Premium Essay

Future of Real Estate Business

In:

Submitted By pritemoy
Words 2444
Pages 10
International Journal of Scientific and Research Publications, Volume 3, Issue 12, December 2013 ISSN 2250-3153

1

Future of Real Estate Business (Ready-made Flat) in Khulna City
Feroz Ahmed *, Md. Reaz Uddin**, S. M. Rasel Ahammad***
** * Professor, Business Administration Discipline, Khulna University, Khulna 9208, Bangladesh Assistant Professor, Business Administration Discipline, Khulna University, Khulna 9208, Bangladesh *** Territory Officer, Transcom Mobile Ltd. Bangladesh

Abstract- Real estate is a fast growing industry in Bangladesh. Earlier this business was concentrated in Dhaka, the capital of Bangladesh. Later on, it spreads in various major cities of the country. The present study has paid efforts to explore the future of real estate business in Khulna, a major divisional city of Bangladesh. A structured questionnaire was used to collect data from Khulna city area. Respondents were selected carefully considering their potentiality to be a flat or house owner in this city. The study has identified income of potential buyers, land price, hassle of buying a flat, developers’ performance and their trustworthiness, and availably of land will determine the future of real estate business in Khulna region. Consumers’ income has been found statistically significant.

prospective customers toward real estate business and developers whether they will accept the real estate service or will construct house by own along with the probable reason behind their perception. Khulna City is a prospective city for real estate business for its own charm and industrial status. So, this study has investigated some potential factors to identify which will be dominant in this sector in future according to the perceptions of customers.

II. LITERATURE REVIEW Real estate or immovable property is a legal term that encompasses land along with anything permanently

Similar Documents

Premium Essay

Real Estate Prospects in Dubai

...entrepreneurs think about international markets 'right of the bat?' which sorts of products are more amenable to going international by small and new firms?" Entrepreneurs should think about the international market as “right of the bat”. We are planning to expand our business in Dubai as real estate market is growing there presently. Entrepreneurs should think about the international market as “right of the bat”. But before going internationally one should consider these following factors: Factor 1: Get company-wide commitment. Every employee should be a vital member of your international team, from the executive suite to customer service through engineering, purchasing, production and shipping. You're all in it for the long haul. Factor 2: Define your business plan for accessing global markets. An international business plan is important in order to define your company's present status and internal goals and commitment, but it's also necessary if you plan to measure your results. Factor 3: Determine how much you can afford to invest in your international expansion efforts. Will it be based on ten percent of your domestic business profits or on a pay-as-you-can-afford process? Factor 4: Plan at least a two-year lead-time for world market penetration. It takes time and patience to build a great, enduring global enterprise, so be patient and plan for the long haul. Factor 5: Build a website and implement your international plan sensibly...

Words: 2859 - Pages: 12

Premium Essay

The Real Eatate Market

...com/essays/economics/how-real-estate-companies-market-products-in-bangladesh-economics-essay.php How real estate companies market products in Bangladesh Need help? ☎ 0115 966 7955 Today the real estate business is one of the fastest growing businesses in Bangladesh and it plays an important role in the Bangladeshi economy. This research paper focuses on the marketing system of the real estate business in Bangladesh. Presently Bangladesh is a developing and also over populated country. Dhaka is the capital of Bangladesh. This city is very important for everything because everything is based on this city. For that reason this city is densely populated. From 1985 the concept of living in a flat has been started and also the real estate business has become more popular. The slogan used by the business is ‘our creation your dream’. This is a dream about someone’s home. This topic was chosen because many people know very little about Bangladesh and Bangladeshi business and because of my own interest and personal experience. This paper will firstly evaluate the real estate business culture in Bangladesh. Secondly the marketing system will be critically appraised. Finally recommendations will be given on how to improve this business. Chapter 2: Literature Review Bangladesh is a developing country, and as is common in many such countries, everything is centralized so every business based in Dhaka city. Nowadays Dhaka is a overpopulated city. That is the main reason for the growth of real estate...

Words: 1959 - Pages: 8

Premium Essay

Financiall Analysis

...predicted financial statement, McDonald's Corp.’s revenue growth rate is restricted around 0.3% to 4.06%, which may be influenced by the negative media coverage in 2014. Despite these issues, we can still expect a slight increase in MacDonald’ stock, due to their tied-to-real-estate business. | | | Stable, but not strong financials: Stable Cash, Slightly Decreasing Leverage and Stable margin Market Profile | 52wk Range: | 87.62 - 103.78 | Volume: | 7,282,677 | Avg Vol (3m): | 7,457,610 | Market Cap: | 92.50B | P/E (ttm): | 21.65 | EPS (ttm): | 4.46 | Div & Yield: | 3.40 (3.50%) | I’m estimating McDonald’s to have stable financials over the next five years due to its weak growth potential. Cash is expected to remain stable over the next five years going from $2077.9M in 2014 to $2663.8M in 2019 Proj. Debt / Equity ratio in 2014 was 342.54% and is expected to decrease to 284.62% in 2019 Proj. EBITDA is table from 2012 of 36.61% to 2019 Proj. of 36.62% without significant variance. Price growth drivers/detractors: Price growth drivers in the future: 1) debt to equity ratio is relatively low and is expected to keep decreasing in the future; 2) positive trend in the increasing value of real estate market; 3) financing activities, since 2008, are presented as cash outflows to buy back stock and pay dividends, which is beneficial for the investors. Price growth detractors for McDonald’s: 1) the sales growth is negative (-10.60%) in current quarter and shows no signs...

Words: 1535 - Pages: 7

Premium Essay

Real Estate Training Research Paper

...The real estate industry is a great industry: With the proper know how, effort, and mentorship you can become financially free. Real estate usually involves investing in homes, offices, or other land or buildings. For example, a real estate investor might choose to buy a house at a particular location. If he thinks it is in a market where property values will rise in the near future he'll probably consider his buy valuable. Of course only time can tell if a property is as valuable as originally anticipated. Real estate training courses generally teach strategies for buying and selling properties, purchasing cash flow notes, foreclosures, or buying properties for no money down. Many innocent business opportunists are confident that these programs will work because everybody knows that "real estate is the real deal money maker!" So...

Words: 551 - Pages: 3

Premium Essay

Apartment Business Plan

...1.0 Executive Summary The purpose of this business plan is to raise $1,000,000 for the acquisition of a 20 unit apartment complex while showcasing the expected financials and operations over the next three years. Apartment Complex, Inc. (“the Company”) is a New York based corporation that will provide rental services to customers in its targeted market. The Company was founded by John Doe. 1.1 Products and Services The primary revenue center for the business is acquiring apartment complex properties with the intent to rent the properties to the general public. The business will generate profits from both the ongoing rental income paid to Apartment Complex, Inc. while generating capital appreciation from the long term holding of these properties. Now that that the real estate market has hit come to its bottom, Management expects that the market will have a future growth rate of 5% to 6% per year. The third section of the business plan will further document the residential rental services offered by the business. 1.2 The Financing Mr. Doe is seeking to raise $1,000,000 from an investor. The terms, dividend payouts, and aspects of the deal are to be determined at negotiation. This business plan assumes that an investor will receive 50% of the Company’s stock, a regular stream of dividends, and a seat on the board of directors. The financing will be used for the following: • Financing to acquire the initial Apartment Complex property. • Financing for the first six months of operation...

Words: 1850 - Pages: 8

Premium Essay

Investing in Real Estate in China

...Executive Summary The Real Estate Investment in China is considered a growing business in the future. China being one of most populous place, people are seeking better living places. By seeing this investment opportunity in China, our group was highly interested. We believe that China has considerable amounts of land for this opportunity and our business to grow. Real Estate demand is raising in China since their economy continues to increase as well as people is becoming more wealthier. With our resources and experience in the field, our investment will be on its way. This report outlines the investment specifications. It is outlined in these categories: Country Analysis, Real Investment Analysis, Specific Components of the Project, the Best Mode of Entry, and the investment Risks Involved. Each outline analyzes the investment’s specific opportunity given the condition of the country. Based on this analysis, our group made a conclusion. A final recommendation of the proposed investment is given below. Country Analysis China is a developing country that has a great opportunity for foreign investors 5to establish their international business and make profits. China has a booming investment market and based on our research, the Livecast states that China’s investment environment is improving in recent years. Take an example from the Livecast, many enterprises transferred their business to China and trying to reduce the investment loss during the economic crisis in 2008...

Words: 2768 - Pages: 12

Premium Essay

Real Estate Brokerage Industry

...Computational Methods Real Estate Investment Industry: (project no) Authors :( 3:3:3) Application of Computational Methods Real Estate Investment Industry Abstract The paper studies the computation methods applied in real estate brokerage industry, Real estate development is a commercial activity involving taking the take the future of an area and trying to shape it needs of future generations and the ambition to make it successful merchandise in the real estate marketplace and thus it is a risky market venture. The paper, therefore, seeks to link the use explicitly of mathematical computation methods used in real estate to how they help manage sales of recently constructed assets. The cost of construction is estimated by the internal area info included in the contract records and from available gross construction cost rates. The most commonly adopted approaches are the binomial models, Black and Scholes and Monte Carol stimulation form the basis of the paper. The motivation for this project is set out more clearly and the computation study methods used in the real estate brokerage industry. Keywords Real estate, Monte Carlo simulations, interpolation, forecasting, Binomial models and Black and Scholes models Introduction Real estate business is the production plant of our cities that converts unproductive land to town space used for various activities by different people. Real estate development shapes the...

Words: 2089 - Pages: 9

Premium Essay

Fruad

...several people with this fraud. The control issues that were compromised were the proper estimation of real estate that was pledged for the mortgages. If the values of the properties had been assessed properly and their future values not considered this fraud would not have taken place. The borrowers do not fit the average fraud perpetrator. These borrowers misrepresented the facts related to loans. In a large number of cases these were real estate industry persons that made false or misleading statements. The characteristics that make him difficult to detect are that these workers arrive on time at work and leave after office hours, they are perceived as diligent workers and so even the FBI does not suspect them. Further, most of the fraud perpetrators in the real estate business are a part of the management and are perceived to be very honest. This is why they are not suspected of fraud. The real estate workers had the opportunity to commit fraud. They fill up applications for mortgage loans and so have the opportunity to make false statements on loan applications. In addition, the real estate workers had the opportunity to hide the facts. They hid the factual value of the assets. Even if an asset did not exist they claimed that the asset existed. Finally they had the opportunity to convert or to obtain loans based on misleading facts and lies on loan applications. The real estate workers have the opportunity triangle and are able to make misleading statements on loan applications...

Words: 736 - Pages: 3

Premium Essay

Real Estate Financing in Bd

...Report on Real Estate Financed by IDLC Finance LTD. Date of Submission: 11th April, 2015 Department of Finance University of Dhaka Submitted to Hussain Ahmed Enamul Huda Lecturer Department of Finance University of Dhaka Submitted by Group SL | Name | ID | Remarks | 1 | Sifat sadia | 17-003 | | 2 | Barna Paul | 17-047 | | 3 | Maghla Hossain | 17-061 | | 4 | Saima Sultana | 17-069 | | 5 | Nawsina Arif | 17-085 | | Date of Submission: 11th April, 2015 Department of Finance University of Dhaka Letter of Transmittal 11th April, 2015 Hussain Ahmed Enamul Huda Lecturer Department Of Finance University Of Dhaka Subject: Report on the Real Estate Financing of IDLC Finance Ltd. Dear Sir, It gives us enormous pleasure to submit the report on the Real Estate Financing of IDLC Finance Ltd as a part of our course named Real Estate Finance (course code F-410) as per the Advisor’s instruction. We expect this report to be informative as well as descriptive. Working with such a topic was an inspiring experience for us. We believe that the Knowledge and the experience we have gathered will facilitate us a lot in my future career life. With our limited knowledge, we have tried our level best to prepare the report worthwhile. Your acceptance and appreciation would surely inspire us. For any further explanations about the report, we will be gladly available to clarify the ins and outs. Sincerely Yours Sifat Sadia Id No: 17-003 On...

Words: 5127 - Pages: 21

Premium Essay

Marketing Plan: Philosophy of Style

...conversation that I was having with my boyfriend in earlier this month. I work for a real estate developer in Dallas and have recently become very interested in pursuing a career in the industry. One thing I have come to realize about business is that connections are everything. After realizing that I have formed many connections in the real estate industry, I hypothesized that there must be a way to provide services that could utilize these connections, enhancing business opportunities for both parties. When I began to share this idea with my boyfriend, we came up with the idea of “The Philosophy of Style,” a website that will feature all the amazing business associates that he and I have the opportunity to work with in Dallas. These individuals range from architects to builders, designers to developers, and even agents that list incredible homes in Dallas. My work is primarily in Uptown, Highland Park, and University Park. These neighborhoods are all top-dollar markets in Dallas with average home value is between $450K-$1M. This means that our clients (connections) are seeking top dollar customers. Philosophy of Style is designed to connect our clients with their ideal customers. The avenue we use to achieve this goal is our website: www.philosophyofstyle.com. Although the website is up and running, it is still very much in its infancy. Many elements of this paper serve as a plan for the future of Philosophy of Style. Not all the ideas have been implemented yet, but I believe...

Words: 1616 - Pages: 7

Premium Essay

Real Estate

...Relationship between Real Estate and Financial Sectors in Dubai Economy Dr. Eisa Abdelgalil Data Management and Research Department Table of Contents Table of Contents............................................................................................................i ‫......................................................................................................................ﻣﻠﺨﺺ ﺗﻨﻔﻴﺬي‬ii Executive Summary ..................................................................................................... iii 1. Introduction................................................................................................................1 1.1 Background ..........................................................................................................1 1.2 Objective ..............................................................................................................1 1.3 Research questions...............................................................................................1 1.4 Methodology and data..........................................................................................2 1.5 Outline of the study..............................................................................................2 2. Dynamic of Real Estate Market.................................................................................3 3. Impact of Real Estate on Financial Institutions ........................................................

Words: 6149 - Pages: 25

Free Essay

Behavior Forces

...wanting to do better than their competition. In the real estate world competition is cut-throat, not only among other real estate companies, but amongst the real estate agents themselves. Real estate agents do not make money unless a real estate deal is closed. Due to this simple fact, competition is fierce. As far as my teammate’s organizations, Loren works for an Insurance Agency. There is a high level of competition within this realm of business. There are many insurance agencies, besides the one the Loren is employed by, so if her company does not do a good job or give a good insurance quote, the client can go down the street to another insurance agency. The organization that Jean is employed by is a non-profit organization. The competition within this realm might not be as severe as in a for-profit organization. Her organization has already expanded globally which aids in the decrease in competition. The economy affects our way of life and the way organizations conduct business. If the economy is doing well than businesses typically spend more money by hiring additional employees, paying higher salaries, purchasing additional equipment, or training their employees. On the other hand, if the economy is going poorly, companies do not hire more employees or purchase any additional equipment. Whether the organization is based on real estate, insurance, or helping the disabled the economy affects all types of businesses. In real estate when the economy is in a lull, individuals do...

Words: 559 - Pages: 3

Premium Essay

Real Estate in Bangladesh

...ASA University Review, Vol. 4 No. 1, January–June, 2010 Housing Real Estate Sector in Bangladesh Present Status and Policies Implications Suborna Barua* Ali Haider Al Mamun Mridha** Rezwanul Huque Khan** Abstract The real estate sector is the growth centre for the development of an economy. Bangladesh, being one of the densely populated nations in the world, has been experiencing severe of houses shortage for its citizens. Although majority of the population is segmented into the middle and the low income groups, still housing for all 1has been a fallacy in Bangladesh. The private sector housing real estate developers have met a small proportion of the national housing demand in the last more than twenty years. The gap between demand and supply is still joy wide. Despite inadequate policy preparations, these real estate developers have been successfully making business although the middle and the low income households are still untapped. With the larger proportion of people living in this income group, the private housing real estate sector has a huge scope to grow in this country. The positive notion is supported by many key indicators such as increasing house rent, inadequate and costly land, easier financing availability and more. To pave the way for the organic development of the industry, the problem of long existent inadequate financing availability at lower burden of terms and costs must have to be removed immediately, and wider scope has to be created for Non-Resident...

Words: 7105 - Pages: 29

Free Essay

Marriott

...separate its business activities in its world famous hotel management business and a separate real estate business in 1994. This project involves the splitting up the company into two separate entities, Marriott International Incorporated (MI) and Host Marriott Corporation (HM) in order to minimize the debt burden and improve the financial health of the company after severe effects from real estate market crash and the slowdown in the business in early nineties. The description of Marriott Corporation, key issues faced by the corporation, details about the proposed Project Chariot and the alternatives and consequences of implementing Project Chariot is reported in the following sections. 1) The first analysis is the impact assessment for the parties and stakeholders of Marriott: According to the reorganization plan MI would operate hotels and include Marriott’s service businesses. It would also own Marriott’s trademarks, trade names, reservation and franchise systems. HM would own Marriott’s hotel properties and undeveloped real estate. It would also operate food, beverage, and merchandise concession in airports and toll-road rest areas. Impact Assessment for: a) Shareholders: the project would give each shareholder one share of the new Marriott International Inc. (MI) for each share of Marriott, so since no cash would be exchanged/transferred. It would have the beneficial effect of diversifying the risks into two categories: 1) services and 2) real estate. They can look...

Words: 1098 - Pages: 5

Premium Essay

Functions of Management Week One

...are planning, organizing, leading and controlling. Each of these functions helps the manager in a specific manner to aid in his managerial role. Many recommend following these four steps in order to achieve the success anticipated for future plans of the company. All four of these functions need to be given an equal amount of time as they are important elements in any organization field. For the sake of this paper will use the Real Estate profession for example. The Four Management Functions and how they relate to Real Estate: Planning Planning is the first tool of the four functions in the management process. The difference between a successful and unsuccessful manager lies within the planning procedure. Planning is the logical thinking through goals and making the decision as to what needs to be accomplished in order to reach the organizations’ objectives. Managers use this process to plan for the future, like a blueprint to foresee problems, decide on the actions to evade difficult issues and to beat the competition. (Bateman, Snell, 2009). Planning is the first step in management and is essential as it facilitates control, valuable in decision making and in the avoidance of business ruin. Any successful Real Estate company has a vision to lead the way to do it better than the next. Although realtors are independent contractors it is important that the company they have affiliated their name with are committed to their goals and strives for customer...

Words: 1024 - Pages: 5