Professional Documents
Culture Documents
Omaxe Customer Satisfaction 3
Omaxe Customer Satisfaction 3
ON
Batch 2017-20
Session 2019-20
[1]
[2]
CERTIFICATE
Place: Mathura
Date: ……………………
[3]
DECLARATION
Place: Mathura
Date: …………………………
Name: PriyaRani
CourseBBAVsemester
University rollno174100129
[4]
ACKNOWLEDGEMENT
I also want to thank our HOD - Prof. Somesh Dhamija for providing me
encouragement, motivation and moral support throughout the project
work.
[5]
TABLE OF CONTENT
Importance; Objectives
5 Findings, Conclusions,
6 Bibliography 81-89
Appendix [Questionnaire]
[6]
CHAPTER – 1
[7]
INTRODUCTION OF THE COMPANY
In the last 32 years, staying true to its motto of ‘Turning Dreams into
Reality’ and guided by its founding values of delivering quality and
excellent real estate spaces, ensuring customer satisfaction and
redefining lifestyle, Omaxe has delivered some landmark rojects and
engineering marvels, created a niche in both luxury and affordable
segments and more importantly has brought smiles in the lives of
millions of people.
[8]
In the last two decades, you have reposed unflinching faith in us and that
has made this journey eventful. From a modest beginning in 1987 to
becoming one of India’s leading real estate development companies,
Omaxe has come a long way in a very short span of time. Today, Omaxe
stands tall on the foundation of its values and is passionately guided by
its mission of delivering new‐age homes to fellow Indians. Spreading
into uncharted geographies, delivering millions of sq. ft. in all price
points and continuing to remain focused on the housing needs of
common man not only in Tier‐I cities but also in destinations that are
new to organized real estate. We have successfully blended our business
growth with social endeavors by bringing a change in the lives of people
who are deprived of health, education and social justice.
Board of Directors
A visionary that Mr. Goel is, he was amongst the first to diversify his
business into Tier II & III cities where he saw huge potential to be
[9]
tapped and a lot of demand-supply gap to bridge. The pace and growth
in number of projects over the last few years proves the increasing
confidence of the people in brand Omaxe. A true leader, Mr. Goel
believes in direction than distance. Throughout his entrepreneurial
journey, he has astutely led a strong and talented workforce that strives
hard each day to build Omaxe into a bigger brand. Mr. Goel’s positive
thinking and the ability to rise above mundane makes him a name to
reckon with in the real estate industry.
Mr. Goel has won several awards and accolades, been invited to national
and international conferences, has had two terms as President of
National Real Estate Development Council (NAREDCO) and has
emerged as a prominent voice of the real estate industry.
[10]
MISSION:
To provide customer satisfaction and create value for
VISION:
To be a trusted leader in the real estate sector
“Turning Dreams into Reality” is our mission. Our clients are the focus
of everything we do. We anticipate their needs, and create value in our
products and services. Growth is our passion. We achieve continual
improvement with objectives based on:
[11]
[12]
[13]
[14]
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OVERVIEW
The greatest thing about Omaxshiva is that it is near the holy river
revered by millions -Ganga To bathe in the holy Ganga is a dream
cherished by a multitude of Indians. Ganges washes away one's sins, and
blesses for a good, beneficial and auspicious future for all. Omaxshiva is
blessed to be in the company of the Ganga. Omaxshiva is in the city of
the Triveni Sangam! The Sangam is confluence of three rivers - Ganga,
Yamuna and Saraswati -is a much revered for Hindus and it sees
millions of devotees year after year. The world's most famous and holy
'Kumbh Mela' is also held here. OmaxShiva has G+3 storey 3 BHK
independent villa floors (with lifts) in Prayagraj. OmaxShiva situated in
waterfront hi-tech city, are the premium three bhk apartments and are
best to fulfills your needs. The project is of Pancham Realcon Pvt Ltd, a
subsidiary of Omaxe Ltd.
[18]
various sizes with areas ranging from 1580 sq. ft to 2165 sq. ft. The
project is registered under RERA and is reasonably priced.
Presenting Krishna Castle, as pure as the name and as grand as the aura
of the divine. Krishna Castle is not just another apartment, it is a
complete ecosystem of positivity that is perched right where the very
divine resides. Within walking distance of the iconic Chandroday
Temple, this living paradise has been crafted to fulfill all your lifestyle
dreams.
Omaxe Full Moon’s 1 Bhk, 2 Bhk and 3 Bhk flats are also attractively
priced, which makes it one of the best properties in and around
Vrindavan. With tier two and three cities outpacing the metros in terms
of growth, Vrindavan is an excellent option for both - end users and
investors. With galore of amenities and facilities, Omaxe Full Moon is a
project that would take your living experience to the next level. Omaxe
[19]
Full Moon property is one of the best properties in the entire Vrindavan
region and ultimate choice for living in absolute peace and harmony.
[20]
Approx. 890 flats are being elegantly designed in 5 towers of G + 14
storey and offers you varied choices, like 2BHK, 2BHK+Study & 3
BHK Apartments. It blissfully enriches the experience which has every
corner designed to perfection
A part of Punjab's first eco town spread over 1000 acres is inviting you
to make your dreams come true. This city is an absolute example of
integrated township which possesses everything that a modern lifestyle
demands today. A pollution free zone with abundant greenery and
openness is highly appreciated by the people desirous of settling in and
around Chandigarh. It has all the friendly features which make this eco
town perfect in every aspect.
The 7 acre adventure park is fully loaded with activities for all age
groups to take the stress out and to pump in the hi-octane energy.
There are many popular attractions to drool over your mind, body and
soul. The township has Atlas, Princeton, Windsor, Pinewood Parks.
Beautifully designed landscapes, intelligently planted variety of trees
and flowers help alleviate mental fatigue and ensure that children grow
into healthy and happy adults.
The Club Omaxe is the perfect hangout place in this township. Ready to
welcome you through the grand entrance, it going to add a different
kind of fun to socialize, rejuvenation and relaxation.
[22]
Celestial Royal is one-of-its-kind home that gives your dream a chance
to live luxuriously in such a well developed integrated township which
has everything that a lifestyle demands today.
The greenery is more widely spread. The living spaces are more
spacious. The facilities and amenities, more modern. The living more
secure, OMAXE Cassia, where the glass is always greener on your side.
Five giant parks (one 8-acre and rest half an acre each) musical fountain,
5-star luxury club, tree-lined avenues, perfect connectivity, well-
developed residential plots and to enjoy all this, a tastefully designed
apartment are the hallmark of Omaxe New Chandigarh. And when you
have it all amidst more than 800 + acres township Omaxe New
Chandigarh, Phase-I, the pushiest neighborhood of dream city
Chandigarh, it sounds too good to be true. Take luxury for granted and
the price will take you for surprise. As this magnanimous home can be
yours at a very affordable amount. Made in the form of spacious 3 B/R
+ utility independent floors packed in a perfectly planned concept of
S+3 living, Ambrosia comes studded with all the ornaments of modern
living in the natural environs of an eco township.
[23]
Facilities like schools, office-cum-shopping complex and space for
recreational activities like amusement parks enthrall the township. The
township is also home to one of Punjab’s tallest commercial hub, India
Trade Tower. Infrastructure including educational institutions,
healthcare, hospitality, landscaped gardens, children park, jogging track,
underground drainage, medical facility, club with ultra-modern facilities
to name a few add to the advantage of Omaxe New Chandigarh.
[24]
Facilities like schools, office-cum-shopping complex and space for
recreational activities like amusement parks enthrall the township. The
township is also home to one of Punjab’s tallest commercial hub, India
Trade Tower. Infrastructure including educational institutions,
healthcare, hospitality, landscaped gardens, children park, jogging track,
underground drainage, medical facility, schools, club with ultra-modern
facilities to name a few add to the advantage of Omaxe New
Chandigarh.
The greatest thing about Omaxshiva is that it is near the holy river
revered by millions -Ganga! To bathe in the holy Ganga is a dream
cherished by a multitude of Indians. Ganges washes away one's sins, and
blesses for a good, beneficial and auspicious future for all. Omaxshiva is
blessed to be in the company of the Ganga.
OmaxShiva has G+3 storey 3 BHK independent villa floors (with lifts)
in Prayagraj. OmaxShiva situated in waterfront hi-tech city, are the
premium three bhk apartments and are best to fulfill your needs.
[25]
and turned into reality by our architects and engineers to meet all your
needs for a refined and modern-day lifestyle.
Welcome to Omaxe The Palace City. Welcome to life where you can
live the abundant & exhilarating moments you’ve always craved for.
The stunning contemporary design redefines the classic urban
environment. Luxury amenities, distinctive lifestyle and an enlivened,
welcoming mother nature complete your grand living experience.
Omaxe, the palace, is simply put, the essence of Lucknow’s richly royal
heritage distilled into living spaces that echo the gracious splendor of
Nawabi lifestyles. Gracious is spacious. The palace has sprawling,
flowing interiors, a perfect blend of airiness and light hold a guftagu
with your soul. Life takes a new meaning.
Advantages 0f location
Accessibility: The locality is well connected with the rest of the city
with charbagh being 10km, Airport 15km, Hazratganj 7km, Janeshwar
Mishra Park 5km, and International Stadium 1k
Welcome to Omaxe The Palace City. Welcome to life where you can
live the abundant & exhilarating moments you’ve always craved for.
The stunning contemporary design redefines the classic urban
environment. Luxury amenities, distinctive lifestyle and an enlivened,
welcoming mother nature complete your grand living experience.
Omaxe, the palace, is simply put, the essence of Luck now’s richly royal
heritage distilled into living spaces that echo the gracious splendor of
Nawabi lifestyles. Gracious is spacious. The palace has sprawling,
flowing interiors, a perfect blend of airiness and light hold a guftagu
with your soul. Life takes a new meaning.
Location Advantages
[28]
Lucknow's International cricket stadium is only 2km. Central Govt's
defense agency NIA'S (National Investigation Agency) Office &
Residential Building are under construction. Dial 100 office is 1km,
Police Signature Building is also Planned & approved nearby.
Accessibility: The locality is well connected with the rest of the city
with charbagh being 10km, Airport 15km, Hazratganj 7km, Janeshwar
Mishra Park 5km, and International Stadium 1km.
OVERVIEW
[29]
Accessibility: The locality is well connected with the rest of the city
with charbagh being 10km, Airport 15km, Hazratganj 9km, Janeshwar
Mishra Park 9km, International Stadium 1km.
OVERVIEW
Location Advantages
[30]
Connectivity: It is connected to state highway i.e. Sultanpur road,
adjacent to Shaheed path which connects Lucknow's Malor highways
like Kanpur road, Faizabad road, Rae Bareilly road & Sultanpur road
making it one of the most well connected area.
Accessibility: The locality is well connected with the rest of the city
with charbagh being 10km, Airport 15km, Hazratganj 7km, Janeshwar
Mishra Park 5km, International Stadium 1km.
Consisting of several amenities like a state of the art club house with
swimming pool, Jacuzzi, shower, sauna bath, gymnasium, open and
covered parking facility and children play area to name a few.
[31]
institutes, medical facilities, malls, parks & food joints etc that make life
of residents fun and easy. This area is also connected with smooth &
easy root to beautiful Park Janeshwar Mishra Park (Asia's biggest) with
in 5km.
Accessibility: The locality is well connected with the rest of the city
with charbagh being 10km, Airport 15km, Hazratganj 7km, Janeshwar
Mishra Park 5km, International Stadium 1km.
[32]
Approximately 528 flats are being elegantly designed in 8 towers of S +
16 & S + 17 storey and offers you varied choices, like 3 Bedroom
Apartments (3 Bhk), 3 Bedroom Apartments with Servant Room (3 Bhk
with Servant Room). It blissfully enriches the experience which has
every corner designed to perfection.
Omaxe Waterscapes not only brings you closer to luxury but also to
nature. It is meticulously designed with unique features where echo of
water enchants the life. It makes you experience the new side of
yourself; offers fun time for kids and brings them in the laps of nature.
The state-of – the- art club house will have swimming pool, Jacuzzi,
shower, sauna bath, gymnasium, restaurant to name a few. Open and
covered parking facility and children play area with open and green
space that makes living in the complex healthy and peaceful. The
bedrooms have been designed with vitrified tiles and kitchens bearing
ceramic tile flooring.
[33]
like Kanpur road, Faizabad road, Rae Bareilly road & Sultanpur road
making it one of the most well connected area.
Luxury gets a new name, a new address and above all a new dimension.
The Royal Meridian, a part of Omaxe Royal Residency, Ludhiana is all
set to redefine luxury once for all. The customers of The Royal Meridian
will experience ultra-modern living with amenities and facilities like
garden or pool facing apartments, 3-sides open for efficient cross
ventilation, a world-class clubhouse, shopping zone and abundant
greenery and much more among others. Situated at up market Pakhowal
Road, The Royal Meridian offers 3 BHK and 4 BHK accommodation
options in the size 2250 - 6000sq. ft.Tall. Elegant. Royal. Three words
[34]
and a beautiful world, you get at Twin Tower of Royal Residency. In
this resort like township Twin tower is just another address that spells
class, comfort, and elegance. The breathtaking View of the township
and picturesque location make your world a paradise where everything
comes close to you to make your life convenient and hassle-free.
[35]
CHAPTER-2
[36]
CUSTOMER:
Customers are the most important people for any organization. They are
the resource on which not only the success, but the entire existence of
any business depends.
[37]
DEFINITION OF CUSTOMER:
DEFINITION 1:
[38]
FORMER CUSTOMERS – This group consists of those
customers includes those who have yet to purchase but possess what
the marketer believes are the requirements to eventually become
Existing Customers. These requirements to become a customer
include such issues as having a need for a product, possessing the
financial means to buy, and having the authority to make a buying
decision. Locating Potential Customers is an ongoing process for
two reasons. First, Existing Customers may become Former
Customers and, thus, must be replaced by new customers. Second,
while we noted above that Existing Customers are the best source
for future sales, it is new customers that are needed in order for a
business to significantly expand.
CUSTOMER PROFILING:
[39]
Customer profile may be defined as customer description that
includes demographic, geographic and psychographic characteristics,
buying pattern, creditworthiness, purchase history etc. This
description may include information pertaining to the income level,
Occupation, level of education, age, gender, hobbies, and/or area of
residence. For example, magazine advertising salespeople provide
advertisers with customer profiles describing the type of person who
will be exposed to the advertisements in that magazine. The
description may include income, occupation, level of income,
occupation, level of education, age, gender, hobbies, area of
residence etc.
These customer profiles which are built by the companies help them
to understand their customers better. Using this customer profile the
companies are able to identify and segment their potential customers.
CUSTOMER SATISFACTION:
The word "satisfaction" comes from the Latin words ‘satis’ (enough)
and ‘facere’ (to do or make). These words suggest the true meaning
of satisfaction, which is fulfillment. Managerially, fulfillment usually
translates to solving problem & satisfying the customer is not
enough. To produce high level of customer loyalty, businesses need
to move beyond more satisfaction, to customer delight.
[41]
Ghost Shopping:
Focus Groups:
Customer Satisfaction
Why is it important ?
[43]
Customer Satisfaction Survey:
Study show that although customers are dissatisfied with one out of
every four purchases, less than five percent of dissatisfied customers
will complain. Most customers will buy less or switch to other supplier.
Complaint levels are thus not good measure of customer satisfactions
responsive companies measure customers. Satisfaction directly by
conducting periodic survey. They send questionnaire or make telephonic
calls to a random sample of recent customers. They also solicit buyer’s
views on their competitor performance.
[44]
Customer Satisfaction
Introduction:
[45]
Because satisfaction is basically a psychological state, care should be
taken in the effort of quantitative measurement, although a large
quantity of research in this area has recently been developed. Work done
by Berry, Brodeur between 1990 and 1998 defined ten 'Quality Values'
which influence satisfaction behavior, further expanded by Berry in
2002 and known as the ten domains of satisfaction. These ten domains
of satisfaction include: Quality, Value, Timeliness, Efficiency, Ease of
Access, Environment, Inter-departmental Teamwork, Front line Service
Behaviors, Commitment to the Customer and Innovation. These factors
are emphasized for continuous improvement and organizational change
measurement and are most often utilized to develop the architecture for
satisfaction measurement as an integrated model. Work done by
Parasuraman, Zenithal and Berry between 1985 and 1988 provides the
basis for the measurement of customer satisfaction with a service by
using the gap between the customer's expectation of performance and
their perceived experience of performance. This provides the measurer
with a satisfaction "gap" which is objective and quantitative in nature.
Work done by Cronin and Taylor propose the
"confirmation/disconfirmation" theory of combining the "gap" described
by Parasuraman, Zenithal and Berry as two different measures
(perception and expectation of performance) into a single measurement
of performance according to expectation. According to Garbrand,
customer satisfaction equals perception of performance divided by
expectation of performance.
[46]
SWOT ANALYSIS
Strengths Weaknesses
Opportunities Threats
Expanding marketing Increased Competition
boundaries
Market saturation in
Growth through 3G Europe
External
Strategic Alliances Emergencies of Low cost
Brands
[47]
SWOT analysis of OMAXE
Strengths:
The main strength of OMAXE within the IT market lies in its brand
image and recognition. OMAXE, having established a global presence
and having invested highly in marketing a differentiated image by
promoting a OMAXE life style, currently enjoys a differentiating
advantage that, if exploited properly, can offer a lead in competition.
The presence of OMAXE in numerous countries within Europe as well
as in all part of the world enhances this image.
Weaknesses:
[48]
Opportunities:
Threats:
[49]
MEANING
DEFINITION
[50]
Customer satisfaction,
SEVEN STEPS:
Serving your customer with a smile on your face, even when things
don’t go right.
DEFINITION OF CUSTOMER
[51]
ADVANTAGE
DISADVANTAGE
IMPORTANCE
Since sales are the most important goal of any commercial enterprise. It
become necessary to satisfy customer for customer satisfaction it is
necessary to establish and maintain certain important characteristics
like:
a) Quality
b) Fair prizes
c) Efficient delivery
d) Good customer handling skills
e) Serious consideration of consumer complaints
[52]
matches the expectation, the customer satisfied. If the performance
exceeds expectations the customer is highly satisfied.
BENEFITS
Increasd
Increased
Revenue
repeat Customer satisfaction
Reduced
purchase
Cost
Reduced
Increased reduced price
switching to
referrels sensitivity
competitors
Increased
profit
To study industry.
To study the company profile of OMAXE.
To study customer satisfaction of OMAXE.
To study various Marketing activities provided by OMAXE.
To study the various services provided by OMAXE.
To know the expectation of OMAXE Customers
[53]
Scope of the study
There are many benefits related to take this study. Some of the benefits
of taking this study are as follows:
More people will get aware about OMAXE that will increase
profit level of OMAXE.
Customer Survey I:
[54]
very dissatisfied (along with another 25% who were dissatisfied) with
the cost of cable television service.
A majority of the respondents were satisfied with the friendliness and
courtesy of customer service personnel, however; approximately 30% of
the respondents rated the cable company's performance as poor. With
regard to open-ended comments, respondents felt that the cost of the
cable service was too high, a need for cable competition existed and the
desire for a basic cable package offering was desired.
[55]
CHAPTER-3
RESEARCH METHODOLOGY
[56]
RESEARCH promoting exploration has demonstrated a basic device to
make all the need of showcasing the board. Showcasing research in this
way is the logical procedure of social affair and breaking down of
promoting data to address the issues of advertising the board. Be that as
it may, social affair of perception is must be methodical. The orderly
direct of research requires:
Problem Identification
[57]
A number of clients are not happy with administrations, new plans and
offers.
a few of clients are not happy with the system of the company.
RESEARCH DESIGN
1 Exploratory Research:-
2 Descriptive Researches:
3 Causal or Experimental
[58]
SAMPLING
Sampling unit:
Who is to be studied?
d) Cluster Sampling.
[59]
Sample Size: Test size methods constrained quantities of
respondents secured under the examination study from a populace and
the analyst has taken a study of 100 respondents to realize the
fulfillment level of client.
Sampling Unit:
Here the scientist has haphazardly chosen the respondents of the New
Delhi city.
[60]
Observation method
3 Experimental Method.
4. Panel Method.
1 Internal Source:
2 External Sources:
[61]
B) Data collection Tools:
[62]
CHAPTER-4
[63]
Q1) Do you think that this company sells the properties at fair rates?
Suggestions Yes No
No. of respondents 95 5
12%
YES
NO
88%
Interpretation: This company sell the properties at fair rates that I find
that 88% of the respondents are tasted OMAXE Pflat while 12% of the
respondents do not have a OMAXE flat.
[64]
Q2) how many properties have you brought from this omaxe company
till date?
5%
01/Mar
03/May
95%
[65]
Q3) What amount of satisfaction do you get from omaxe?
Satisfied
15%
FULLY SATISFIED
SATISFIED
85%
Interpretation:
Here 85% of the respondents are fully satisfied, but 15% of the
respondents are not satisfied with the service of the omex company.
They 85% people are satisfied with the OMAXE company that the
services which they get is fully good
[66]
Q4. From which source you came to know about OMAXE?
Advertisements 36%
Hoardings 15%
Newspapers 20%
29%
36% ADEVERTISMENT
HOARDINGS
NEWSPAPERS
MOUTH PUBLICITY
20%
15%
14%
25%
[68]
[69]
Q6). According to you are the properties sold by the company located at
good location?
Suggestions Yes No
13%
YES
NO
87%
[70]
Q7.For what reason you call at customer care?
Queries 31%
Complaining 46%
7%
VALUE ADDED SERVICE
16%
INFORMATION ABOUT
46% NEW SCHEMES
QUERIES
31% COMPLAINING
[71]
and 46% of the customer call on the customer care for their complaints
.If the customer having the problem related to OMAXE then they call to
customer care itself.
Yes 80%
No 20%
20
Yes
No
80
Interpretation:
80% people says Yes it means that they get the services of OMAXE is
as per the requirements whereas 20% says No it means that they don’t
get the services as per ther requirements. They says no because of the
higher prices of the services.
[72]
Q9) why are you not using OMAXE services?
15% 15%
LACK OF AWARENESS
HIGH PRICES
23% POOR SERVICES
POOR NETWORK
46%
[73]
Q10) Would you like to recommend OMAXE to others?
.
Yes 90%
No 10%
10%
YES
NO
90%
[74]
CHAPTER-5
FINDINGS,
RECOMMENDATION &
[75]
SUGGESTION
[76]
Recommendation&Suggestions
OMAXE ought to bring present some new plans for the adolescents.
OMAXE ought to give more plans and offers to its old clients.
[77]
Conclusion
Following are the end that the scientist found after the study.
[78]
LIMITATION
•The study has not been expected on an exceptionally huge scale, have
the plausibility of blunders, which can't be precluded.
•Time constraints.
[79]
[80]
CHAPTER -6
REFERENCES
[81]
REFERENCES
[82]
[83]
[84]
Books:
Websites:
http://www.OMAXE.com
[85]
APPENDIX
[86]
QUESTIONNAIRE
Q1) Do you think that this company sells the properties at fair rates?
Yes
No
Q2) how many properties have you brought from this omaxe company
till date?
1-3
3-5
Fully satisfied
Not satisfied
Advertisement
Hoardings
Newspapers
Mouth Publicity
2-6 months
6-12 months
[87]
More than 1 year
Q6) According to you are the properties sold by the company located at
good location?
Yes
No
Q8) does the company offer properties as per your requirements &
specifications ?
Yes
No
[88]
Q10. Would you like to recommend OMAXE to others?
Yes
No
__________________________________________________________
__________________________________________________________
__________________________________________________________
__________________________________________
Name:
Age:
Sex:
Contact no.:
Signature:
[89]