Presentation

on Summer
Training

Presented by:
Rajveer Singh Panwar
 Introduction

Presentation on Project of two months Summer

Training at the Ambuja Realty Development Ltd.
for completion of the PGDM from Aravali
Institute of Management.
 Industry Overview
 The term "real estate" refers to the land and fixtures together,
as distinguished from "real property," referring to ownership
rights of the land itself
 The real estate sector in India is flourishing rapidly with a
growth rate of 30% each year.
 About 80% of the real estate development in India has been in
the field of residential housing.
 The remaining 20% of the real estate includes office, shopping
malls, entertainment centers, hotels, multiplexes and hospitals.
 India’s booming outsourcing business industry and
consumption-led growth are contributing significantly to its real
estate growth
Some kinds of real estate businesses
include:

 Brokerages: Assisting buyers and sellers in transactions

 Development: Improving land for use by adding or replacing
buildings
 Property management: Managing a property for its owner(s)
 Relocation services: Relocating people or business to a
different country
 Company Overview

Ambuja Realty Group

 Promoted as a joint enterprise between West Bengal Housing

Board (WBHB) and Gujarat Ambuja Cements Ltd (GACL),
Ambuja Realty is now a joint venture between WBHB and
Ambuja Housing and Urban Infrastructure Company Limited
both enjoying equal equity participation
 The Company was incorporated in the year 1993 to
supplement the efforts of the Housing Board to meet the
housing demand in West Bengal over all levels of the society
 Currently, the Ambuja Realty group is being led by Shri
Harshvardhan Neotia under the guidance of group patriarchs
Shri Suresh Neotia and Shri Vinod Neotia
 Vision & Mission

Vision
Our dream is to build homes, not just for a selected few
but for everyone. Affordable homes built on strong
foundations, to bring you closer to nature, to happiness,
and to yourself.
Mission
To make a difference to the way people live, by creating
homes that are more than four walls, homes that are part
of a neighborhood which encapsulates the essence of
our society.
 Ambuja Realty Group
 Bengal Ambuja Housing Development Ltd
 Ambuja Realty Development Ltd
 Ambuja Housing and Urban Infrastructure Co. Ltd
 CGL Hotel & Resort Co. Ltd.
 Ganapati Parks Ltd.
 Park Hospitals
 Bengal Ambuja Metro Development Ltd.
 Choicest Enterprises Ltd.
 Bhagirathi Greenfield Real Estate Ltd.
 Udayan Greenfield Developers
 Neotia Elbit Hospital Venture Ltd.
 AIPL Ambuja Housing & Urban Infrastructure Ltd.
 Overview of The Ffort

 The Ffort is a vision of the Managing Director,

Mr. Harsh Vardhan Neotia. Opened in 1997 as
a landmark in West Bengal
 Today it proudly stands as a piece of art amidst
60 acres of landscaped greenery against the
backdrop of the river Hooghly and a stroke of
blue skyline beyond.
 The resort is constructed on an old fort theme.
Cont…..

 Consisting of 60 luxury rooms and 2 suites, it

offers all facilities for conferences & leisure.
 Project Title

To study the various policies/practices of the company

and find out ‘The Ffort Raichak’ employees’ satisfaction
level regarding the policies of the company.
 Objective

 To understand the various policies/practices of

the company.
 To find out the employees satisfaction regarding
the policies of the company & suggest any
recommendations if required.
Employee Satisfaction Survey

 Tofind out whether the employee are aware

about the policies of the company.

 Tofind out their satisfaction level and take their

opinion regarding the policies

 Tosuggest any recommendations if required

according to the data collected.
Research Methodology

 Research Type : Quantitative

 Data Universe : Total Staff of the TFR

 Sample Size : 50
Cont….

Data Collection Tool

 Primary Data : Questionnaire

Interactions with employees
 Secondary Data : Corporate Manual
Books & Websites
Leave Rules for Staff

U.S. 0%
A H.U. 0%
16% H.S.
31%

S. Leave Travel Assistance

53%

H.U.
U.S.
0% H.S.
14%
31%

26%
 TA/DA/Local Convince Policy

H.U.
U.S.
2% 4% H.S.
A
24%
20%
Mobile Phone Policy

H.U.

H.S.
S. 10%
50% 24%
U.S.

28%

S.
31%
7%A
Motor Car Policy

H.S.
H.U.
U.S. 4% 0% S.
21% 29%

Housing Loan Interest Subsidy Allowance Policy

A H.U. H.S.
46% 23%
23%

U.S.
20% S.
A 32%
2%
 Policy on Wedding Gift

H.U.
U.S.
6% H.S.
18%
49%

A
Discount to Employees for treatment in BNWCCC
9%
S.
18%
U.S.
H.U.
A 2%
0% H.S.
13%
33%

S.
52%
 Policy on Transfer TA Rule

U.S. H.U.
H.S.
11% 0%
19%
A
24%
Health Check up at BNWCCC

U.S. 0%
S.
46% A H.U. 0%
H.S.
21%
31%

S.
48%
Discount to employees in various company’s outlet

H.U.
U.S.
0% H.S.
17% 24%

A
17%
Training & Development Policy

S.
42%
U.S. H.U.
7% 2% H.S.
A
22% 39%

S.
30%
Recruitment Policy

H.U. H.S.
U.S. 22%
7%
9%

Joining Policy
A

22%
H.U.
S. U.S.
40% 0% H.S.
12%
A 23%
14%

S.
51%
Policy on Induction of New Employee

H.U.
U.S.
0% H.S.
13%
27%
A
18%

Deputation Allowance Policy

S. H.U.
42% U.S.
5% 0% H.S.
A 29%
26%

S. 40%
Policy on Inter/Intra Department Transfer

H.U.
U.S.
4% 2% H.S.
A 24%
24%

Policy on Salary Advance

S.
46%
H.U.
H.S.
6% 17%
U.S.
23%

S.
33%
A
21%
Policy on Full & Final Settlement on separation of Employee

H.U.
U.S.
7% 0% H.S.
A 24%
28%

Med claim Coverage Policy

U.S. 0%
S. A
41% H.U. 0%
13%
H.S.

43%

S.
44%
Policy on Reimbursement of account of Late Sitting

H.U.
H.S.
U.S. 12% 28%
7%

A
Policy on Uniform to Drivers & Office Assistance
16%

S.
37%

U.S. H.U.
7% H.S.
4% 22%
A
22%

S.
45%
Policy on Summer Vocational Training

U.S. 0%
A H.U. 0% H.S.
26%
35%

Policy on Visiting Cards to Executive

S.
39%
H.U.
U.S. H.S.
0%
18% 21%

A S.
36% 25%
Findings

 90% of the staff was not aware of the policies of the

company.
 The HR-policies of the company covers mainly the
payroll staff under the various policies while the
FTC staff is not covered under 45% of the policies.
 56% of the total staff is FTC staff, while they are
not covered under the various policies of the
company.
 30% of the staff is outsourced to the KDSP
company.
 43% of the staff comes under the payroll staff.
Cont….

 56% of the total employees are satisfied by

the policies of the company.
 The rate of attrition in the unit is near about
30% - 35%.
 Employees in the unit get a leave, that is
compensatory off, this leave is provided as a
compensation to the employees for their
work on off days.
Suggestions

 There should be a provision for FTC Staff, those who has

completed three years of regular services with the
company should be considered under the payroll staff of
the company.
 To motivate the employees the company may adopt the
incentive payment scheme.
 The organization should organize more training sessions
or should send the employees to various
workshops/training sessions to get better understanding
about their project
 Employees should be awarded by the
management on the annual meet for the
following and certificates should also be given
2. Best Performer of the each Department
3. Best Employee of the Year

 Proper Induction/Orientation of the employees

should be conducted so that he/she gets
familiar with the organization & its work.