(BBA) BRAND POSITIONING OF SAHARA CITY HOMES IN LUCKNOW VIZ, COMPETITOR SCENARIO OF REAL ESTATE BUILDERS SAHARA CITY HOMES, LUCKNOW
SUBMITTED BY: DHIRENDRA KUMAR PANDEY ROLL NO. 982101014 BBA Vth SEM
In the partial fulfillment of the requirement for the award of the degree of
LUCKNOW UNIVERSITY,LUCKNOW
LUCKNOW PUBLIC COLLAGE OF PROFESSIONAL STUDIES VINAMRA KHAND GOMTI NAGAR LUCKNOW
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ACKNOWLEDGEMENT
Dedication and devotiom of the reasercher aided or backed by the guidance, support and encouragement of a guide is required to attain the specified objectives. My Reaserch project report is not exception to this. For this research project, I have been fortunate enough to have Assistance, co-operation and blessings of a few but valuable persons. All they have played a Decisive role in helping me out to prepare this research project report a worthwhile one. I owe a good deal of indebtedness towards Mr.Ram Kumar Yadav (Manager of Sales Department Sahara Prime city Limited), Mr.Amit Srivastav (Assitant Sales Manager of Sahara Prime City Limited) For guiding me at each and every step of cretive process of the research and for providing me necessary information and advice during the training period. I also thank my parents,relatives as well as my friends, who assisted and help me directly or indirectly, during the creative process of the project. Although enough care has been taken during the prepration of the project, I take the blame for the any residual error, if any in this project. Before coming to an end I would like to express my gratitude and regards to those who have been kind enough to help me in the completion of this project. I owe deep debt of gratitude to all my faculty members of BBA.
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PREFACE
At Lucknow Public collage of Professional studies Programme has been designed keeping in mind require of company in the word at large. Our programme is in collaboration with Infrastructure&Housing Real estate India. For Fulfilling the specific needs of Real estate. We the students of Lucknow Poblic College of Professoional Studies are required to under go 45 days company project study after completing v sem, Where the students have to Prepare aProject Report during a Particular Field/ area of specialization. Then the students have to give Presentation of their 45 days traning Project Reports to the panel of Faculty. The objective of the traning modules is to help the students to under the business environment well and equip us with the work culture of companies in the Present area.
INDEX
Acknowledgement Preface Introduction Research Methodology Result accepted Conclusion References Bibliography
1.Dhirendra kumar pandey,student of B.B.A. Vth semester Lucknow Public Collage of Professional Studies, Vinamra Khand Gomti Nagar Lucknow.Lucknow University (Batch 2009-2012) Roll No. 982101014 I here by declare that the summer traning Project entitled Brand positioning of sahara city homes in lucknow viz, competitior scenario of real estate builders is the outcome of my own original work and the same has not been submittedto any institution/university or for the award of any degree or any professional diploma.
Date:Place:-
DECLARATION
I Dhirendra Kumar Pandey have done my 45 days (13th June to 03 august) of Project Traning on BRAND POSITIONING OF SAHARA CITY HOMES IN LUCKNOW VIZ, COMPETITOR SCENARIO OF REAL ESTATE BUILDERS During my Training with Sahara City Homes, Lucknow, I was able to enhance my knowledge to large extent in the field of Selling. The objective of this Project is to find out a customer can be made satisfied and delight with our offering and whar are the ares of improvement.This Project shows that how the survey has been conducted and also how the data has been analysed. On the whole this report the importance of customer the importance satisfaction with the product and services,that how asatisfied customer makes purchase again.
Executive Summary
The aim of this project was to analyze the competitors on Brand Positionong at Sahara City Homes in Lucknow. To achieve thus objective have Prapared a Questionnaire gets it filled by the competitors at Sahara city Homes according to the competitors visiting and Hoardings and News Paper advtisements. At presents the competitors of Sahara City Homes are Ansal Propertise and Infrastructure,Omaxe, Rohtas plumeriya, Parsvanath, Eldeco, Lucknow Development Authority. The whole research was devided in to following points. 1. To segment the Builders according to their competitors on Flats and Price. 2. To chek out the awareness of competitors about the Flats and Promotional activities of Sahara city Homes 3. To analyse the Feedback & Responses Receive From the customers to conclude about their purchasing behaviour.
OBJECTIVE
1.To analyze the customer perception about the sahara city homes. 2. To see through the execution of promotional activities starting with sahara city homes formal & legal sale. 3. To know customer profie visting the sahara city homes. 4. To analyze the offers of competitors like Ansal & omaxe operating in different builders in the city. 5. To find out the area from where most of the customer purchase a home. 6. To analyze the competitors scenario in Real estate Buildrs in Lucknow
INTRODUCTION
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SAHARA INDIA
Sahara Indian is a major Indian corporate group with diverse business interests that include: Finance, Infrastructure&Housing, Media&Entairtenment,Tourism&Hspitality, Consumables, Manufacturing and Services&Trading. The goup was founded in 1978 by Subroto Roy,with a capital of Rs.2000, and Today Sahara India has an asset base of over Rs. 50,000 crores. Business Interests of Sahara India
1. Finance: In the field of finance, Sahara Group has interests in parabanking, life
insurance, mutual funds, and housing finance. Parabanking:Shara India Financial Corporation Limited is Indias largest mobilization company in the private sector with the highest yearly deposit. It is the first RNBC to be granted a certificate of registration by the RBI. Life Insurance: Shara India Life Insurance Company Ltd is the first holly IndianOwned Life Insurance Company in the Private Sector. Mutual Fund: Shara mutual fund was established in2005.Presently,it offers 7 schemes:3 Equity schemes & 4Debt schemes. Housing Finance: Sahara Housing Finance Corporation Limited was foundeed in August 2002 .It commenced Lending in May 2004. the Company has four rergional offices in kolkata, Asansol, siliguri, Lucknow, Gorakhpur, Pune, Hyderabad, Vijaywada and Mumbai.
2.Infrastructure & Housing: Sahara Infrastructure&Housing is India s largest realtor.It offers broad range of houses, commercial & retail spaces,offices spaces and luxurious penthouses & villas. The company is building townships in 217 cities all over India. 3. Media&Entairtenment: Sahara Group has ineresta in television,cinema and news paper. The group has an entertainment channel called sahara One and a news channel by the name of sahara samay. Sahara One Motion pictures is Hindi cinema production house with over 50 films in various stages of production. The group also publishes English, Hindi, and Urdu newspapers. 4. Consumer Products & Retail Chain: Shara India offers a range of consumer products and is developing one of the largest retail chains in India under the brand name Sahara unique. Its Product range include: Fashion & Lifestyle Products, Clothing, Jewellery etc. 5. Manufacturing: Shara India is into jute manufacturing and development of handicraft industry. 6. Services & Trading: Sahara has one of the largest V-SAT network called Sahara Net. It has an extensive 6000 strong branch network with 24-hour on-line satellite connectivity. Sahara Care House offers a host of attractive services to the dependents of NRIs in India.
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Entrance Gate Bharat Mata naman Sthal Hospital School Mall & Multiplex Hotel with club Wave Pool Exclusive club Central park Highrise Apartments Midrise Apartments Independents Houses Club & community centre Secure Boundary Wall
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BRAND POSITIONING
Brand Positionong refers to target customers reason to buy your brand in preference to others. It is ensures that all brand activity has a common aim; is guided, directed and delivered by the brands benefits/reasons to by; and it focuses at all points of contact with the consumer. Brand Positionong must make sure that: Is it unique/distinctive vs. competitors? Is it significant and encouraging to the niche market? Is it appropriate to all major geographic markets and businesses? Is the proposition validated with unique, appropriate and original products? Is it sustainable can it be delivered constantly across all points of contact with the consumers? Is it helpful for organization to achieve its financial goals? Is it able to support and boost up the organization? In order to create a distinctive place in the market, a niche market has to be carefully chosen and a differential advantage must be created in their mind. Brand positioning is a medium through which an organization can portray its customers what it wants to achieve for them and what it wants to mean to them. Brand positioning forms customers views and opinions. Brand Positioning can be defined as an activity of creting a brand offer in such a manner that it occupies a distinctive place and value
in the target customers mind. For instance-Kotak Mahindra positions it self in the customers mind as one entityKotak-which can provide customized and one-stop solution for all their financial services needs. It has an unaided top of mind recall. It intends to stay with the proposition of Think Investments, Think kotak. The positioning you choose for your brand will be influenced by the competitive stance you want to adopt. Brand Positionong involves identifying and determining points of similarity and difference to ascertain the right brand identify and to create proper brand image. Brand Positioning is the key of marketing strategy. A strong brand positioning directs marketing stratregy by explaining the brand details, the uniqueness of brand and its similarity with the competitive brands, as well as the reasons for buying and using that specific brand. Positionong is the base for developing and increasing the required knowledge and perceptions of the customers. It is the single feature that sets your service apart from your competitors. For instance-Kingfisher stands for youth excitement. It represents brand in full fight. There are various positioning errors, such as1.
under Positioning- This is a scenario in which the customers have a blurred and unclear idea of the brand. Over Positioning- This is a scenario in which the customers have a confused opinion of the brand. Confused postioning- This is a scenario in which the customers have a confused opinion of the brand. Double Positionong- This is a scenario in which customers do not accept the claims of a brand.
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3.
4.
BUILDERS IN LUCKNOW
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1.SAHARA CITY HOMES 2.ANSAL PROPERTIES & INFRASTRUCTURE 3.ELDCO 4.OMAXE 5.ROHTAS PLUMERIYA 6.PARSVANATH 7.LUCKNOW DEVELOPMENT AUTHORITY(LDA)
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RESEARCH METHODOLOGY
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Concept of Research
Research in common paralance refers to a search for knowledge One can also define research as a scientific and systematic research for pertinent information on aspecific topic. In fact research is an art of scientific investigation. The Advance Lerarners Dictionary of Current English Lays down the meaning of research as A care ful investoigation or inquiry especially through search for new facts in any branch of knowledge.
Definition
According to Redman and Mory, Reseach is systematized effort to
gain new knowledge.
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TYPES OF RESEARCH
(ii) (iii) Pure Research Applied Research Problem Solving Research Problem Oriented Research Descriptive Research Exploratory Research Surevey of Litrature Experience Survey Case Study Historical Research Experimental Research Ex-Post-Facto Research Quantitative versus Qualitative Conceptual vs. Empirical Some Other Types of Research
(iv) (v)
(i)
(ii)
(iii)
(iv)
identify the hypothesis which may serve as a guide for further investigation. Experience Survey:- A small portion of existing knowledge and experience is put into written form. Everyday Experience provides opportunity to obtain information required to formulate hypothesis. Case Study:-The focus may be on individuals or situations or groups or communities. The method of study may lay stress on the
examination of the existing records. It may be unstructured interviewing or participant observation or some other approach.
(v)
(vi)
(vii)
(ix)
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(x)
RESEARCH APPROACHES
(i) (ii)
(i)
Quantitative Approach Qualitative Approach Quantitative Approach:-The quantitative approach involves the generation of data in quantitative form, which can be subjected to rigrous quantitative analysis in a formal and rigid fashion. This approach can be further sub-classified into inferential, experimental and simulation approaches to research. The purpose of inferential approach to research is to form a database from which to infer characterstics or relationships of population. Qualitative Approach:- Qualitative Approach to researchis concerned with subjective assessment of attitudes, opinions and behaviour. Research in such a situation is a function of researchers insights and impressions. Such an approach to research generates results either in non quantitative form or in the form which are not subjected to rigorous quantitative analysis. Generally, the techniques of focus group interviews, projective techniques and depth interviews are used.
(ii)
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RESEARCH DESIGN
Meaning and Definition of Research Design A research project conducted scientifically has a specific framework of research from the problems identification to the presentation of the research report . This nframe work of conducting research is known as the research design. A research design is simply the frame work or plan for a study that is used as a guide in collecting and analyzing the data. It is blueprint that is followed in completing a study. According to Kerlinger, Research design is the, plan structure and strategy of investigation conceived as to obtain answers to research questions and to control variance.
(2)
RESEARCH TOOL
Questionnaire was used by me to collect the information.
RESEARCH DURATION
The research was conducted over duration of 45 days 13th june to 03rd august 2011.
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BUILDERS
APARTMENTS, BUNGLOWS, HOUSES PRICE PER SQARE FIT
1.SAHARA CITY HOMES-3300Persqfit 2.ANSAL PROPERTIES & INFRASTRUCTURE-3000Persqfit 3.ELDCO-3400Persqfit 4.OMAXE- 1400Persqfit 5.ROHTAS PLUMERIYA-3100Persqfit 6.PARSVANATH-2400Persqfit 7.LUCKNOW DEVELOPMENT AUTHORITY(LDA)1625Persqfit
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Omaxe
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Conclusion
Omaxe Price is the Very low of the competitors of Builders, and Eldeco Price of the very high price of the competitors in Builders.L.D.A. was the also Price comparing of Omaxe in Lower Price of the Builders. High price of Eldeco was comparing in sahara city Homes and Rohtas Plumeriya and Ansal.
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Specifications
Dining Rooom&Living Room&Bedroom& Balconies-Vitrified Tiles Master BedroomLaminated Wooden Floaring Kitchen&Toilet& Servant Room& Servant Toilet-Matt Finish anti-skid Ceramic Tiles
Amenities&Fcilities
Price
Parking
Bharat Mata Naman Sthal,Hospital, School, Mall& Multiplex, Multi level Security, Central Park, Hotel With Club, Transport Services, ClubsandCommunity, Centre,BroadBand Connectivity,Sahar a Care House
Row Houses3100/-per sq.ft Meridian: Independe nt Houses 3316/-per sq.ft Bungalos14400000 Persq.ft
Open75000 Covered150000
PLC
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Corner20% Developers Name/ Contact Numbers Omaxe Limited Project Name Omaxe City Omaxe Height Omaxe Reeside Ncy Specifications Driwing/Dining& Bedroom-Voitrified Tiles Kitchen&Bathroom& Balconies-Anti Skid Ceramic Tiles
Amenities&Fcilities Childrens Play Ground Beautifully Landsca ped Central Park With Water Bodies
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Specifications Living/Dining&Bedr ooms-Vitrified Tiles Master BedroomLaminated Wooden Kitchen&Toilets& Balconies/TerracesAnti-Skid Ceramic Tiles
Amenities&Fcilities Club'Oasis' Freedom Mall Children's Play Area Golf Putting Green Fragrance Garden Central Green Shallow Pond Playing Courts
PLC
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33 Developers Name/ Contact Numbers Ansal Properties& Infrastructure Project Name Sshant Golf City Specifications Living/DiningVitrified Tiles BedroomsLaminated Wooden Floaring Kitchen&ToiletsNonSkid Ceramic Tiles
Amenities&Fcilities Ansal Institute of Technology&mgmt. G.D.Goenka Public School Ansal ISKCON Spirit tual Centre,Health Se rvice,Meditation Hall
PLC
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20%
34 Developers Name/ Contact Numbers Parsvnath Developers Limited Project Name Parsvnat h Planet 10acer Parsvnat h City 36acer Specifications Planet-Master Bedr oomWooden Floaring Splita.c.Vitrified Tiles City-Master Bedroom Not Wooden Floaring Non a.c.
Parking Amenities&Fcilities Internal Plumbing Fixture Plumbing Power Back up Price Covered 1625/per sq.ft Parking70000
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Specifications Living,Dining&Lobby/ Passage-Vitrified Tiles Master BedroomWooden Laminated Balconies,Kitchen, Toilets-Anti Skid Ceramic Tiles
Amenities&Fcilities Gas Connection Free Round the Clock Security Piped gas Supply
PLC
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22 to25%
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ADVERTISEMENTS
OF BUILDERS
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ADVERTISING
Definition of advertising:Advertising is the nonpersonal communication of information usually paid for and usually persuasive in nature about of products, services or ideas by identified sponsors through the various media. Advertising is the provides maximum information the product to the prospective customer.Prospective customer get attracted towards the product which increases sales.
ADVERTISING MEDIA
The most brilliant and original advertising ideas will be wasted if they are not presented through the right media in the right place at the right time to the right people.Hence, the selection of right media is important for the objectives of advertising. An advertising media is a means or vehicle of delivering adefinite message. It is amode through which an advertising message or information is passed on to the prospective customers, readers, viewers,listeners or passes by.
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Press advertising media Outdoor & mural advertising media Direct mail advertising media Broad cast advertising media Promotional advertising media Misslineous advertising media
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Direct mail advertising mediaPrice List Book lets Gifts Novelty Personal letter
Misslin eous advertis ing mediaCinema Adverti sing Video Adverti sing
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5Ms of Advertising
(a) (b) (c) (d) (e) Mission:- Goal (why to advertise) Money:- Finance (how much to invest in advertisement) Message:- Content (what to advertise) Media:- Medium (how & where to advertise) Measurement:- Mass (for whom to advertise)
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Ansal API Dainik Jagran 29-4-2011 Half Page 12-4-2011 Fullpage 09-04-2011 Hal Page 05-03-2011 Full Page 19-02-2011 Full Page 03-02-2011 Half Page 26-02-2010 Half Page 13-02-2010 Half Page 30-01-2010 Half Page 15-10-2009 Quarter 27-09-2010 Quarter 18-09-2009 Quarter 25-04-2009 Half Page
Plumeria Rohtas Times Property 26-3-2011 Quarter 26-1-2011 Quarter 22-1-2011 Quarter 1-1-2011 Quarter 20-2-2010 Quarter 11-12-2010 Quarter 20-11-2010 Quarter 4-9-2010 Quarter 14-8-2010 Half Page 19-6-2010 Half Pge 29-5-2010 Quarter 13-3-2010 Quarter 30-1-2010 Quarter 28-11-2009 Quarter 14-11-2009 Quarter 10-10-2009 Quarter 19-9-2009 Quarter
Omaxe Residency Dainik Jagran 9-4-2011 Full Page 6-3-2011 Full Page 13-3-2011 Half Page 21-2-2011 Half Page 9-5-2010 Half Page Lucknow Times 18-8-2010 Half Page
Amrapali Group Silicon City Dainik Jagran 20-2-2010 Half Page 13-2-2010 Half Page
19-3-2010 Quarte
JayPee Group The Times of India 13-12-2008 Half Page 21-12-2008 Full Pge 15-5-2010 Full Page
14-02-2009 Half Page 28-02-2009 Half Page 17-01-2009 Half Page Times Property 30-4-2011 Half Page 12-4-2011 Half Page 9=4-2011 Half Page 3 7-5-2011 Half Page 14-11-2009 Half Page 4-10-2009 Half
Eldeco Eternia Lucknow Times 25-5-2011 Quarter 8-4-2011 Quarter Times Properties
28-8-2010 Full Page 14-8-2019 Full Page The Times of India 4-10-2009 Quarter Dainik Jagran
4-10-2009 Quarte 26-9-2009 Quarte 5-9-2009 Full Pag The Times Of Ind 20-9-2009 Quarte
Page 25-5-2009Full Page 13-9-2008 Half Page The Times Of India 23-10-2009 Half Page 21-9-2009 Quarter 24-5-2008 Half Page 23-2-2008 Half Page 17-1-2008 Half Page Rashtriya Sahara 31-3-2010 Quarter 31-12-2009 Full Page 31-1-2009 Half Page 22-5-2008 Half Page 13-2-2008 Half Page
19-12-2010 Quarter Dainik Jagran 29-5-2010 Half Page Eldeco City Dainik Jagran 24-6-2009 Half Page 9-7-2010 Half Page Lucknow Times 7/3/2011 Eldeco Saubhagyam Times Property 30-4-2011 Full Page
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2009
Omaxe
Eldeco
2010
Ansal Eldeco
Omaxe
2011
Ansal Omaxe
Plumeriya Rohtas
Eldeco
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QUESTIONNAIRE
Through questionnaire method following data was called. i. Primary Data Collection ii. Secondary Data Collection The questionnaire was prepared an consultation with the Marketing Department of Sahara City Homes. Competitors fill questionnaires which contains multiple options with each questions.
1. What is the Name of Develoer. 2. What is the Name of Product. 3. What is the types of Products. 4. What is the Rate of per s.q. fit. 5. What is the size area of township. 6. What kind of fascilities & amenities you are provided in your customers. 7. What is the Parking Charges (open&covered). 8. What is about P.L.C.(Preferred Location Charges)if is that. 9. O.T.M. One Time Maintanance. 10. Loading -Super area -Lift
CONCLUSION
1. Sahara City Homes Project is the very good fascilities are provided in customers. 2. Sahara city homes Competitors are an Ansal Properties & Infrastructure 3. Sahra City homes is the Specification are very good 4. Sahara city Homes is Proved in Best Fascilities another Competitors 5. Sahara City Homes Was the very Best of the Housing 6. Sahara city Homes another Fascilities are very best to the customes
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BIBLIOGRAPHY
Marketing Management Philip Kotler Research Methodology K.C. Kothari Advertising management karunakaran
WEBSITES
WWW.GOOGLE .COM WWW.WIKIPEDIA.ORG WWW.SCRIBD.COM WWW.LDA.COM WWW.ANSAL.COM WWW.OMAXE.COM WWW.PARSVANATH.COM WWW.PLUMERIYA ROHTAS.COM WWW.ELDECO.COM WWW.LUCKNOW BUILDERS.COM WWW.REAL STATE BUILDERS IN LUCKNOW .COM
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