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IN
BY
ROLL NO 2016221
IN
BY
ROLL NO 2016221
YEAR 2016-2018
LALA LAJPATRAI INSTITUTE OF MANAGEMENT
MAHALAXMI, MUMBAI - 400034
SUBMITTED BY
ROLL NO – 2016221
This is to certify that the project work titled “Analysis of Consumer Buying
Behaviour In Real Estate”is a summer internship work carried out by Mr.
Amit Rajkumar Pal.
The project was completed for “Sheltrex Developers Pvt. Ltd. “, under the
guidance of Mr. Abhishek Lokare and Mr. Vishant.
I further certify that the said work has not been submitted in the part or in full,
to any other University.
_____________________ __________________________
The list is endless but to name a few special people, I would like to thank Mr.
Abhishek Lokare from Below The Line and Mr. Vishant from Direct Sales
Teamfor being extremely supportive and guiding me throughout my internship
and giving me constant motivation and expert advice.
I would also like to thank the entire BTL & DST for providing me their
precious time and making this internship a successful learning experience.
I would also like to thank Dr. M. Gowri Shankar for being an excellent mentor
and helping me whenever I approached him/her.
Last but not the least; I take pride in thanking my parents Mr.Rajkumar Pal
& Mrs. ShakuntalaPal , siblings and friends for their much valued support.
EXECUTIVE SUMMARY
This study is related to construction industry in India. Heightened realization on the part of all
stakeholders that infrastructure would play a key role towards pushing India’s GDP to the
desirable 7 percent mark has come as a boon for India’s construction industry.
The industry is riding a growth wave, which is evident from the financial results
posted by some of the leading contractors. However, the industry is faced with certain
challenges. The need to be price competitive, adherence to safety, quality consciousness,
adapting to technological changes, developing and using new construction materials and
having an adequately trained manpower are issues that industry must look into and address.
"The construction sector, therefore, has to gear up fully to take on the ever-increasing
challenge."
This study was basically concern with consumer buying behavior towards residential
properties in karjat with reference to Sheltrex Developers. The basic objective behind
carrying this study was to study the property purchasing behaviour i.e. (Residential) of
different types of customer in different area in karjat, to study the various factors affecting the
customer-buying pattern especially in case of residential properties and to search out new
prospects for Sheltrex developers
After completing this study it was found that maximum respondents are having the
resident on rental, it was also found that price & quality is major factor which are consider by
the customer at the time of purchasing the residential property. The ‘quality’ & ‘facilities’
are most considerable parameters at the time of selecting residential property.
After going through this study I would recommend Sheltrex that they should try to
decrease Five star amenities with a view to cut down the property prices and there by
attracting the middle class, and also actively participate and organize property exhibition,
trade shows, hoardings, etc. to create awareness in the market. They should reduce the
maintenance charges and should concentrate on CRM activities, such as loyalty to create
strong good will and gain new customer.
INDEX
RESEARCH METHODOLOGY
1.2.1 Types of Research
1.2.2 Objective of Study
1.2.3 Scope of Study
1.2.4 Sample Size
1.2.5 Research Instrument
1.2.6 Research Limitation
2 LITERATURE REVIEW 10
3 INDUSTRY PROFILE 18
4 COMPANY PROFILE 33
5 COMPETITORS PROFILE 42
9 CONCLUSION 80
10 RECOMMENDATION 81
11 ANNEXURE 82
12 BIBLIOGRAPHY 85