Professional Documents
Culture Documents
ON
“SALES PROMOTION IN REAL ESTATE MARKETING INDUSTRY
AT INVESTORS CLINIC COMPANY DEHRADUN”
EX T
INTERNAL GUIDE EXTERNAL GUIDE
SUBMITTED BY
SHORYA KHATTRI
STUDENT ID-22020477
1. ACKNOWLEDGEMENT 3
2. DECLARATION 4
3. BONAFIDE CERTIFICATE 5
4. COMPANY CERTIFICATE 6
5. Overview 7
16. FINDINGS 26
20. LIMITATIONS 32
21. FINDINGS AND LIMITATIONS 33
22. CONCLUSION 34
2
ACKNOWLEDGEMENT
Further, I extend our earnest thanks and gratefulness to my internal guide for his
precious guidance and mentoring but for which my report here would not been so
rewarding and fruitful.
I am thankful to those who have helped me intellectually in preparation of this report
directly or indirectly. At last, it is my pious duty to record our heartiest gratitude to our
parents and our family who taught first lessons of life and inspired me to face the hardship
of life. At last, I would like to thank all our college friends for their love, faith, and
support.
Thank you,
SHORYA KHATTRI.
3
DECLARATION
We hereby certify that the work which is being presented in the project entitled
" Sales promotion at Investors Clinic company" by "SHORYA KHATTRI" in partial fulfillment
of requirements for the award of degree of Masters in Business Administration submitted in the
out during a period from 2022 to2024 under the supervision of MR. OMDEEP GUPTA. The
matter presented in this project has not been submitted by us in any other University/Institute for
NAME OF CANDIDATE
SHORYA KHATTRI
Candidates ‘Signature
This is to certify that the above statement made by the candidate is correct to the best of my
knowledge.
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BONAFIDE CERTIFICATE
This is to certify that the final report study done on “SALES PROMOTION IN REAL ESTATE
Under the school of management, Graphic Era Hill University, Dehradun by Shorya Khattri in partial
Fulfillment to meet the requirements for the award of masters of Business Administration, is a Bonafide
Work carried out by his under my supervision and guidance. This work has not been submitted anywhere
Else for any other degree. The original work was carried during 2023
Date:
Under the Guidance. MR. OMDEEP GUPTA
5
COMPANY CERTIFICATE
6
Overview
1. The Indian real estate sector is one of the most globally recognized
sectors.
2. In the country, it is the second largest employer after agriculture and it
slated to grow at 30% over the next decade.
3. It comprises of 4 sub sectors-Housing. Retail .hospitality and commercial.
4. The growth of this sector is well complemented by growth of the corporate
environment and the demand for office space and semi urban
accommodations.
5. According to study by IRCA, the construction industry ranks third among
the 14 major sectors in terms of direct, indirect and induced effects in all
sectors of economy.
6. It is also expected to that this sector will incur more Non-Resident Indian
(NRI) Investments in the near future, as a survey by an industry body has
revealed a35% surge in the number of enquiries with property dealers.
7. Bangalore is expected to be the most favored property investment
destination for NRIs, followed by Ahmadabad, Pune, Chennai, Goa, Delhi
and Dehradun.
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About the company
1. It was Honey Katiyal’s desire to stand on, on December 7, 2006; he penetrated into the
real estate retail arena with a full bang and launched Investor Clinic.
2. A real estate consultancy firm with 250 sq. ft. office, 25 professionals,Rs60lakhrevenue
3developersand5 projects in hand, the stage was set for not just a new company but one that
went on to transform the real estate sector.
3. There was a major gap between the two when it came to real estate service providers.
5. Vastu Clinic, a joint venture by Investor Clinic and Panchtatwa- the law of creation, is a
super specialty entity offering answers to buyers’ Vastu related queries.
7. While the current mission of IC is to hire 5000 professionals, acquire 50 offices, and
achieve Rs. 500 crore turnover, Mr. Katiyal’s vision for the company is,
“To be India’s most admired and customer centric Real estate service provider”.
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ACHIEVEMENTS OF INVESTORSCLINIC:
3. The company has won several other awards for its achievements that include-Most
Innovative Broker of the Year Award (North India), Best Real Estate Agent, Entrepreneur of
the Year, and Indian Property Broker of the Year (North & East) Best Real Estate Consultant
of the year.
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VISION AND MISSION OF THE COMPANY:
VISION
1. With its focus towards enabling availability of real estate solutions, Investors Clinic was
established, keeping in mind the need to create trustworthy partner in wealth creation.
2. Being India's largest real estate services organization, at Investors Clinic, our
visionistofacilitateassetcreationforourendcustomersandenablepeace&prosperityforthem.
Mission
1. Our mission is to enable wealth creation for our customers and help them benefit from burgeoning
opportunities in the real estate segment. In continuation to our effort in this direction, Investors
Clinic offer distinctive experience to the clients for making real estate investments. We are deeply
engaged towards driving our customer priorities in the right direction.
2. In order to realize our vision and mission, we are equipped with more than 1, 00, 000 sq. ft. of
office space. This includes 30,000 sq. ft. in Noida with a seating capacity of 700 people and an
additional 10,000sq.ft.in Gurgaon.Restof60,000sq.ft.issituatedinMumbai/Bangalore/Chandigarhetc.
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The projects
During my duration of internship, the projects that were assigned to us were mainly of
Haridwar and Dehradun they are as follow-
Dehradun
1. Resizone Residency
2. Mount view Green Doonga Plots
3. Paradise green
Haridwar
1. Commercial Street Avenue.
2. Sidcul Estate.
3. HaridwarAvenuePhase2
4. Hari Enclave.
5. Alice residency.
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CALLING SCRIPT 8 STEPS
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CHALLENGES FACED DURING MY INTERNSHIP
1. Hard core sales job, based on incentives, if you like challenges in your life, if no booking confirm no
salary will be given in IC.
2. Target based but with family culture training of sales team with latest Industry trends & knowledge.
3. Entire day work was divided into 4 parts and that parts were training of new projects, then fixing
appointments from clients, then meeting and site visit were done with clients and last step was closing of
sales.
4. Top management was very aggressive in bringing new projects and challenges us to sell those projects.
Sometimes financial problem hurt them and us as an employee.
5. My co-workers were very helping in nature.
6. Long hours number of times no week off and daily target of making 250-300 calls every day.
7. Every Sunday we have to make at least 1-2 clients’ visit.
8. Frequent interaction with the customers to gather their feedback regarding the visit and their
expectations whether they are interested in buying the product or not.
9. Build and maintain healthy business relations with major clients to sustain and maximize the
profitability of the business.
10. Ensure maximum customer satisfaction by providing them quality products at affordable prices ensuring
timely services against the requirements.
11. Responsible for the collections for the clients being logged under my code hence providing an end to
end service to the clients.
12. Company is based on Real Estate so there is limited opportunity for an operational person to excel in
this field. Everything is based on Property selling. Undoubtedly, Human Recourse plays a crucial role.
13. On the other hand, If you perform well and do well you’ll certainly get the benefit, incentives or
promotions as well.
14. In sales, you need to have a previous experience in Real Estate especially in Dehradun “Investors Clinic
Company” otherwise doing sales is not your Cup of tea.
15. Work to generate new clients base leads, calling them and keeping the required follow-ups, generating
sales by selling the right property to a customer, after sales services and documentation.
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THE PROSPECT GENERATED WHILE CALLING
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Real Estate Sector
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Investors Clinic Globally Presence
Investors Clinic caters to the needs and interests of NRIs and Indian expats in the real estate market, both in
India and globally. Investors Clinic collaborates with builders to market their developments and offers real
estate brokerage services. They even have Yuvraj Singh, the cricketer, as their brand ambassador. Honey
Katiyal, the founder, is a first-generation entrepreneur who has built a successful venture.
The company is all set to expand and go global in the next few years. Company’s planning to open offices in
other Gulf countries and in countries with a sizable Indian population. .Investors Clinic has been a significant
player in the real estate market, making a positive impact on home buyers and investors. In FY2011 alone, they
were able to assist around 15,000 individuals in finding their dream homes and making profitable investments.
With their extensive network, they have established collaborations with more than 40 builders, demonstrating
their strong presence in the industry.
Currently, they are involved in over 145 projects, further solidifying their commitment to providing a
wide range of options to their clients. Investors Clinic has made a huge impact in the real estate market.
Company has assisted around 15,000 home buyers and investors in FY2011. Currently, Company working with
over 40 builders and involved in more than 145 projects. Katiyal mentioned that the market for Indian real
estate in Dubai is booming.
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Investors Clinic Globally Presence
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Investors clinic presence in India
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COMPETITORS OF INVESTORS CLINIC
DRAWBOTICS
WEROOM
- Weroom is a community
platform to find roommates
everywhere
ABODO
- ABODO is a better way for
renters and property
managers to connect online
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PESTLE ANALYSIS OF INVESTERS CLINIC:-
INTRODUCTION
It is estimated that the size of the real estate sector increase fivefold to reach
USD676 Billion by 2025.
Real estate firm DLF Ltd. Spartech Ltd. Jayvee infract developers Ltd., Unites, Omaxe Ltd.,
and so on has been playing a significant role in shaping up the real estate since
inception.
The Make in India initiative has helped to accelerated leasing of commercial
property by the manufacturing sector.
India’s Prime Minister Mr. Narendra Modi approved the launch of Housing for all by
2022.SOURCE- https//:www.kpmg.com/IN/en/IssuesAndInsights/ArticlesPublications/
Documents/Indian-real-estate- Opening-doors.pdf
Political Analysis
SOURCE:-
http://www.ibef.org/industry/real-estate-india.aspx
Environmental Analysis
OKHLA BIRD SANCTUARYAs per the new draft notification, no new commercial
Activity will bellowed within the eco sensitive zone. The local economy had lost about Rs 2000
core in several months of the ruling. Projects of 45 developers including Jaypee, Amravati,
ATS, Logic, Ajanta etc. were impacted .Panic among consumers. Sales Of inventories and
progress of several projects drastically effected.
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Sociological Environment
Demographic:
India represents 17.5% of the global population
Education:
The adult literacy rate in 2006 was 62.8%
Health:
In India, 29.8% population lives below the national poverty line in 2010.
Jobs in India
The employment rate in 2011 for the population aged 15 and above is53.6%.The
unemployment rate of labor force is of 3.6%
Technological Environment:-
Usage of internet for booking, renting and buying property online. Some of the top
players of web based real estate companies are 99acres,Housing.com and
commonfloor.com
Change in construction pattern over the years which resulted in high raised earthquake
resistant buildings
Usage of pre fabricated constructions and dry wall technology have been introduced to
India Malaysia, Thailand and China
Studio apartments are in trend for fully automated functioning
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Legal Environment:-
Depreciation
Consolidated Financial Statement (CFS) Dividend Financial statements authentication and board’s report
Corporate Social Responsibility (CSR) Restrictions on non-cash transactions involving directors Loans and
investments by company.
Sources-
https://indiacode.nic.in>2016>201616
Economical Environment:-
New investments proposed by the government such as Rs 7,060 core to build 100 smart cities.
Investment friendly tax reforms can act as an economical tool to revive almost dead India economy. Ease
of Availability of financiers will aid the government in achieving its ‘home to all by 2022’ program. FDI
norms have been modified to attract foreign players in Real Estate sector
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INVITATION TEMPLATE
Used to send the invite to the clients every Saturday (to make them visit onsite)
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SWOT Analysis for the Organization
Strengths
Weaknesses
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Opportunities
Threats
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FINDINGS
The real estate industries of Lucknow have growing during the past few years. Major
factors that contributing in to the growth are.
Lucknow is the state capital city of Uttar Pradesh, and Uttar Pradesh
having biggest population of country. Lucknow city is the largest urbanity
of state and surrounded by many towns, by these reason Lucknow city
make attractive. It is added f act ors that show growth f infra structural
facilities development in term of public transport, drinking water supply, retail
sector and sanitation.
Affordable prices of land as compared to metro cities attracted the privet player to come
into market cause the prices are affordable they opted the for the market for the low cost
projects.
In Lucknow real estate market many market leaders are presented like DLF,
OMAX, Perth, Unites, Ansal and Sahara and they are running many real estate
projects in various price list and in various locations.
Public transport system is the main factors of Lucknow city, recently metro
project work is started in city.
The personal selling is the effective way of selling real estate products. The direct
marketing helps significantly in personal selling.
Sometimes it was very difficult to get sufficient help from the employees due to their
limited executive hours.
They did not give me exact i information for maintaining their secrecy.
Limitation of time.
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EXECUTIVE SUMMARY
Investors Clinic is a global real estate consulting company that has revolutionized the real
estate industry in India with their professionalism. They have a proven track record of
collaborating with over 100 top developers and are dedicated to providing exceptional
customer service through the latest technology and processes. They offer real-time updates
on the Indian real estate market, including property value appreciation and new launches.
Their customer care division and one-stop property helpline number have brought real
estate developers closer to customers on a single platform, providing them with relevant
information, enticing deals, practical solutions, and expert assistance for their loan
requirements. Additionally, they have efficient vastu experts to address any property-
related concerns. Their mission is to help customers create wealth and capitalize on the
growing opportunities in the real estate sector. To support their vision and mission, they
have more than 100,000 sq ft of office space across various locations, including Noida,
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THE METHODOLOGY
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BENEFITS OF BUILDING A CAREER IN REAL ESTATE
1-)Real estate professionals help people during major milestones- It goes without saying that career
in real estate can be both financially rewarding and exciting. To many people, real estate is an
appealing career path because the thrill involved in touring properties and envisioning how to
transform empty spaces into living ones. Real estate is more about people than it is about property.
While there is no denying that property is a significant part of it, but a real estate agent spends more
time with people, helping them make sound decisions.
2-) No qualification needed- unlike other industries where one needs to study intensively and pass
exams, starting a career in real estate industry is possible in just a matter of few weeks without
spending a fortune on gaining qualifications or a college degree. With good communications and
persuasions skills, you can learn practically while working and accomplish your goals.
3-) Flexible Schedule- A day in the life of a real estate agent does not involve sitting from 9 to 5 at
office but curating your own flexible schedule as per the needs of your client. Only a very few
careers can provide this and career in real estate is one such option.
4-)Offers Dynamic Opportunities- Career in real estate gives you the opportunity to interact with
numerous clients ranging from huge corporations, large and small retail companies, family offices
to multifamily property owners. Every development project, real estate transaction differs from the
other and brings new and exciting challenges. From searching for properties, acquiring a property,
managing a property portfolio, negotiating a lease, or engaging in construction actives, there are
plenty of directions one can choose.
5-) Unlimited Growth Potential- Growth and success in real estate is directly dependent on the time
you allocate to identifying, develop[ping and leveraging opportunities. Your earning potential is not
limited to your salary or hourly wage, but attractive incentives and amount of effort you are willing
to put in. Not only this, but career in ral estate also provides many entrepreneurship opportunities
for those aspiring to kick start their own venture.
7-) Build Long-Lasting Relationships- Purchasing and selling a property is a significant financial
decision for many and the role of a real estate professional is to assist the clients in navigating this
important moment by providing high-quality customer service. Along the way, you will meet
people from different backgrounds, ages, education etc.
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STRUCTURE OF THE COMPANY:
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SELLING ANDBUYING PROCESS
The teams were allotted with the projects of different infrastructure limited companies.
There work remains to generate the leads and personal selling of the different products.
For buying purpose the people use to submit their queries at the website of investors clinic.
There queries use to be answered and the selling and buying process starts from here.
In between the costumer persuasion and project/product explanations used to be happen.
The teams have to achieve their target.
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LIMITATIONS
1. Sometimes it was very difficult to get sufficient help from the employees due to their
limited executive hours.
2. They did not give me exact information for maintaining their secrecy.
3. Unavailability of previous research work in Lucknow.
4. Limitation of time.
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FINDINGS AND LIMITATIONS
The personal selling is the effective way of selling real estate products.
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CONCLUSION
Own house is the basic human needs. The right to lives is one of the fundamental rights of
human and this is internationally recognized. The demand of housing in urban areas in
developing cities like Lucknow is dramatically. Change due to natural increase and its
growth rate. Rural and other backward peoples are migrating for finding jobs and many
wealthy people are moving to capital of state Lucknow city for the fulfillment of their
expectations of be our lifestyle, and for enjoying the modern cultures of the city life. Due
to this increases a serious crisis all over the metro cities especially in the major cities of
Lucknow. From few years, many real estate firms have taken initiatives by ensuring
maximum utilization of land in a planned way. In this system real estate firms try to
provide residences to more people in a comparatively small place.
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