Developing Country Studies ISSN 2224-607X (Paper) ISSN 2225-0565 (Online) Vol 2, No.2, 2012
www.iiste.org
Real Estate Industry in Chittagong (Bangladesh): A Survey on Customer Perception and Expectation
Moslehuddin Chowdhury Khaled 1* 1. 2. 3. 4. Tasnim Sultana2* Sujan Kanti Biswas3* Rana Karan 4* Lecturer, School of Business, Independent University Bangladesh, Chittagong, 12 Jamal Khan Road, Chittagong 4000. Phone: 01675002980 email:-mmckhaled@gmail.com Assistant Professor, Faculty of Business Studies, Premier university, Chittagong, Bangladesh email: tasnimmosharraf@yahoo.com Assistant Professor, Faculty of Business Studies, Premier university, Chittagong, Bangladesh email: sujan_kbt@yahoo.com Assistant Professor, Faculty of Business
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1.3. Methodology: The topic was selected because this is a very interesting one in current context of Bangladesh. Real estate market is booming, demand is soaring, and shaping of industry is very fast. Real estate has become a focus of citizen interest. Literature review was done by going through the available volumes of different universities and web search. Sampling procedure: random sampling was followed for selecting 150 customers. They were selected randomly from the database of the randomly selected real estate companies. Data collection and analysis: data was collected at different points – at the office of the real estate companies, at randomly visited apartment construction sites where customers were visiting randomly, and at home of the customers. Then data were tabulated and summarized in MS-Excel. Questionnaire was prepared with the help of 3 real estate companies to ensure face validity, tested on 10 customers and then finalized for the survey. 1.4. Scope and Limitations: This is a cross sectional study which might not capture the trend or changes in customer attitude and preferences about the apartments or real estate companies. This field based study was done only in Chittagong. There are so many real estate developer companies in Dhaka and all over the country, with huge and growing customer base, different target customers, and with different business
Rivalry among competitors is considered to be high in this industry due to the number of established players – Ayala Land, Megaworld, Shangri-La Properties, Century Properties, SM, Robinson’s Land, Filinvest Land, DMCI, etc. and their presence nationwide. A majority of these companies have several existing townships and mixed-use communities in several locations in and outside the metro. Competition in this industry is expected to tighten with the forecasted slowdown.
Sources of information:Bevan J, Dransfield R, Coupland-Smith H, Goymer J and Richards C – BTEC Level 3 National Business StudentBook 1 (Pearson, 2009) ISBN 9781846906343Bevan J, Goymer J, Richards C and Richards N – BTEC Level 3 National Business Student Book 2(Pearson, 2009) ISBN 9781846906350Coupland-Smith H and Mencattelli C – BTEC Level 3 National Business Teaching Resource Pack(Pearson, 2009) ISBN
Arbitration is a fast way to get a decision when you are in a dispute. Arbitration is more flexible and less formal than court. Usually, an arbitration can be scheduled faster than a trial. Sometimes, if the parties want, arbitrators can decide things that judges are not allowed to decide.
eChapters offer students immediate access to the first few chapters of their textbooks while they are waiting for the print book to arrive. eChapters help students to keep up with required reading and assignments until they receive their course material, without having to pay expedited shipping costs. eChapters that are available from the publisher are attainable free of charge. How do students gain access to free eChapters?
Consumer choice plays an important role in determining the market demand for housing in a particular locality. There are numerous factors that contribute to the choice pattern of the potential buyers. This study focuses on the role of Home Characters and Neighborhood Characters in determining the price of the house. Home characters are the characters that are associated with the physical building infrastructure and it includes aspects like land area of the house, location of the house within the building, shape of the house, orientation of different kitchen, drawing room, bed room, Hall etc. within house structure, total number of rooms, number of bathrooms within house, water supply, presence/absence of balcony, size of balcony, whether kitchen is remodeled or not etc. Neighborhood characters include location of the house with respect to center of the city, extent to which crime related incidents happen in the area surrounding to house, presence of heavy traffic nearby, noisiness of the area etc. Considering all these variables after a sufficient review of literature among the home characters variables like total number of rooms, number of full bathrooms, number of half bathrooms, presence or absence of Cellar, Garages facility, Poarch, Remodeled kitchen, Septic system, availability of Centralized air conditioning system,. Adequacy of housing, Kind of road etc. was considered. Along with these, neighborhood related characters like Crime intensity,
TAYLOR’S BUSINESS SCHOOL TU/UWE Dual Awards Business Programmes STA60104 Quantitative Methods for Business Formulae and Distribution Tables Mathematical Formulae 1. Simple Interest: A=P(1+rt) 2. Compound Interest: A=P(1+i)n 1 i n 1 3.
*Jaspreet Kaur, Lecturer in Department of Commerce, Sri Aurobindo College of Commerce and Management, Ferozepur Road, Ludhiana. E- mail: jas_2347@rediffmail.com, Phone No: 9915509226
Real estate sector in india has become a long way by becoming one of the fastest growing market in the world. It is not only successfully attracting domestic real estate developers but foreign investors as well. The growth of industry is attributed mainly to a large population base ,rising income level,and rapid urbanization
I hereby, dedicate this project report to my father Late Mr. Shahid Khan who was my inspiration, also like to thank Institute of Business Administration for the opportunity to conduct this research and of course, want to share my gratitude with my mentor for this project, Mr. Kamil Shahbazker who is a true source of knowledge. Without his support, completion of this report was not possible.
This study is submitted in fulfillment of the requirements for the degree in Master of Business Administration from Indian Institute of Information Technology, Allahabad
We have decided to invest in Cairo, Egypt. Our company named Bassma Real Estate, aimed at developing a real estate property in the New Cairo settlement. Egypt is a unique country with great potential. The real estate market in Egypt is like no other in the Middle East or Africa. It has withstood two revolutions and major political and economic instability. Yet it remains resilient and has seen tremendous growth over the past few years. Land prices have seen a steady increase in value at an average of 10% per year since 2010.(Egypt property market,2015) Another unique factor to Egypt is its population growth, growth rate of around 2.0 it is the highest in Africa making real estate development not only an opportunity but also a necessity. Our product is luxury residential apartments aimed at the upper middle class, specifically young couples who are looking to buy their first home. We offer a unique approach by positioning ourselves as experts on shepherding first-time home buyers comfortably through the process of buying a home they like and can afford. Like any investment it does not come without risks, but Egypt has some unique challenges to it. Mainly, its currently weak currency. Although it has begun to stabilize it is still weak and does not look to becoming stronger in the near future. We hope to take advantage of the opportunities this endeavor provides us and to establish our brand so as to develop more properties in Cairo and may even expand beyond that. Egypt’s
Organizational justice shows the thinking of the employees that are working in the organization how they are being treated fair or unfair.
Faiza Anwar, Sahaab Akbar, Uroosa Akhtar Khan Department of Management Sciences, The Islamia University of Bahawalpur, Pakistan.
In the partial fulfillment of the requirement of Master of Business Administration (M.B.A.) Program (2002-2004) Hemchandracharya North Gujarat University, Patan.
*Ph.D. Scholar. Assistant Professor in Commerce, D.R.B.C.C.C. Hindu College, Chennai - 600072, Tamil Nadu, India.