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Slide 1: They say "Home i s where the heart i s” WELCOME TO ISAS PRESENTATION ON HOUSING INDUSTRY AND EMPLOYMENT GROWTH Click to edit Master subtitle style 9/8/10
Slide 2: HOUSING INDUSTRY AND EMPLOYMENT GROWTH WE DIVIDE INTO THE FOLLOWING THREE SUB-TOPICS  1:HOUSING LOANS.  2:HOUSING PROJECTS.  3:EMPLOYMENT GROWTH. 9/8/10
Slide 3:  1:HOUSING LOANS: In simple words, a home loan is a loan given by a bank or a lending institution to an individual to buy or construct a house, or to buy a plot of land for construction of a house.  HOME LOAN PROCESS: 1:Application. 2:Credit appraisal. 3:Sanction. 4:Request for disbursement. 5:Technical and legal validation. 6:Disbursement. 9/8/10
Slide 4: IMPORTANT DOCUMENTS TO GET A HOME LOAN: • Completed application form. • Passport size photograph. • Proof of identity. • Proof of residence . • Sale deed, agreement of sale, letter of allotment. • Statement of bank account/ pass book for last 6 months etc. 9/8/10
Slide 5: FEATURES OF ICICI BANK HOME LOANS:  Attractive interest rates, presently 8.25% p.a.  Loans starting from Rs:2 Lakhs.  Term of loan up to 20 years.  Presence in more than 1000 locations.  Insurance options for your home loan at attractive premium.  Free personal accident insurance with every home loan. 9/8/10
Slide 6: DIFFERENT RATES OFFERED BY NAME DIFFERENT BANKS: BANK INTEREST RATES ICICI BANK BANK OF INDIA HDFC BANK CORPORATION BANK KARNATAKA BANK LTD PUNJAB NATIONAL BANK STATE BANK OF INDIA 8.25% p.a. 10.0% p.a. 8.25% p.a. 8.25% p.a. 8.75% p.a. 8.5% p.a. 8.0% p.a. 9/8/10
Slide 7: 2:HOUSING PROJECTS: 1:Lukewarm response to the Govt-sponsored scheme of ISHUP has led the stakeholders-the ministry of housing and urban development, national housing bank, housing and urban development corporation, and public sector banks—to tweak it to turn it attractive . 2:Minister for housing Katta Subramanya Naidu on Thursday launched the “Namma Mane” housing scheme for urban poor 1 year after it was announced in the state budget. a):250 new areas will be notified as slums in Bangalore. b):2 lakhs sites to be allocated to houseless families. 9/8/10
Slide 8: 3):Jaypee Group-pioneers in golf-centric reality projects. a):Jaypee Group known for its successful endeavor in offering integrated golf communities in India now comes with its second project, ‘Wish town’ which will be India’s largest township development with over 1162 acres. 4):SANKALP GROUP. a) Leaders in home loan. b) Door step services. 9/8/10
Slide 9: c) Simplified documentation. d) Attractive interest rates. e) Exclusive offer on Sankalp Central Park-Project approved by ICICI. 5): Asare Program Chief minister B.S. Yeddyurappa has announced that 1000 houses built under the Asare program of Govt will be handed over to flood-hit families on north Karnataka. 9/8/10
Slide 10: 3:Employment Growth: Employment is a contract between two parties, one being the employer and the other being the employee. HOUSING INDUSTRY ALSO RESULTS IN EMPLOYMENT GROWTH THROUGH ITS RELATED INDUSTRIES: a) Brick industries. b) Cement industries. 9/8/10
Slide 11: c) Steel industries. d) Painting industries. e) Electronics industries. f) Furniture industries. g) Sand and rock industries. Apart from the above housing results in employment to civil engineers, architectures, electricians, painters, carpenters, pipe liners, skilled and other non-skilled labours. 9/8/10
Slide 12: The average real wage of workers in the organised housing sector has been more or less constant right through the 1990s. As Chart shows, average real wages increased in the early years of the 1990s, until 1996-96, and then fell quite sharply. 9/8/10
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Slide 14: Real Estate Jobs 9/8/10
Slide 15: ASARE PROGRAM PROVIDING EMPLOYMENT ASARE program handling over of 675 houses build by CISCO systems, HOPE foundation, and SAP at N.Malkapura and Jageera Venkatapura in Raichur district. 9/8/10
Slide 16: INCENTIVES SCHEMES FOR EMPLOYERS:  Employers who have a social responsibility to provide employment opportunities to person with disability, now have an extra reason to do so.  The govt of India will bear the employers share of provident fund contribution on wages up to Rs:25000 per month for three years in case of employment of person with specified disabilities. 9/8/10
Slide 17: EMPLOYERS HAVE TO TAKE JUST TWO EASY STEPS:  Appoint a person with a disability.  Inform the concerned EPF office in the prescribed Proforma, with a valid disability certificate of the employee. 9/8/10
Slide 18: CONCLUSION The housing construction industry is poised for tremendous growth in coming years in the backdrop of large population base, rising income level, increasing demand for housing units, fast changing rural housing landscape. In addition, the housing construction industry is expected to overtake other industrial sectors in terms of contribution to GDP growth in the next few years. 9/8/10
Slide 19: Housing developments are beginning to increase to meet the need. Residential construction is forecasted to grow from €11.9 billion in 2002 to €28.1 billion in 2012. With it, the government has begun to develop a mortgage market. Mortgages account for only 2% of India's GDP. In comparison, mortgages account for 54% of the U.S. GDP. As a result housing contributes to the overall economic growth of the country. 9/8/10
Slide 20: THANKING YOU! Click to edit Master subtitle style 9/8/10