. It has brought
to the customer quality and comfort at affordable prices justifying
Manglam as another name for value for money. Th projects
commissioned by Manglam are a symbol of precision,
international quality and perfect amalgamation of functionality and
aesthetic. Each project is an edifice in itself, attribution to modern
architecture symbolizing the fusion of mystic past and grand
future.
Manglam Group strong team with a commitment and vision also
plans to give comprehensive solutions to the people in terms of
commercial spaces, residential apartments, townships,
farmhouses, villas and entertainment theme parks. Manglam has
15 years of experience in real estate and has a presence in 13
cities. They have projects in Jaipur, Udaipur, Bikaner, Goa, Alwar
etc. Manglam has total 67 projects in Rajasthan in which 25 are
residential, 24 in commercial, 15 townships and 3 industrial
zones.
Chairman and MD

Mr. Nand Kishore Gupta also known as N.K. Gupta was born on
1st January 1957 at Rundal Manpura, a small village near Jaipur.
His father late Shri Rood Mal Agarwal ran a small retail shop in
the village and Nand Kishore Gupta was the youngest sibling in a
family of nine brothers and sisters. He did his initial schooling at
village itself. Thereafter he left for Jaipur to pursue higher studies
where he completed his graduation as a Bachelor of Commerce
from the prestigious Agarwal College. Soon after graduation he
got engaged to Mrs.Tara Devi, a religious and homely lady.
He started his career working as a Deputy Manager in Rajasthan
Financial Corporations & Haryana Financial Corporations but his
ambition was much greater. Simultaneously along with his service
he also enrolled for a course in Chartered Accountancy and
became a professionally qualified Chartered Accountant in 1979.
From the very beginning his ultimate goal was of pursuing his own
business. With this in mind Mr. Gupta resigned from Haryana
Financial Corporation and started his own Chartered Accountancy
Practice under the name of NKG & Associates. While running his
business he took up a plethora of assignments related to tax,
surveys, audits and other miscellaneous work.
However as business on a much larger scale was always his final
aim he made an earnest foray in the business of construction in
1995. Subsequently he established numerous companies and
partnership firms keeping in line with the presents trends in real
estate sector of constituting separate entities for different projects.
In times ahead the group popularly came to be known as
Manglam Builders and Developers and later on this flagship
company was renamed as Manglam Build Developers Limited.
In the role of Chairman of this flagship company Mr. Gupta
brought a paradigm shift in the real estate business scenario of
Rajasthan and pioneered various new and innovative projects and
most of them are recognized as Landmarks in today’s real estate
arena of Rajasthan. These include the likes of Apex Mall, Crown
Manglam Plaza, Eden Garden, Ganpati Darshan, Manglam City,
Manglam Vihar, Kanak Vrindavan, Kanak Vatika etc. The group
has also made a strong foray into the amusement park with the
acquisition of Essel Group “Fun Kingdom” in a joint venture with
Dainik Bhasker, India largest media house.
Mr.Gupta has two sons – Mr.Ajay Gupta a highly qualified
professional with a Masters Degree in Chemical Engineering from
IIT Bombay and Mr.Sanjay Gupta a professionally qualified CA .
Apart from playing a leading role as a businessman Mr.N.K.Gupta
is also well recognized as a Social Philanthropic Activist. He has
also served as Secretary of Jaipur Vidhyadhar Nagar Central
Spine Vikas Samiti and as the Executive member of Agarwal
Samaj Samiti. Mr Gupta has a keen fondness for travelling while
at the same time being a voracious reader of management books
and avid music lover.
 Manglam Group Projects

Residential Projects
 Manglam Aananda | 2/3 BHK Flats in Jaipur
 
1. Awarded as the ‘Best Project in Mid-Segment Category’ at
Global Real Estate Brands Awards -2016.
2. A Lively Neighborhood of 1600 families.
3. 450+ families already living.
4. Strategically Located near Airport, Sanganer Railway
Station, International Schools and Hospitals.
5. Over 70% Green Cover with beautifully landscaped gardens.
6. City’s biggest functional club-house spread across 35,000
sqft with amenities such as Swimming Pool, Squash,
Basketball, Tennis Courts, Gymnasium, Spa, Steam, Sauna,
Jacuzzi Salon, 35 Seats Mini Theater, Library, Party Hall,
Lounges etc.

 Casa Amora| 1/2/3 BHK flat in Goa

Manglam Group presents Casa Amora, which is a dream

destination for the one who is looking for affordable 1bhk, 2bhk or
3bhk Flats in Goa. These Goa Flats comes with amenities like
Basketball, Badminton court, modern Gym, Steam Sauna,
Jacuzzi, Massage Parlor, swimming pool and air conditioned gym.
Casa Amora is really an extraordinary affordable flat project in
every sense. The residents will get a feeling of being part of the
beautiful, secured residential neighborhood and the best in its
class. This residential project is located at Kadamba Plateau,
North Goa and its very near to Railway station and Airport.
Commercial Projects
 JTM Mall

Jagatpura to Malviya Nagar, that’s what JTM stands for. JTM Mall
is destined to transform the shopping culture of Jaipur. With its
offering of seamless blend of shopping and entertainment, the
overall experience would be fun filled. JTM Mall is the ultimate
shopping destination for the denizens of Jaipur as it would match
their tastes and aspirations.
Retail Zone and Hypermarkets
All shops in the mall are conveniently located and easily
accessible with good visibility from the atrium. Excellent frond and
back end infrastructure facilities and a willing mix of retail outlets
will provide conducive conditions for shopping.
Food Court
As you will scroll the walk ways of JTM, the aroma from multi
cuisine, gourmet, beverages and wonderful restaurants fill the air.
Dining options here are abound, ranging from fresh fast food to
delightful sit-down dining.
Entertainment Zone with 3 screens Movie Theater
An action packed entertainment zone with lifestyle club, hi-tech
virtual and real games will provide ample fun to all age groups.
The large central atrium will also provides a platform for hosting
cultural events, brand promotions, product launches, movie
screening, live shows etc.

 JEM – Jaipur Electronic Market

Manglam group understands the need and they have gifted JEM

– Jaipur Electronic Market, the only place where one can find all
electronic gadgets and goods under one roof. Now, if you want to
buy anything like TVs, Refrigerators, Washing Machines, Mobiles,
Cameras, computer hardware and software etc without wasting
your precious time, visit Jaipur Electronic Market where not only
you will find it all but with a totally different experience.

Townships
 Manglam MapleWoods| Farmhouses on Delhi road

Manglam Group is here with exciting luxury Farmhouse schemes

in its project Maplewoods on the prime location of NH8 Jaipur-
Delhi Highway The whole Maplewood consists of two sizes of
farmhouses 1500 sq.yard (2 bhk Unit) & 3000 sq.yard (3 BHK
unit) & a grand Club house. The neighbouring area of the
residential project offers scenic beauty and enthralling charm of
the Aravelli hills and Green farm land there are plenty of other
fantastic features embraced in the Maplewood clubhouse which
include Swimming pool/ Kids pool, SPA & Jacuzzi, Landscaped
garden, Well-equipped gymnasium, Kids activity area, Club
house, Power backup, Indoor games like Table Tennis, Pool
Table and CCTV secured campus.

 Manglam Greens Bikaner

The majestic Manglam Greens Bikaner is extended in an area of

143 bigha of space having 893 villas in one block. Each area is
138.88 sq yard long. It offers a way of life away from polluted,
noisy and crowded city environs but not too far away from it. The
township boasts of spacious villas, independent plots and group
housing, terrific amenities with eagle eyed security surveillance
and CCTV monitoring.

Industrial Park project

  Manglam Industrial Park

Manglam Industrial Park on National Highway No 8 at Manglam

Industrial Park. A prime Location of 125 Acre Industrial Park with
direct connectivity with industrial areas like Neemrana, Bhiwadi
and the national capital, Delhi. It is a possession ready project
with 338 to 1000 sq yards with 40, 60 and 800 ft wide roads and
equipped with all basic facilities like water abundance, street and
road lights, damar roads etc. 5-7 industries are already
functioning in this park.

 Kanakpura Industrial Area

Adjacent to Kanakpura Railway Station which is being developed

as alternate of the mail railway station for the Ajmer Line and also
as container depot, lies 53 Industrial Plots sizing 650 sq. yards to
2100 sq. yards. These plots are loanable by leading banks and all
internal developments i.e. roads, electric sub-station, electric
lines, water supply, plantation are to be done my Manglam as per
RIICO norms. RIICO disposal land rules 1979 would be
applicable on these plots. These plots are suitable for Non
polluting industries like furniture, Aluminium Fabrication,
Garments, Jewellery, Medicine, Healthcare, Food Processing, IT
and electronics etc. Facilities like adequate power supply from
JVVNL, adequate water supply, 60 and 100 ft wide roads and
excellent infrastructure makes this industrial area, the most
suitable for your business’ needs.
The distance from the main railway station is 11 km only. This
industrial area is located 100 meters away from 200 ft wide road.
It is only 3 kms away from Vaishali Nagar/Chitrakoot Area which
is the fastest developing area in West Jaipur.
Mission
Manglam Group is to deliver nothing short of excellence in all
vertical across real estate ownership and to extend our reach to
anyone who needs a house to live in or a space to perform at a
fair and competitive rates thus providing value for money and
profitable end-user experience

Vision

Manglam strives to become the most successful and respected

real estate company in the country by earning the customer
loyalty and trust through continuous and quality driven growth
based on the sound principles of integrity, business ethics,
product innovation and contribution of committed work force, thus
enabling human life to be easier, building better living and by
community development.

Values

Manglam’s existence and business rests on its commitment to

product innovation, excellence, customer satisfaction delight and
conducting its business with higher standards of ethics,
transparency, adherence to the law and doing what is right.

Manglam CSR Programmes

 21 lacs rupess contributed by Manglam Group towards
Mukhyamantri Jal Swavlamban Yojana
 Food distribution event was organized by Manglam among
the people as a cause of public welfare and charity. Food
distribution program is organised keeping in mind the vision
of “No person should die because of hunger”
 Quilts were distributed by the Manglam Group for the
socially weak section of the society. The quilts were
distributed in the winter season to save themselves from
cold.
 Manglam is running a school to educate the economically
weaker section children. Many students are availing the
benefit of education that will help them in growing their
career path.
 Free health check up facility was provided to the
underprivileged and deprived people. In this health check up
blood pressure, weight, eye-sight vision were checked.

Rationale of the study

Education is not just limited to books and classrooms. In today’s
world, Education is the tool to understand the real world and
apply knowledge for the betterment of the society as well as
business. The internship report is designed to bridge the
relations between the theoretical knowledge and the real life
experience. Internship Program brings a student closer to the
real life situation and thereby helps to launch a career with
some experience.
Internship program is the systematic gathering, recording and
analyzing of data about the subject that a student goes to learn
on the program.
In fact academic education becomes rich when acquired
knowledge is applied to practical situation. Proper application
of knowledge to theoretical field implies to get extra benefit
while understanding the matter related to subject.
Summer internship is essential for management students as it
gives the insight regarding the roles and responsibilities to be
performed by managers in real market dynamic environment.

Objective of the study

 Objective of undertaking report is to relate and apply
theories in practical world which is dynamic and uncertain.
 To analyze various strategic initiatives taken by real estate
firms to combat the dynamic times and sustain their
businesses through future turbulent times.
 To know the market share of Manglam Group and compare
it with the competitors in the real estate sector in Rajasthan.
 To know the functioning of finance department in real estate
firm.

Scope of the study

The scope of this study is to identify the service quality of
Manglam Group. This study is based on primary data. This study
focuses on the company of real estate leading in Rajasthan
market share and shows the customer satisfaction of Manglam
Group. In the days of intense competition, superior service of
firms product and maximum customer satisfaction is the only
tool to attract, retain and partner with the customers and to clinch
customers from competitors and increase market share in real
estate industry.
This study also covers the scope of finance management in real
estate company covering the topics ranging from sources of funds
required for construction, main bank partners lending to Manglam
group, interest charged by the banks etc.
Scope of summer internship project is vast and ever-growing as it
details the duties and responsibilities to be performed by the
intern in the organization and skills and training acquired by the
intern during summer internship.
This study  called internshi p program  mainly job oriente
d experiences which are generated  by interviewing
with targeted customers. The duration of the study was two
months. This is an individual study, which is worked for
this particular study under my internship program
supervisor. Since this is a formal study, the scope of the
study was not so detail. I just tried to give an over all
scenarios of the Real Estate Market and Opportunities
as well as an actual market image of the firm.

Research Methadology
Research Methodology is the process or purpose of collecting of
data and information which are required in connecting with finding
tools for best possible situation of problems.
For data collection I have used primary data with the help of
questionnaire filled by customers. Type of sample item was
customer, for customers the sample size was 30. Customers of
this survey were generally businessmen, banker, doctor,
engineer, private company’s manager etc.
Research design was exploratory research due to short time and
lack of knowledge of research focus. The main purpose of the
survey is to define the actual market of Manglam Build-
Developers Ltd by comparing different company’s market image.
So exploratory research is the most effective for completing this
survey.
So, data gather ed for specific
purpose  or a specific reason.  Here, the normal
procedure is interviewing some people individually to get a
sense of hope people feel and think about the topic in question.

Limitations of the study

It couldn’t be claimed that this study was 100% based on
impractical data. Undoubtedly it has got some limitation regarding
the representation of the factors which are collected from
customers and people of the company. At the data collection for
the study, I have been facing following problems.

 Time Limitation

Time limitation is one of the major problem to diagnose the

problem. Like the other study it has time limitation to identify
the actual problem and provide some recommendations.

 To keep information confidence

During the period of data collection it has been observed that

the tendency of customers has been to keep information
confidential.

 Sample Size

Though sample size was fixed, with this sample size it is

very difficult to get good result.

 Lack of interest

Lack of interest has been observed at the time data

collection in answering the questionnaire.

Literature Review
 The real estate market in India has become so huge that to
get everything or anything specific within one roof is easy
and difficult at the same time. With the kind of commercial
and residential property available –on rent/lease/ ownership
one has to refer to portals or good companies dealing in
various listings. Generally typical real estate listing would
necessarily include the following heads. Within this are
included partnership, brokerage, requiring agents, and direct
deals with builders. The property rates of each area are
usually determined every two three years unless in a
particular area shoots up due to construction or upcoming
prestigious piece of  property (i.e. a five star hotel, IT
corporate park, shopping mall or multiplex). In such areas
the rents and buying properties do increase because of job
opportunities and close residential facilities.

Property Valuation

 Many old properties may not be in very good condition. But they
still are valuable. Why? Mostly because they can be refurbished
or rebuilt entirely. This is why they usually fetch a good price. But
one cannot depend only on brokers or agents or property owners
to evaluate the land. Sometimes the owner is greedy and expects
a bigger price, sometimes an agent in between quotes a higher
price so that it benefits him, sometimes the buyer may be just rich
and may not have rival bidders or competitors so quotes a fancy
price according to his choice. But now the industry has attained a
level of professionalism and valuers who have correct knowledge
and are impartial are used to assess the property. Even if it has to
be handed over from one brother to another the valuer needs to
correctly assess the worth of the property. Usually a lawyer does
the valuation so that a stamp of legality can be given to the
property and no disputes rise thereafter. A known property valuer
will charge a good amount to the job.
Home Loans

 Sometimes one falls short of a required amount or needs nearly

75% of the loan to buy a house or an office premise. Generally
people apply for home loans. There are many financial
institutions, banks, private persons, and organizations, which lend
money to fulfill dreams. It is easy to obtain a loan if all paperwork
is complete. Today in India private bank HDFC and ICICI Bank
and State Bank of India are the largest lenders to their customers
all over the country. They are also giving loans to NRIs to invest
in property in India.

NRI Real estate Services

Right from choosing the property, availing loans, evaluating, filling

forms online, property management etc. all services can be used.
Real estate listings have the entire database for the same. Some
real estate listings are also likely to include details and contacts of
leading architects, builders, news on upcoming projects,
engineers, building materials and news and articles which are
likely to affect buying and selling decisions. A regular monitor or a
property watch is kept for any changes of rates in any zones.
Some also feature overseas properties and help in
getting information to get there. A real estate listing becomes
popular with every new additional thing that will eventually help
the client.

Conclusion
After studying all the factors of the real estate it can be
concluded t h a t t h e R e a l E s t a t e i s a v e r y w i d e
concept and it is highly affected by the macro-
economic factors like GDP, FDI, per capital income, Interest rates
and employment in the nation. The most important factor
in the case of Real Estate is location which affects the
value and returns from the Real-Estate. India needs a
stronger capital market base for  property financing.
It was a wonderful learning experience for me while working for
on this project. The Indian Real Estate sector continues its steady
progress from year. Real Estate sector face hardship at time of
demonetization that every real estate firm was affected from it
badly as investment in real estate is not a small scale or everyday
thing and due to demonetization cash crunch was initially felt
which declined the real estate growth but as economy passed
through things came to normal and Manglam Group properties
again earned huge revenue in property dealings in Rajasthan.
In review this internship has been an excellent and rewarding
experience. I have been able to meet and network with so many
people that I am sure will be able to help me with opportunities in
the future.

Recommendations
Company should provide information according to people’s need
and necessity. And for that they can open daily polling on their
web portal.

Company should not always try to attract the new customers only,
but should also take feedbacks from existing once, and try to
remove their problems and learn from their experience.
Company should make more contact with contractors and
Architects to tap more customers.

Customers should check all the legal and technical documents

and not only the marketing details of the builders/project, before
buying or searching house.
Customers should go through all the terms and conditions of the
project developed.
Customer should be aware of the government’s policy related to
‘Real Estate’ such as net act related to real estate “RERA Act” to
safeguard themselves from any unfair practice in absence
knowledge about rules and regulations of “RERA Act”.

Annexure
Name - __________ Age - _____ Mobile.no - __________

Q1. To know whether you are an existing client or new client of

Manglam Build Developers Ltd.
 New client
 Existing client

Q2. Do you purchase property on loan?

 Yes
 No

Q3. What are your main reasons for buying a home in Manglam?
 Affordable price
 Favorable financing
 For investment
 Better location

Q4. How did you find the Manglam property which you
purchased?
 Real estate agent
 Website
 Newspaper
 Hoardings
 TV commercial
Q5. Does Manglam Build Developers Ltd. respond to your
complaints/grievances immediately?
 Yes
 No

Q6. Does Manglam Group helps you in availing finance for

purchasing flat?
 Yes
 No

Analysis and Interpretations

 Sample size = 30

12

18

New client Existing client

Interpretation of Q1.
12 respondents are new clients and 18 respondents are existing
clients of Manglam Build Developers Ltd.
 Sample size = 30

24

Yes No

Interpretation of Q2.
24 respondents purchase property on loan and 6 respondents
purchase property without any loan.

Sample size = 30

11

Affordable price Favorable Financing

Investment Better location

Interpretation of Q3.
11 respondents main reason for buying home in Manglam group
is affordable price. 8 respondents main reason for buying home is
for investment purposes. 6 respondent bought home in Manglam
Group mainly for better location of their home and 5 respondent
reason for buying home is the financing which suited them.

Sample Size = 30

8
12

5 2

Real estate agent Website Newspaper

Hoardings TV Commercial

Interpretation of Q4.
12 respondent purchased Manglam property from real estate
agents. 5 respondent purchased through newspaper
advertisement, 3 through hoardings , 2 through website and 8
through TV Commercial.
 Sample size = 30

12

18

Yes No

Interpretation of Q5.
12 respondent said yes when asked does Manglam respond
immediately to customer complaints and 18 respondent said no
for the same.

Sample size = 30

22

Yes No

Interpretation of Q6.
22 respondent said yes and 8 said no when asked that whether
Manglam helps in financing or not.
 Bibliography

 Manglam Group Office

 Google

 Investopedia

 Wikipedia

 Bizmanualz

 www.manglamgroup.com

Project Report
 On
Finance Management of Manglam Build Developers Ltd

Completed in
Manglam Build Developers Ltd,Jaipur,Rajasthan

Submitted in partial fulfillment of degree of

BBA Program
Academic Session
(2015-2018)
Submitted To: Submitted By:
Mrs.Pankaj Sharma Udit VijayVergia
(BBA/25017/15)

Department of Management
Birla Institute of Technology
Mesra,Jaipur Campus
Content
S.No Particulars Page.No
1 Cover Page
2 Certificate of Approval
3 Certificate of Guide
4 Acknowledgement
5 Executive Summary
6 Introduction 1-10
Firm’s Profile
About the Manglam
Chairman & MD
Manglam Group projects
Mission,Vision & Values
Manglam CSR Programmes
7 Literature Review 11-12
8 Rationale of the Study 13
9 Objective of the Study 14
10 Scope of the Study 15
11 Research Methodology 16
12 Limitations of the Study 17
13 Analysis & Interpretations 18-22
14 Conclusion 23
15 Recommendation 24
16 Bibliography 25
17 Annexure 26-27