An Internships Report
" Research of client satisfaction of residential properties with reference to AMRAPALI GROUP, Noida”
A Project Record submitted in partial requirement of the award of
CONTENT GRADUATE DIPLOMA OR DEGREE IN MANAGEMENT
ROLL NUMBER 1207
KOHINOOR BUSINESS SCHOOL & MIDDLE FOR MANAGEMENT RESEARCH, KHANDALA
The real estate sector in India assumed increased prominence while using liberalization in the economy, while the consequent increase in work at home opportunities and labor migration generated rising demand for commercial and housing space. At present, the real estate and structure sectors happen to be playing an essential role inside the overall development of India's main infrastructure. The real estate industry's growth is connected to developments in the retail, hospitality and entertainment (Hotels, resorts, cinema theatres) industries, economical services (hospitals, schools) and information technology (IT) - empowered services (such call centres) etc and vice versa.
The Indian real estate property sector features traditionally recently been dominated with a number of small regional players with relatively low levels of experience and/or money. Historically, the sector has not benefited by institutional capital; instead, they have traditionally drawn on high net-worth individuals and also other informal sources of financing, which has led to lower levels of openness. This scenario experienced a change within line together with the sector's expansion, and as of today, the real estate industry's dynamics reflect consumers' expectations of higher quality with India's increasing the usage with the global economy.
Residential Real Estate
Household real estate sector has observed stupendous progress in the past few years because of the following reasons: • Ongoing growth in population
• Migration towards urban areas
• Ample work opportunities in service sectors
• Growing income levels
• Rise in nuclear families
• Easy accessibility to finance
With regard to houses increased considerably while supply of houses could not keep pace with demand thereby leading to a steep rise in residential capital values particularly in urban areas.
Broadly, residential real estate industry can be divided into several growth levels, as can be observed in the chart below:
Commercial Real estate property
The industrial office space in India has developed significantly in past times 10 years due to change in business environment. The expansion of commercial real estate property has been driven largely by service industries, especially IT-ITeS. Previously business properties were concentrated towards CBD (Central Business District) areas in large cities. However , with all the emergence of IT-ITeS, which usually had huge office space requirement, commercial expansion started shifting towards metropolis suburbs. That resulted in multifold development of city outskirts and suburbs like Gurgaon close to New Delhi, Bandra and Malad in Mumbai, as well as the Electronic town in Bangaluru. In addition , over the last 10 years, locations such as Bengaluru, Gurgaon, Hyderabad, Chennai, Kolkata and Pune have established themselves as growing destinations pertaining to commercial advancement, which are rivalling with classic business spots such as Mumbai and Delhi. Tax sops on the revenue of IT-ITeS companies as well led to stupendous development of THAT Parks and SEZs.
Advantages of Amrapali Group
Environment the trend pertaining to modern, luxurious and easy living
Structured on Dr . Anil Sharma, a civil professional from IIT Kharagpur and a former government employee, Amrapali is run by a group of highly proficient engineers and over 50 professional and one hundred and fifty supervisory-grade employees. Amrapali...