bedi enterprises

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Enterprises

COSTING AND PRICING OF BUILDING

Presented To Presented By

Mr Pankaj Goel Navjot Singh

BBA 5th Semester

Roll No 1105987



ACKNOWLEDGEMENT

First and foremost my heartfelt thanks to God Almighty for

helping me in all my ways. I express my deep gratitude to

Dr. (Col.) H.S. Singha & Dr. Sandhya Mehta who has

provided me the necessary information and also for thesupport extended in the completion of this report.

I owe my gratitude to my guide Mr. Pankaj Goel, Assistant

Professor, for his valuable suggestions and support from

the start to the completion of this study.

Navjot Singh



COMPANY PROFILE – BEDI ENTERPRISES

Bedi Enterprises is one of the leading

Infrastructure Company in Ludhiana now. This

Company has been established on 13th Jan.

2007. It is consisting of Real Estate Business.Understanding the need of fast changing world

Bedi Enterprises has come up with customized

residential and commercial complexes and

agricultural land, keeping in mind stringent qualitypolicy and international standard infrastructure

practices.



To establish a benchmarkfor developing the new

India and to remain at the

commanding height in

Real Estate Business.

To provide people with

the world class Real

Estate concepts withProfessionalism,

Ethics, Quality and

Customer Service.



OBJECTIVES OF BEDI ENTERPRISES

Meeting ever growing challenging

requirements in today’s competitive

world through strong quality systems. Creating dedicated and confident work

force through continual development

process. Adding value to the investors.



COMPANY'S ACHIEVEMENTS

Retail Market & E-commerce

Wellness Industry

Infrastructure

Real Estates "Flats & Duplexes"

Resorts Property & Investment



COMPETITOR PROFILE

Ambuja Realty Group

Sun City Projects

Merlin Groups

Magicbricks

Ghar4u NK Realtors



COST OF THE FLAT

DOWN PAYMENT EMI STRUCTURE

(Installments)

100% PARTIAL

Spread Over a

Long Period

(Max.20Years)

Shorter Span

May Result in a Discount Being Offered.

Reduction in Incidence of Interest Attract higher

Principal Lower

Interest



FINANCING FACILITIES ON OFFER

The various financing facilities that Bedi Enterprises. could

take advantage of are:

Offering loan against property

Tie up with Recognized HDFC Bank

Tie up with Commercial Banks

Financial Institutions offering such Finances.

Mortgaging

Financing by self /Relatives



OBJECTIVES OF THE STUDY

To find out the out put Margin to the

Cost of Finance.

To find out the Profitability.

To find out the how Bedi Enterprises

sells their products.



SIGNIFICANCE OF THE STUDY

The project is of extreme significance to me

as the whole cost of constructing a flat has

been found out as well as the details

regarding the profit margin has been

calculated. It has helped me significantly as Iam entering into the business of construction

so have a blue print of the same with me.



RESEARCH METHODOLOGY

The primary source of data is questionnaires as part ofthe survey. This data forms the backbone of the

analysis of the respondent’s requirements.

The secondary sources of the data is the company’s websites and manuals. This mainly provided

information about company’s profile. This helped in

gaining knowledge about the industry.

The sample size for the survey related to customer. The sampling technique to be used is convenience

sampling.

TOOLS TO BE USED : Graphs & - Pie- Charts



LIMITATIONS

Time constraint.

The sample size was not sufficient. Respondents did not provide the

accurate information due to

hesitation.



WHAT TYPE OF PROPERTY YOU ARE

INTERESTED IN?

Out of the total sample of 100, more than half of the respondents are

interested in residential flats . Also 24% of them are interested in residentialplot. Whereas only 23% of the total respondents are interested in

commercial plot or commercial shop. Thus reinforcing the above stated

point that the demand for residential flats exceeds the commercial flats .

TYPE OF PROPERTY PEOPLE ARE INTERESTED

IN

24%

15%53%

8%

Resedential

Commercial plot

Resedential flat

Commercial shop

WOU D YOU PREFER A P OT ADMEASURING



WOULD YOU PREFER A PLOT ADMEASURING

AREA 100 Sq. Yrds. IF MADE AVAILABLE AND

DEVELOPED

As per the diagram above it can be seen that 80 % of thetotal respondents are interested in owning a flat in

residential complex whereas only 20 % of the respondents

says that they have no interest in owning the flat in

residential complex

OWN A FLAT IN RESEDENTIAL COMPLEX

80%

20%

Yes

No



IF YES WHAT PRICE WOULD YOU WILLING

TO PAY FOR THE PLOT IN LAKHS?

This represents as to what percentage of employees are willing to pay for the plot within the

range specified .As per the above diagram half of the total respondents are willing to pay

between 5 to 10 Lakhs Per acre of land offered to them whereas 25 % of the respondents

can even pay between the price range of 10 to 20 Lakhs. While only 15 % are ready to pay

a price that can lie between 21 to 40 Lakhs. 10 % of the respondents are even willing to pay

even a price ranging between 40 Lakhs to 1 crore.

PRICE WILLING TO PAY FOR THE PLOT Size 100 sq mts

50%

25%

15%

10%

5 to 10

10 to 20

21 to 40

>1 Crore



DO YOU WANT ADD ONS LIKE UTILITY SHOPPING

COMPLEX INCLUDING A MOTHER DAIRY OUTLET,

PROVISION STORE, CHEMIST SHOP, CLUB, GYM,

SWIMMING POOL,SPA,ETC.,

According to the diagram above, 70% of the total respondents

want to add ons like utility shopping complex including a

mother dairy outlet, provision store, chemist shop, club, gym,

swimming pool, spa, etc.

UTILITIES ADDONS NEAR THE FLAT

70%

30%

Yes No



WHY DO YOU PREFER A FLAT?

According to the diagram above, 35% of the total respondents

prefer flat for security purpose , 20% of respondents prefer flat

for economy / affordable

PREFER A FLAT

25%

35%

20%

20%

ECONOMY/AFFORDABLE SECURITY COMMON FACILITY COMMUNITY LIVING



FINDINGS People are interested for more of residential flats rather than

commercial plots or shops

While constructing the flats certain factors need to be kept in

mind as these are the major reason for preferring flats in

comparison to residential plots. There is a high requirement forthe various addons that shall be provided to the people along

with the flats

People are also ready to pay between 25 to 35 lakhs for a two

bedroom flat, if addons are provided whereas for a threebedroom flat they are willing to pay within the price range of

51 to 60 lakhs .

Now since we have found out the requirement for the

residential flats, the next step is to find out the cost of the flat.



SUGGESTIONS

The promoter Bedi Enterprises has borrowed money from the

market for the purchase of land and this was at very high rateof interest.

The development charges and infrastructure has to be made

upfront where as the recovery will come only at the time ofallotment of flats.

Even the borrowing amount charges from the prospective

buyers would not be sufficient to meet development charges

and material purchase charge such as Bricks, Steel, Cement,etc.

Since all the revenue will be a different income more than the

actual cost incurred the interest charges to be borne become

critical.

bedi enterprises

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