Professional Documents
Culture Documents
DONE BY
SURESH K
21BBA0008
In
Ambala housing and constructions pvt ltd
BUSINESS SCHOOL
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CERTIFICATE
Examiner 1 Examiner 2
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DECLARATION
Date:
Place:
SURESH
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ACKNOWLEDGEMENT
Date:
Place: Vellore
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INDEX
4 SWOT ANALYSIS 32
5 SUMMARY
• LEARNING OUTCOME 35
• CONCLUTION 37
• REFERENCE 39
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INTRODUCTION
Ambalal Housing and Construction Pvt. Ltd was founded in the 1990s because of
this ambitious effort. With a present portfolio that includes many Farmhouses,
Retail Outlets, Elite Residential Buildings, gated communities, and Upscale
Business Complexes, this organization has made substantial incursions in the
housing and building, plot promotion, and real estate industries.
Since its establishment in 1998, Ambalal Housing and Construction Pvt. Ltd has
grown from a company with a few acres of land to one of the region's leading real
estate developers. The Ambalal team of specialists provides a comprehensive
variety of services, including development, urban planning, marketing, and
leasing, market research and evaluation, finance, and community relations.
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He is a well-known philanthropist not only in the hometown but throughout the
district. He is a major donor for Rotary International. As he is a socially
conscious personality. He is a postgraduate in the same social science, His
contribution to the growth and exposure of brand Ambalal is innumerable, He is a
technical survey Entrepreneur who inducts modern technology into the business
wherever it permits and accustomed. Highly ethical in business well known for
the passion and Love for the development of society, economically shouldering
the downtrodden for their upliftment in Education, through Ambalal group He
gives scholarship for literally needy students, In the whole Vellore District. He is
the brand ambassador for the group.
To be the most successful real estate firm in the County. Ambalal Real Estate
incorporates proven, professional state of-the-art techniques specializing in the
marketing, listing and selling of new and resale luxury homes, residential
communities, home sites, undeveloped land and commercial and investment
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opportunities. Ambalal Real Estate maintains a full-time staff of well-trained real
estate professionals who continually strive to provide top quality service for their
individual clients and customers. Ambalal Real Estate is a creative, innovative
and people-oriented organization providing individual opportunity, personal
satisfaction and rewarding challenges to all members of the firm.
AMBALAL LOGO:
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COMPANY PROFILE
Ambalal Real Estate is about more than just selling places; it is about giving you
with your future 'Home.' Ambalal projects offer an unrivalled combination of
'Quality, Distinctiveness, Affordability, and, above all, a Lifestyle that you've
always desired!'
Real Estate Options That Are New – Their projects epitomize the spirit of
exclusivity via the creation of elite lifestyle space, and were designed to provide
'Refreshing Real Estate Options' to address the expanding need for luxury living
and commercial spaces beyond comparison near the City. They are committed to
providing realism and finesse in each project, consequently providing customers
with good value for money.
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Ongoing projects of Ambalal
Yelagiri Hills – Yelagiri
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ORGANIZATIONAL STRUCTURE:
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KEY FUNTIONAL DEPARTMENT:
Phase 1 – Approval
Here all the legal approval from parties and government occurs
Usually lasts for the period of 6 months to 1 year.
Phase 2 – Documentation
All the document related paper works happen in this phase, this phase demands
the history of the land and its owners with their consent
Phase 3 – Budgeting
To improve the condition of the land and area. Budgets are allocated
accordingly. The Developing Department Head draws an outline of desired
costs and expenses to uplift the area and land quality and pitches it to the
financial department.
Phase 4 – Development
Once the project passes all the approval and documentation works. Roads,
Street Lights, Drainage systems, Telecommunication Connections, Gardens,
ground, water supply facilities, and other convenient facilities are built and
granted to the Government as Gifts.
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Phase 5 – Marketing and Sales
Finally, the developed land is ready for now to market and turn it into Cash. The
sales and Marketing executives reached the potential buyers and convince them
to buy at reasonable prices and services.
Detailed Understanding.
Generally, there are two types of Lands.
1 DRYLAND
2 WETLAND
1 Dry Land – These lands are usually preferred to sell and land also doesn’t have
enough properties to cultivate any vegetation.
2 Wet Land – This type is highly preferred for agriculture because it has enough
properties to cultivate different forms of crops. Usually, Legal bodies don’t give
easy permission to access and market this land area.
Real Estate Services only target Dry Lands for the purpose of sale. Wetlands are
highly monitored and taken care of by government officials.
All three departments are highly dependent and connected to each other. The nature of
all three departments is the same i.e. (Paper-based/Paperwork).
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1. Approval Department: -
Second
1. To get permission from the Required legal members which is necessary for
the registration,
2. Both the town and village land follow a different chain of legal authority
and pattern
❖ Once the lawyer agrees and discloses the plan with no legal objections, the plan
is turned into a sketch.
(Sketch contains all the layout design with commercial land markings)
❖ A copy of the sketch is also submitted to the lawyer for further reference.
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❖ This plan usually takes a period of 3 months.
2. Survey Department: -
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b) Site Analysis: The survey department analyzes the site conditions and
identifies any potential challenges or constraints that may impact the
construction process. This includes assessing the soil quality, drainage
patterns, existing structures, and any other factors that could influence the
construction plans.
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g) As-Built Surveys: Once the construction is complete, the survey
department performs as-built surveys to document the final layout and
dimensions of the constructed project. These surveys provide accurate
records for future reference and legal purposes.
3. Documentation Department: -
2 Layout Drawing(dwg/dxf)
4 FORM A
5 FORM C
8 Encumbrance Copy
9 Patta Copy
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10 Ada gal copy
20 Plans furnished and duly signed by the owner and Licensed Surveyor (in
PDF format) (.jpeg .pdf)
22 A-REGISTER (. jpeg.pdf)
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that the right documents are available to the relevant stakeholders at
the appropriate stages of the project.
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4. Finance Department: -
➢ The very first thing they told me when I got exposed to this department is
that highly prefer Digital transactions all their transitions are not liquid
based. In fact, almost 90% is digital, as this keeps a record of every
transaction on a systematic basis.
➢ Now the main question was how this department allows cash funds when
other departments need that. At the end of every month, they allocate a
specific amount to each department after conducting a meeting with the
head of every department. In this meeting, the department head explains
their relative expenses and works for which they need funds. All this
information is provided to the Owner. He cross-checks everything and
concludes Yes or No.
➢ Once he agrees to the budget, the further process takes place of allocating
funds. If they have enough funds, they provide them immediately, or else
they seek loans from other institutions (mainly Nonbanking institutions)
➢ Also, they prefer cash-related transitions instead of credit ones because of
better land and property rotation.
➢ In case any department requires urgent funds further even after
monthly allocation, The fund-needed department issues a “Request
Voucher” to the finance department
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➢ In the “Request Voucher,” The information regarding the fund like the
cash Amount required., the Purpose of the required cash, The period of
requirement, and other funds relating information is mentioned.
➢ This voucher is passed to the Entrepreneur seeking permission to
provide funds. Once permission is granted the desired fund is
allocated.
➢ The financial department majorly works on DEBT. As it holds the
DEBT RATIO of 4.5%
➢ Here are some key responsibilities and functions typically performed by the
financial department in such a company:
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• Cash Flow Management: Managing cash flow is critical in the
construction industry, given the significant upfront costs and
project-basednature of the business. The financial department
monitors and forecasts cash flow to ensure the company has
sufficient funds to meet its obligations and invest in growth
opportunities.
• Financial Risk Management: Housing and construction
companies facevarious financial risks, including project cost
overruns, economic uncertainties, and credit risks. The financial
department assesses and manages these risks by implementing
appropriate strategies, such as riskmitigation measures, insurance
coverage, and financial hedging.
• Capital Budgeting and Investment Analysis: The financial
departmentevaluates potential investment opportunities, such as
acquiring new properties or equipment, and assesses their
financial feasibility. This involves analyzing the expected returns,
risks, and payback periods to make informed investment
decisions.
• External Relationships: The financial department interacts with
externalstakeholders, such as banks, auditors, tax authorities, and
investors. Theymanage banking relationships, coordinate audits,
and provide necessary financial information and reports to
external parties.
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5. Development Department: -
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1. Market research: Conducting market analysis and feasibility studies to
identify potential development opportunities and assess market demand for
different types of properties.
2. Land Acquisition: Identifying and acquiring suitable land parcels for
development, negotiating purchase agreements, and conducting due
diligence to ensure legal compliance.
3. Project Planning: Developing project concepts, conducting preliminary
design work, and creating project plans, including budgeting, scheduling,
and resource allocation.
4. Permitting and Approvals: Managing the process of obtaining necessary
permits, licenses, and approvals from regulatory authorities and ensuring
compliance with local building codes and regulations.
8. Sales and Marketing: Collaborating with the sales and marketing teams to
develop effective marketing strategies, pricing strategies, and sales plans for
the company’s properties.
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6. SALES AND MARKETING DEPARTMENT:
SALES DEPARTMENT
Ambalal Housing & Construction Pvt ltd. has a well-trained sales department
that does more than make sales. Sales executives are well-trained and perform
their responsibility very well. The sales department deals with welcoming the
customer to after-sales services.
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continues. So, basically, there are 3 types of sales in Ambalal –
• Direct sales
• Indirect sales
1. Direct sales – Direct contact with the customers i.e., in person. The
salesperson talks to the customer about the site, its location, area and
surroundings, the site’s features, benefits of purchasing and investing in that
particular site, etc.
2. Indirect sales – Indirect sales represent contacting the customers through
calls, emails, SMS, etc.
3. Cross Market – Here the salesperson includes other businesses of Ambalal.For example,
If a customer invests in a particular site, he/she is also offered or made aware of Ambalal’s other
businesses such as Jeweler, Electronics, Share market, etc.
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2. Customer Relationship Management: Building and maintaining strong
relationships with customers is crucial. The sales team interacts with
customers, answers their queries, provides information about available
properties, and guides them through the sales process. They strive to
understand customer needs, address concerns, and ensure customer
satisfaction.
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6. Sales Reporting and Performance Evaluation: Sales representatives track
and report their sales activities, progress, and achievements to management.
This data helps in evaluating individual and team performance, identifying
areas for improvement, and setting sales targets for future periods.
1. Lead
2. Site visit
4. Booking
1. Lead site - The clients or the customers that are followed from time to time
by the salesperson to make them invest in the site/ Ambalal.
2. Site visit – Once the client is convinced to invest, he/she is taken for the site
visit and the plot/site is shown to the respective person and he/she is also
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made aware of the site/s features, the surrounding area, benefits of buying
that particular plot and also the salesperson makes sure to ask the prospective
client’s opinion, taste and preferences and according to that the desired
plot/site is shown. Here the open-ups and close-ups work. The salesperson
keeps in mind to tell all the positive details about the surroundings and plot
as Ambalal also looks after the client’s safety and satisfaction.
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MARKETING DEPARTMENT
1. Establishing and managing the brand entails defining who we are, what
westand for, what we say about ourselves, what we do, and how our
business operates. This, in turn, defines the interaction we want our
customers and partners to have with us.
4. Creating content for the website - People generally look up to the website
first for information. The marketing department will be in charge of keeping
Web material up to date, as well as ensuring that the site appears quickly when
someone searches for it.
6. The Marketing department makes sure to update their plot’s details on the
site and checks whether it is up to date or not.
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MARKETING DEPARTMENT PROCESS IN AMBALAL – The marketing
department with the help of the Internet and other social media get clients and
transfers their request with theirdetails to the sales department further sales
department interacts with them regarding their request and finalize the deal.
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SWOT ANALYSIS:
STRENGTH:
The major strength of AMBALAL is it has strong brand value and is the
market leader in Vellore and has amazing customer relations. They maintain
Better Customer Relations. Their main objective is to increase customer
satisfaction and create a remarkable impact for their company on their
customers. A good promotional strategy is adopted by AMBALAL to transfer
its thoughts to the people.
• Good customer service.
• Good Infrastructure
• Attractive advertisements
• Security guarantee.
• Strong network and partnership.
• Brand equity over the years.
• Customer satisfaction with best returns.
• Value multiples overtime.
• Less risky.
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WEAKNESSES:
1. Asset that is not liquid - Cash is a liquid asset that can be used to buy
anything from anybody, anywhere. Because real estate is not a liquid
asset, one must sell it to make it liquid to make desired purchases. When
it comes to liquidating the real estate asset, the market may not always
supply with the desired rate. In the event of an emergency, one must sell
the item at a lesser price.
2. A Significant Investment is required - It is not easy to acquire a
property. Purchasing the land necessitates large sums of money and
something extremely precious. People can labor their entire lives and
still not be able to build the house of their dreams.
OPPORTUNITIES:
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THREATS:
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LEARNING OUTCOMES
During the internship and preparation of this report, there were many things
thatlearned. Among different functional and administrative things, some of
the valuable lessons learned during the internship were:
➢ Internship has helped me in gaining information about the Real
Estatecompany. Also got familiar with the Sales Process of a
plot/land.
➢ Learned how to deal with customers and tackle their problems.
During the trainee phase, I got it is essential for a sales manager to be
customer centric. Understand customers’ needs and expectations.
➢ Got a chance to handle one of the customers where I learned how to
interactwith the customer and client, and I explained all the features of
the site to them. This has given me a chance to learn how to address
customers with different needs. Being a good communicator is very
important.
➢ Experienced writing down customer records or any inquiries. Learned
how toapply theoretical knowledge in practical fields and about different
types of customers.
➢ Got familiar with the marketing department of Ambalal and how they
get incontact with the customers.
➢ Learnt about several processes, where several questions are asked to the
customers before and after the sale of the site. A separate record is
maintained by the company. Calls are very important for the company and
can be said to be agood way of maintaining customer relations.
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➢ Got to know about several departments, mainly the
sales andapproval department in the company.
➢ Understood the role of a salesperson which is very crucial. A
salesperson should be patient enough in explaining the features of the site
or clarifying theirqueries, then a good communicator, be transparent
because it is essential to avoid problems.
➢ The most important is diligent merely sitting at the office does not help
in sales. One needs to go out, meet people and make prospective clients,
interact with them regarding the plot and understand their requirements
and satisfy themrespectively. A sales professional ideally should spend his
maximum time in thefield to achieve the target in the best possible way.
➢ Targets are set for the salesperson. If they achieve the target an
incentive isprovided to them.
➢ Learned about booking and the registration process.
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CONCLUSION
This internship helped me to improve myself and interact with other staff
members and customers, as well as developed my self-management and
accountability skills. The internship was an excellent opportunity to learn about
the various departments and its diversified function and improve my knowledge
and managerial skills.
The internship experience and the analysis conducted on the Company’s finance,
marketing, and HR departments have been incredibly valuable for my
professional development. It provided me with hands-on exposure to real-world
challenges and allowed me to apply theoretical knowledge in a practical setting. I
gained insights into the operations and dynamics of each department, deepening
my understanding of their roles and contributions to the overall success of an
educational institution.
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This internship experience also reinforced the importance of holistic management
in the finance, marketing, and HR sectors. The Company’s finance department
demonstrated strengths in budget management and financial planning, enabling
prudent resource allocation. The marketing department showcased expertise in
developing effective strategies to attract students and enhance the Company’s
reputation. The HR department excelled in talent acquisition and development,
ensuring a skilled and motivated workforce.
This internship experience has been a transformative journey for me, deepening
my knowledge in these areas and preparing me for future professional endeavors.
I am grateful for the opportunity to contribute to the Company’s improvement
while also gaining valuable skills and insights that will undoubtedly shape my
career path.
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REFERENCE
➢ http://ambalalrealestate.com/
➢ https://ambalalrealestate.com/management-profile
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