Premium Essay

Construction Materials Price for Housing Problems


Submitted By Haleta
Words 7876
Pages 32

1.5.1. DATA SOURCE 6
CHAPTER TWO 8 2. REVIEW OF LITRATURE 8 2.1.MATERIALS MANAGEMENT 8 2.2. OBJECTIVES OF MATERIALS MANAGEMENT 9 2.3. PRICE DETERMINATION 10 2.4. INFLATION 13 2.5. HOUSING THE POOR 13 2.6. Integrated Housing development program 17 2.7. Hawassa city housing development project office 19 2.8. Different type of houses and price of transferring 20
CHAPTER THREE 21 3. DATA PRESENTATION, ANALYSIS AND INTERPRETATION 21 3.1. Beneficiary (dwellers) characteristics (sample population) 21
3.2.3. PRICE OF HOUSES AND THE FACTORS THAT AFFECTS THE PRICE OF HOUSES ………………………………………………………………………………...26
4.2 RECOMMENDATION --------------------------------------------------------------------- 34
Bibliography………………………………………………………………. 36
Appendix I …………………………………………………………… 37
Appendix II ………………………………………………………… 38

Ethiopian urban centers face a number of socio-economic problems. Unemployment, poverty, weak economic base, growing housing problem and slum dwelling with a weak

Similar Documents

Premium Essay

Accommodation Preferences

...houses are built every year to fulfill the demand of rising population and economy activities. According to (2011), Malaysia has been undertaking a sustainable economy growth throughout decades, with GDP (Gross Domestic Product) growth of 1.17 percent from 2000 until 2011, achieving an historical high of 5.90 percent in September 2009. Property developers found the potential in property development in Malaysia fascinating due to geographical reality of Malaysia, which provides great opportunity and potential to the housing industry. It is essential to distinguish the factors that affect housing construction costs in Malaysia with the aim of minimizing the construction costs, besides of discovering actions to reduce the high cost of housing. Various authors and the ways to develop alternative building materials to produce cheaper and durable homes have discussed the latter severally. 1 1.2 Background Real Estate and Housing Developers Association (REHDA), the main governmental body responsible in property development industry in Malaysia, has initiated on 13 October 2000. This organization plays an important role in ensuring the relevant authorities and government agencies respect the developers’ views regarding industry. Table 1.1: Number of REHDA Members by state (REHDA, 2011) State Kuala Lumpur Selangor Negeri Sembilan Melaka Johor Perak Kedah Kelantan Pahang Penang Terengganu Number of Company 114 252 47 70 105 100 80 30 63 79 18 Property...

Words: 10875 - Pages: 44

Premium Essay

Real Estate Finance in Bangladesh 2014

...Bangladesh”.In this report we have examined detail study of East West Property Development (Pvt) Ltd. and Eastern Housing Limited. In making the study, we had to take help from the various sources of internet, class lectures of our course teacher and have visited one of the branches of Eastern Housing Limited and get some vital information from a highly experienced manager. We are grateful to him for extending generous help. We acknowledge the contribution of our course teacher heartily. We have tried to use our academic knowledge in real life. We are pleased to be granted this vital opportunity and grateful for your versatile assistance. We hope that our work will please you. We will be available in the presentation for further explanations. Sincerely, ________________ K. M. Najmus Sakib On behalf of The Group Morning Stars Credit To prepare this report we met different people holding different positions in the corporate world, we also got special suggestions from our honorable course teacher. Our special thanks to following people. Farzana LalarukhAssociate ProfessorDepartment of FinanceUniversity of Dhaka | | EXECUTIVE SUMMARY Like any other country in the world, the housing sector plays vital roles both in the context of the economy of Bangladesh and serving the fundamental human right of shelter. Apart from providing physical shelter, housing may have significant impact on the lives of the dwellers in terms of skills enhancement, income generation...

Words: 7156 - Pages: 29

Premium Essay

Market Analysis

...nternship Report on Real Estate Business / Companies / Industries / Marketing / Development / Housing Association of Bangladesh ACKNOWLEDGEMENT Research for internship program is a very complicated job, especially for a student of MBA who is quite inexperienced in this field. A research project of this nature cannot be completed without active support from different sources. But it becomes easy to me after getting cordial help from the respectable teachers of the Marketing Department. I have been lucky in this respect to have received advice and assurance from many directions. I acknowledge the valuable feedback provided by various Real Estate Companies owner as well as consumer. The theoretical knowledge also helps me perform the project, which was taught by the experienced teachers of the department. So, I am very grateful to the teachers of the Marketing Department. A special mention of appreciation must go to my supervisor and teacher Dr. Dipongkor Roy, Professor for his sincere guidance and cordial assistance. His heartfelt help, experienced guidance and cordial inspiration will remain in my mind forever. I am also grateful to Dr. Narayon Bhowmick, Chairman, Department of Marketing, for their help. Finally, I would like to thank the students of Marketing Department for their cooperation. Sincerely, (Krantic Chandra) 1.1 INTRODUCTION Now a days, flat means own home, personal abode, as well as safe shelter. Because the residential facilities...

Words: 6048 - Pages: 25

Premium Essay


...Real Estate Finance F-409 Submitted To Farzana Lalarukh Associate Professor Department of Finance University of Dhaka Submitted By No Name Roll 1. Masud Ahmed 16-014 2. Khaleda Aziz 16-024 3. Akhter-E-Tamanna 16-102 4. Sameya Azad 16-152 5. Mohammad Mominuzzaman Bhuiyan 16-174 Date of Submission: 17-2-14 Date: 17-2-14 Farzana Lalarukh Associate Professor Department of finance University of Dhaka Subject: Submission report on “ Long Run Perspectives of Developer in Bangladesh” Dear Madam, We are pleased to submit the report you have assigned to us. The report paper was to prepare the term paper on the course named “Real Estate Finance” course code: F-409, as a part of our academic activities. Working on this report was a great opportunity for us to apply our theoretical expertise, sharpen our view and ideas. Finally, we are very thankful to you for giving us an effective topic to prepare our report and we are waiting eagerly for any kind of question you may have concerning our report. Sincerely yours On Behalf of our Group ………………………. Sameya Azad This is high time we conveyed our deepest gratitude and sincere submission to the Almighty ALLAH for giving us the opportunity to accomplish such an enjoyable task of preparing this report in time. We express our thanks to our dear course teacher Mrs. Farzana Lalarukh for assigning us a report dealing with the Real estate sector and...

Words: 7200 - Pages: 29

Free Essay

Cemex Case Study

...Section I The Market at the Bottom of the Pyramid CEMEX: Innovation in Housing for the Poor CEMEX is a multinational cement manufacturing company operating out of Mexico. It is the largest cement manufacturer in Mexico, the second largest in the United States, and the third largest in the world. The company has operations on four continents and recorded global revenues of $6.54 billion in 2002 with a gross margin of 44.1 percent. THE INNOVATION. . . CEMEX leads the paradigm shift of companies profitably providing housing for the poor, the Tier 4 population, instead of governments or not-for-profit organizations. CEMEX manufactures and sells raw cement, ready-mix concrete, aggregates, and clinker (used to make cement) under different brand names. As the largest cement company in Mexico, CEMEX operated in a highly protected legal environment with little competition until the 1990s. It competed mainly on price and controlled 65 percent of the market share in Mexico. However, during the 1990s, the legal barriers in Mexico broke down, paving the way for international competition. CEMEX found itself operating in a highly competitive open environment. Starting in 1987, under the leadership of Mr. Lorenzo Zambrano, CEMEX experienced explosive growth, mainly through acquisitions and global expansion. Today, the company has 235 cement and ready-mix plants in Mexico, 60 in the United States, 85 in Spain, 45 in Venezuela, 4 in Indonesia, and 4 in Egypt. In the new competitive arena...

Words: 7670 - Pages: 31

Premium Essay

Real Estate Investment in Bangladesh-2014

...cities in the world, according to the Economist Intelligence Unit. Similarly, foreign visitors are sometimes left aghast at how, in Malthusian terms, the capital of Bangladesh manages to survive. Yet this host city for the upcoming T20 Cricket World Cup has, some would say, not only survived but prospered in recent years. * * * * More On this topic * Jeans maker backs push on ethical factories * Jeans maker launches push on ethical factories * Rana Plaza collapse one year on * Death sentences deepen Bangladesh political hostility IN International Property * Cape Town — return of the trophy hunters * Bund and beyond — Shanghai’s riverfront market * Rise of London’s superhomes * Strong housing market puts Atlanta in a new light Sign up now FirstFT is our new essential daily email briefing of the best stories from across the web “If you brought a property in Dhanmondi [one of the most affluent residential areas in Dhaka] for 6.45m taka [$83,000] in 2005, that would have increased five or six times by now,” says Kazi Inam Ahmed, owner of Gemcon City, a new estate agency. In fact, Goldman Sachs has placed Bangladesh in the “next 11’” category after the Bric countries and its “Mint” (Mexico, Indonesia, Nigeria and Turkey) group as an emerging economy. Furthermore, from out of its bewildering, densely packed capital, properties are now starting to emerge that can match such aspirations. In the north of the city, modern blocks...

Words: 11250 - Pages: 45

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

Premium Essay

Effects of Banking on Alternative Construction

...Banking regulations limit lending for specific modes of affordable and green housing. A. Trent Richens (000331538) English Composition I (TBP1) Task 3 – Cause and Effect Essay 11/2/13 Western Governors University Banking regulations limit lending for specific modes of affordable and green housing. Banking regulations limit lending to specific types of housing, these regulations limit the ability to construct affordable and, greener types of construction, causing negative effects on the free market. An acceptable level of comfort in for life requires a small number of necessities: housing, sanitary facilities, education, employment, and food and water. Without these, life becomes miserable in a very short amount of time. For a vast amount of people around the world, home ownership is a dream, an ambition for life, that thing we’ve wanted since being a child. The security of having something that you can call your own and do what you want with, when you want with it appeals to most people. For many this dream will never become a reality, and for many others even once having it doesn’t mean they can keep it. The problem is todays housing is just not affordable. With all of the other demands that expense a person’s income it’s difficult to make this dream a reality. Financial policy drives the lack of affordable housing. Due primarily to the types of construction that can are fundable through the current financial system of lending the options are limited to less...

Words: 2139 - Pages: 9

Premium Essay

Advantages And Disadvantages Of Construction Methods also showed that 4 of the 5 developers who were part of the study had used construction methods that were not certified. Advantages found in the study were that these alternative construction methods were cost-effective on the part of developers, enhanced speedy delivery, and some construction methods were found to be easy to maintain. The disadvantages were the inability of the houses to resist extreme weather conditions, structural defects such as cracks that are not easy to repair in some materials, poor workmanship, and structures that are not compatible to future extensions (Mgiba, 2007: 16). Inadequate Material According to Metri, 2005 supplier quality management includes fewer dependable subcontractors, reliance on suppliers process control, strong inter dependence of supplier and customer, purchasing policy, emphasizing quality rather than price, supplier quality control and supplier assistance in quality development. Materials are often a major source of quality problems and affect buyer satisfaction. Instead of relying on tools such as acceptance sampling to establish the quality of incoming materials and component parts, it is preferable for constructors to purchase from a more limited number of qualified or certified suppliers....

Words: 1388 - Pages: 6

Premium Essay

Housing in Nigeria

... Of all the facets of human environment, a few influences a man’s life more than that of a house in which he seeks shelter, security, comfort and dignity. It is indeed where he begins and ends his days. Proper housing is an important need for every human being. Man’s proper utilization of his resources and economic wellbeing greatly depends on the type of accommodation he has been provided with. “a decently housed citizen is a more productive individual, a good housing scheme complimented by high environmental standard equates with less expense on public health, and less adverse social effect produces a higher gross national income figure for a country” . This is why it is generally accepted that good housing is a social index of a good government especially in developing countries like Nigeria should especially accept the provision of housing as a major social responsibility. Housing is a set of durable assets, which accounts for a high proportion of a country’s wealth and on which households spend a substantial part of their income. It is for these reasons that housing has become a regular feature in economic, social and political debates often with highly charged emotional contents(Agbola, 1998). All governments in Nigeria since independence highlighted housing as a major priority. Unfortunately for over 47 years of its independence, Nigeria is yet to develop a vibrant mortgage market and houses continue to be provided through the tortuous traditional method of buying...

Words: 3860 - Pages: 16

Premium Essay

A Comparative Analysis of Real Estate Companies in Bangladesh

...A Comparative Analysis of Real Estate Companies in Bangladesh: A Study on Advanced Development Technologies Ltd and Other Leading Companies ©Daffodil International University Library Page i A Comparative Analysis of Real Estate Companies in Bangladesh: A Study on Advanced Development Technologies Ltd and Other Leading Companies Prepared For Mr. Mohammad Masum Iqbal Assistant Professor Department of Business Administration Daffodil International University Prepared by, S. M. Sourav Batch: 22th ID # 091-11-675 Major in Marketing Program: BBA Faculty of Business & Economics Daffodil International University Date of Submission: 15th December, 2012. ©Daffodil International University Library Page ii Daffodil international universit Letter of Transmittal 15th December, 2012. To, Mr. Mohammad Masum Iqbal Assistant Professor Department of Business Administration Faculty of Business & Economics Daffodil International University 102/1, Sukrabad, Dhanmondi, Dhaka-1207 Subject: Submission of Internship Report. Dear Sir, I would like to submit my internship report on “A Comparative Analysis of Real Estate Companies in Bangladesh: A Study on Advanced Development Technologies Ltd and Other Leading Companies” for partial fulfillment of BBA program with specialization in Marketing. Especially I have interned on Business Development. My appointment is commencing on 18th July, 2012 and finished 17th October, 2012. It has been a greet contentment for me to have the opportunity...

Words: 8618 - Pages: 35

Premium Essay

Housing Report Market Survey in Nepal

...Introduction Housing is a basic need of every human beings, it provides security, pride and ownership. It has great significance in human life. One does not require shelter for protection against natural elements and hostile weather, but also for maintaining standard of family and society. It is one of the significant indicators of urban growth and economy of a particular city. Real estate is a legal term that encompasses land along with the improvements to the land, such as buildings, fences, walls and other site improvements that are fixed in location-immovable. Real estate is often considered synonymous with real property (also sometimes called realty), and housing is one component of real estate. Real estate covers both commercial and personal properties. Housing and real estate sector play an important role in overall economic growth, social uplift, and employment in the context of the rapidly expanding economies. Personal residences account for 75–90 percent of household wealth in emerging-market countries, which amounts to three to six times their annual income. Housing represents 15–40 percent of the monthly expenditure of households worldwide. Similarly, investment in housing accounts for 15–35 percent of aggregate investment, whereas housing construction and housing-related sectors constitute approximately 9 percent of the labor force worldwide (Nenova, 2010; Sarker, 2011). Housing companies may contribute significantly in employment generation and in developing...

Words: 2407 - Pages: 10

Premium Essay

Foreign Direct Investmeni (Fdi) in Housing Sector in Jordan

...INTRODUCTION Governments of all political leanings show an interest in their housing sectors, since housing touches people's lives directly. In socialist countries, governments take care of everything including housing. However, capitalist governments are also keen to improve their housing sectors. For instance, both Conservative and Labour governments in the United Kingdom have concentrated on housing at times of closely fought elections demonstrating how important politics has been to public housing investment. In the UK both Conservative and Labour parties attempt to draw as many voters as possible towards them at election time through highlighting this priority. However, despite this political attention to providing housing particularly in third world countries, several problems still face many countries such as providing infrastructures, education, and health care services and Jordan is one of these countries. One of the most important difficulties in Jordan is housing, which manifests itself in a shortage of housing as a result of insufficient finance where the expenditure ratio on housing in development plans decreased from 25.7% in 1970 to 9.1% in 1992 (General Committee of Planning, 1997). In addition, the General Council of Planning report highlights that there are also finance difficulties faced by the housing sector (General Council of Planning, 2002). This research deals with the housing problem in Jordan in general, and discusses in particular the estimation of supply...

Words: 26562 - Pages: 107

Premium Essay


...healthier since the substantialgrowth of population is creating a tremendous housing problem and due to theincrease in demand of commercial spaces this sector has come into being. This sector provides an integrated and planned package to resolve these problems. 1.1 Purpose This report briefly reviews on the RES in Bangladesh in recent years and recommendsfor both the real estate developers and the government policy of Bangladesh on RES. 1.2 Scope The RES has so far spread its wings over Dhaka, Chittagong, Khulna, Rajshahi andSylhet. This report focuses only on the flourishing of real estate business in Dhakaand the real estate developers which are members of Real Estate & HousingAssociation of Bangladesh (REHAB) especially the prominent ones. 1.3 Limitations This report has been prepared based on secondary data. Concentration of real estate business in Dhaka may not reflect equal urgency in other cities mentioned earlier.This report does not include some of the problems created by illegal and unfair practices of very few of the developers, which is damaging the image of this sector. 1.4 Assumptions Recommendations of this report are based on the assumptions that REHAB will prevail and RES will keep on flourishing rather than recede or retard CHAPTER 2: EMERGENCE OF REAL ESTATESECTOR IN BANGLADESH The concept of RES is developed to resolve the residential facility which is a big problem in a densely populated country like ours. Especially the cities whereunavailability...

Words: 7705 - Pages: 31

Premium Essay

Demand and Supply of Housing

...DEMAND AND SUPPLY FOR HOUSING The determination of prices in local and regional housing markets is a classic example of microeconomics in action! We are seeing the interaction between buyer and seller with prices being offered and agreed before a final transaction is made. In this section we focus on the demand and supply side factors that determine the value of properties in a market. Each housing transaction in the UK depends on a) The price that the seller is willing to agree for their property with the prospective buyer b) The actual price that the buyer is willing and able to pay. Buyers place offers for a property that the seller can either accept or reject A Sellers’ Market When the market demand for properties in a particular area is high and when there is a shortage of good quality properties (i.e. supply is scarce) then the balance of power in the market shifts towards the seller. This is because there is likely to be excess demand in the market for good properties. Sellers can wait for offers on their property to reach (or exceed) their minimum selling price. A Buyers’ Market Conversely when demand both for new and older housing is weak and when there is a glut of properties available on the market, then the power switches to potential buyers. They have a much wider choice of housing available and they should be able to negotiate a price that is lower than the published price. When the demand for houses in a particular area increases (perhaps because...

Words: 4176 - Pages: 17