Internship Report

Al Rehman Garden Phase II

A REPORT SUBMITTED TO THE DEPARTMENT OF

MANAGEMENT SCIENCES, VIRTUAL UNIVERSITY OF
PAKISTAN IN PARTIAL FULFILLMENT OF THE
REQUIREMENTS FOR THE DEGREE

Submitted By

<<MC210200736>>

<<Nady Ali>>

<<Spring 2021>>

<<06 July 2023>>

Department of Management Sciences,

Virtual University of Pakistan

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4. Acknowledgement:

I would like to express my sincere appreciation to all the individuals who have supported and
assisted me throughout my internship and the completion of this internship report.

First and foremost, I would like to thank my instructor for their guidance, valuable insights,
and continuous support during the entire internship period. Their expertise and
encouragement have been instrumental in shaping my understanding and knowledge in the
field.

I am also grateful to the entire team at Al Rehman Garden for providing me with the
opportunity to be a part of their organization and gain practical experience in the Company.
The professionals and colleagues I worked with were extremely helpful and supportive,
always willing to share their expertise and knowledge.

I would like to extend my appreciation to my advisor and supervisors, who have provided me
with valuable guidance, feedback, and constructive criticism. Their mentorship has been
invaluable in enhancing my skills and professional development.

I am also indebted to my family and friends for their unwavering support and encouragement
throughout this internship. Their belief in me has been a constant source of motivation.

Thank you all for your support, guidance, and belief in me. I am truly grateful for the
opportunity to learn and grow during this internship experience.

5. Executive summary:

Al Rehman Garden Phase II is a residential housing project in Lahore, Pakistan. Developed

by Al Rehman Developers, it offers a modern and secure living environment for residents.
The project features well-designed infrastructure, spacious plots, and commercial areas.

The community provides a range of facility, including a community center, playgrounds, and
sports facilities. The security of residents is a top priority with gated access and 24/7 security
personnel. Al Rehman Garden Phase II is conveniently located near major transportation
routes and essential services.

In summary, Al Rehman Garden Phase II offers a comfortable and modern lifestyle with its
well-planned layout, amenities, and convenient location. It presents a valuable residential
opportunity in Lahore.

Al Rehman Garden is a thriving real estate development that offers a range of residential and
commercial properties in a well-planned and sustainable community. Its strategic location,
extensive amenities, and investment potential make it an attractive choice for residents and
investors alike. As the market continues to grow and evolve, Al Rehman Garden remains
poised for further development and success.

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 6. Table of Content

Sr. No Topic Page No.

I. Introduction 6

II. Market Overview 6

II.I Residential Real Estate 6

II.II Commercial Real Estate 6
II.III Hospitality Real Estate 6
III. Real Estate Investment 7

III.I Direct Ownership 7

III.II Real Estate Crowd Funding 7
IV. Real Estate Financing 7

IV.I Mortgages and Loans 7

IV.II Commercial Financing Loans 7
IV.III Alternative Financing Options 7
V. Real Estate Development 8

V.I Land acquisition and Zoning 8

V.II Construction and Project Management 8
V.III Property Renovation and rehabilitation 8
VI. Real Estate Sales and Marketing 8

VI.I Property Listing and Advertising 8

VI.II Buyer and seller Representation 8
VI.III Negotiation and Closing 9
VII. Property Management 9

VII.I Rental Property Management 9

VII.II Asset Management 9
VII.III Maintenance and Repairs 9
VIII. Real Estate Trends and Outlook 9
VIII.I Contracts and Agreements 9
VIII.II Property Rights and Titles 9
VIII.III Land Use and Zoning Regulation 10
IX. Real Estate Trends and Outlook 10

IX.I Market Trend and Forecast 10

IX.II Technology and innovation 10

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 IX.III Sustainability and Green Building 10
X. Conclusion 10

I. Introduction:

Al Rehman Garden Phase II is a residential housing project located in Lahore, Pakistan. It

is a well-planned and modern community that offers a range of amenities and facilities
for residents. Developed by Al Rehman Developers, Phase II is an extension of the
successful Al Rehman Garden Phase I.
The project aims to provide a comfortable and secure living environment for individuals
and families. It features a well-designed layout with wide roads, green spaces, and
landscaped parks.
Al Rehman Garden Phase II offers a variety of residential plot options to cater to the
diverse needs and preferences of homeowners. The plots are available in different sizes,
allowing residents to choose according to their requirements. The project also includes
provision for commercial areas, providing residents with easy access to shops,
restaurants, and other essential services.
One of the highlights of Al Rehman Garden Phase II is its focus on modern amenities and
facilities. The housing society includes a dedicated community center, where residents
can enjoy recreational activities and socialize with their neighbors. Additionally, there are
playgrounds, jogging tracks, and sports facilities, promoting a healthy and active
lifestyle.
The developers have also given attention to the security of the residents. Al Rehman
Garden Phase II is a gated community with 24/7 security personnel and surveillance
systems, ensuring a safe living environment for all residents.
In summary, Al Rehman Garden Phase II offers an ideal residential opportunity for those
seeking a comfortable and modern living experience in Lahore. With its well-planned
infrastructure, range of amenities, and convenient location, it aims to provide a fulfilling
lifestyle for its residents.

II. Market overview:

The market overview of Al Rehman Garden provides insights into the project's target
market, competitive landscape, and key factors influencing its success.

II.I Residential Real Estate:

Al Rehman Garden refers to properties primarily used for residential purposes, such
as houses, apartments, town houses, and other dwellings. It is a crucial segment of the
real estate market, catering to individuals and families seeking housing for personal
use.
II.II Commercial Real Estate:
Al Rehman Garden refers to properties used for business or income-generating
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 purposes. It includes various types of properties such as office buildings, retail spaces
and industrial facilities. Commercial real estate serves as a key driver of economic
activity and plays a crucial role in supporting businesses and industries.
II.III Hospitality Real Estate:
Al Rehman Garden refers to properties that are specifically designed and operated for
accommodation and lodging purposes. It encompasses a wide range of properties,
including hotels, serviced apartments, bed, and other hospitality-related facilities.

III. Real Estate Investment:

Al Rehman Garden as a real estate investment refers to the acquisition, ownership, management,
rental, or sale of properties with the primary goal of generating income or appreciation. Real estate
is considered a tangible and potentially lucrative investment asset class that offers various
opportunities for individuals, corporations, and institutional investors.

III.I Direct Ownership:

Direct ownership in Al Rehman Garden refers to acquiring and holding real estate
properties as an individual or entity, with the intent of directly managing, renting, or
selling the properties. It involves purchasing properties outright or with financing,
taking on the responsibilities of ownership, and potentially benefiting from rental
income, property appreciation, and control over the investment.

III.II Real Estate Crowd Funding:

Real estate crowd funding is a modern financing method that allows individuals to
invest in real estate projects by pooling their funds with other investors through
online platforms or platforms specifically dedicated to real estate crowd funding. It
provides an opportunity for investors to access real estate investments.

IV. Real Estate Financing:

Al Rehman Garden is a residential housing scheme located in Lahore, Pakistan. While it
primarily focuses on providing residential properties to individuals, it may offer real estate
financing options to facilitate the purchase of properties within the development. Real
estate financing refers to the provision of funds or loans specifically designed for real
estate purposes, such as property acquisition, construction, or development.

IV.I Mortgage and Loans:

Al Rehman Garden collaborates with financial institutions or banks to provide
mortgage and loan facilities to potential buyers. These options can help individuals
finance the purchase of properties within the development. The authorized
representatives of Al Rehman Garden also provide you with detailed information
about the available mortgage and loan options, including interest rates, down
payment requirements, repayment terms, and eligibility criteria.

IV.II Commercial Financing Loans:

Al Rehman Garden is also provided commercial financing loans to be obtained
from financial institutions or banks operating in the area where Al Rehman Garden
is located. These lenders may offer various types of commercial financing loans to

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 businesses.
IV.III Alternative Financing Options:
Commercial financing loans from banks and financial institutions, there may be
alternative financing options available in Al Rehman Garden. These alternative
options can provide additional flexibility and opportunities for individuals or
businesses looking to finance projects within the development like, Development
financing, seller financing Private investors etc.

V. Real Estate Development:

Real estate development in Al Rehman Garden encompasses the process of creating and
enhancing the infrastructure and facilities within the housing scheme like, infrastructure
development, construction of residential units, green spaces. It's important to note that real
estate development is an ongoing process, and developers may continue to invest in
improvements and expansions over time to meet changing market demands and enhance
the overall value of the housing scheme.

V.I Land acquisition and Zoning:

The land acquisition process involves acquiring the necessary parcels of land for the
development project. This may involve purchasing land from individual
landowners, negotiating with government authorities, or engaging in land
development agreements. The specific details of land acquisition in Al Rehman
Garden would be determined by the developers or authorized representatives
involved in the project.
Zoning regulations determine how land can be used, the types of structures that can
be built, the density of development, and other factors. These regulations are
typically set by local government authorities or planning agencies to ensure that
land development aligns with the overall goals and vision for the area.

V.II Construction and Project Management:

Construction and project management are integral parts of real estate development,
including projects like Al Rehman Garden. These processes involve overseeing and
coordinating various activities from the initial planning stages to the completion of
the construction project.

V.III Property Renovation and rehabilitation:

Property renovation and rehabilitation in Al Rehman Garden would follow a similar
process as outlined in the previous response. However, since Al Rehman Garden is
a specific housing scheme in Lahore, Pakistan, there may be certain considerations
and regulations specific to the development.

VI. Real Estate Sales and Marketing:

Real estate sales and marketing play a crucial role in promoting and selling properties in
developments like Al Rehman Garden. Effective sales and marketing strategies help
attract potential buyers, create awareness about the project, and drive successful property
sales.
VI.I Property Listing and Advertising:

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 Property listing and advertising are crucial aspects of real estate sales and
marketing. They involve showcasing properties for sale or rent and effectively
promoting them to attract potential buyers or tenants.

VI.II Buyer and seller Representation:

Buyer and seller representation are important roles in real estate transactions. They
involve representing the interests of either the buyer or the seller throughout the
buying or selling process.

VI.III Negotiation and Closing:

Negotiation and closing are crucial stages in a real estate transaction. Negotiation
involves reaching mutually acceptable terms between the buyer and seller, while
closing refers to the finalization of the transaction.

VII. Property Management:

Property management in Al Rehman Garden involves overseeing and maintaining
properties on behalf of the owners. It includes various responsibilities related to the day-
to-day operations, maintenance, tenant management, and financial aspects of the
properties.

VII.I Rental Property Management:

Rental property management in Al Rehman Garden involves overseeing and
managing rental properties on behalf of the property owners. It includes various
responsibilities related to tenant management, property maintenance, rent
collection, and financial aspects specific to rental properties.

VII.II Asset Management:

Asset management in Al Rehman Garden involves the strategic management and
optimization of real estate assets to maximize their value and returns for property
owners. It encompasses various activities aimed at enhancing the performance,
sustainability, and overall value of the assets.

VII.III Maintenance and Repairs:

Maintenance and repairs in Al Rehman Garden involve ensuring that the properties
are well-maintained and in good condition. Proper maintenance and timely repairs
are essential for preserving the value of the properties and providing a safe and
comfortable environment for residents.

VIII. Real Estate Trends and Outlook:

Real estate trends and outlook in Al Rehman Garden are influenced by various factors
such as market conditions, economic factors, infrastructure development, and changing
preferences of homebuyers and investors.

VIII.I Contracts and Agreements:

In Al Rehman Garden contracts and agreements play a crucial role in establishing
legal and binding relationships between parties involved in real estate transactions.

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 Some types of agreement and contracts are Sale and Purchase Agreement, Lease
Agreement, Construction Contracts, Property Management Agreement, Mortgage
Agreement, Rental Agreements etc.

VIII.II Property Rights and Titles:

Property rights and titles in Al Rehman Garden, as in any real estate market, are
crucial for establishing ownership and providing legal protection to property
owners.

VIII.III Land Use and Zoning Regulation:

Land use and zoning regulations play a crucial role in shaping the development and
use of land in Al Rehman Garden. These regulations are put in place by local
authorities to ensure orderly growth, promote public health and safety, and maintain
the overall quality of the environment.

IX. Real Estate Trends and Outlook:

Real estate trends and outlooks provide valuable insights into the current state and future
prospects of the real estate market in a specific area like, Al Rehman Garden as are Market
Demand, Residential Market, Commercial Market and Rental Market. Monitoring these
trends and outlooks can provide valuable insights for investors, developers, and real estate
professionals in Al Rehman Garden.
IX.I Market Trend and Forecast:
Market trends and forecasts provide valuable insights into the direction and
potential future performance of the real estate market. While specific market trends
and forecasts for Al Rehman Garden would require up-to-date and localized data.

IX.II Technology and innovation:

Technology and innovation have had a significant impact on the real estate industry,
transforming various aspects of the market Dedicated real estate portals and mobile
apps have become popular tools for property search, investment analysis, and
market research. These platforms provide comprehensive property data, market
trends, mortgage calculators, and neighborhood information, empowering users to
make informed decisions.

IX.III Sustainability and Green Building:

Sustainability and green building practices have gained significant traction in the
real estate industry as the need for environmental conservation and energy
efficiency has become more apparent. Green buildings prioritize indoor air quality
by using low-emission building materials, proper ventilation systems, and effective
filtration systems. This creates a healthier and more comfortable indoor
environment for occupants.
X. Conclusion:
In conclusion, the real estate industry is a dynamic and complex sector that encompasses
various aspects such as residential, commercial, and hospitality properties. Al Rehman
Garden, as a real estate development, offers a range of opportunities and considerations
for investors, buyers, and industry professionals. Al Rehman Garden including market

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 overview, residential and commercial real estate, real estate investment options, financing
and mortgage options, property management, and various other aspects. It is evident that
Al Rehman Garden offers a promising market with opportunities for investors,
homebuyers, and tenants. By taking into account the insights and information presented in
this report, stakeholders in Al Rehman Garden can make informed decisions, mitigate
risks, and capitalize on the opportunities presented by the real estate market. By doing so,
stakeholders can maximize their potential returns and contribute to the growth and
development of Al Rehman Garden's real estate market.
7. Brief introduction of Al Rehman Garden:

The Al Rehman Garden Phase II falls within the real estate and construction
sector. The sector encompasses various activities related to the development,
sale, and management of properties, as well as the construction of residential
and commercial buildings.
In the case of Al Rehman Garden, it specifically focuses on the development
and sale of residential properties.
The real estate and construction sector plays a crucial role in the economy,
contributing to job creation, infrastructure development, and overall
economic growth. It is a dynamic and diverse sector that includes developers,
builders, contractors, architects, real estate agents, and property management
companies.
Al Rehman Garden operates within this sector by acquiring land, designing
and developing residential projects, and offering them for sale to prospective
buyers. They aim to provide quality housing solutions to individuals and
families, catering to different budget ranges and preferences.
The real estate and construction sector is influenced by various factors such
as economic conditions, population growth, urbanization, government
policies, and market demand. It is highly interconnected with other sectors
like finance, manufacturing, and services.
In recent years, there has been a growing demand for affordable and quality
housing, particularly in rapidly expanding urban areas. The sector has
witnessed innovation in construction techniques, sustainable building
practices, and the incorporation of modern amenities and facilities.
The real estate and construction sector also plays a vital role in the
development of infrastructure projects, including roads, bridges, and utilities.
These projects contribute to improving connectivity and quality of life for the
residents of the area.
Overall, the real estate and construction sector is a significant contributor to
economic development, job creation, and urbanization. Al Rehman Garden
Phase II focus on the development and sale of residential properties aligns
with the increasing demand for housing solutions, making it a crucial player

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8. Overview of Al Rehman Garden;

a. Brief History of Al Rehman Garden:

Al Rehman Garden is a renowned residential housing scheme located in

Lahore, Pakistan. It was established with the vision of providing
affordable and quality housing options to individuals and families. The
project was initiated by Al Rehman Developers, a well-known real estate
development company in the region.
The history of Al Rehman Garden dates back to the early 2000s when the
project was conceived. The developers recognized the growing need for
housing solutions in Lahore, especially considering the rapid urbanization
and increasing population in the city.
With a strong commitment to excellence, Al Rehman Developers acquired
a vast tract of land on the outskirts of Lahore and embarked on the
development of a well-planned, modern residential community. The
project aimed to provide a secure and comfortable living environment
while offering a range of amenities and facilities to its residents.
Construction work commenced soon after the land acquisition, and
meticulous planning and design were undertaken to ensure the highest
standards of quality and functionality. The development of Al Rehman
Garden was carried out in multiple phases, with each phase offering
different sizes and types of residential plots and houses.
Over the years, Al Rehman Garden has gained immense popularity among
homebuyers due to its prime location, affordability, and well-designed
infrastructure. The project boasts wide roads, landscaped parks,
playgrounds, a community center, and other essential amenities. The
developers have also focused on providing a secure living environment by
implementing strict security measures within the housing scheme.
Al Rehman Garden has witnessed significant growth and expansion since
its inception. The project has attracted a diverse community of residents
who appreciate its tranquil ambiance, modern amenities, and proximity to
major commercial and educational centers in Lahore.

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 Today, Al Rehman Garden stands as a testament to the successful
execution of a vision to provide affordable and quality housing options to
the residents of Lahore. Its commitment to customer satisfaction and
continuous development has solidified its position as a trusted and
desirable residential community in the region.

b. Organizational Hierarchy chart:

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 Audit Department

Accounts
Department

IT Department

Senior
CEO Human Resourse
mangement

Marketing
Department

Sales Department

Purchase
Department

c. Business volume (Total number of stock, shares, bonds/ commodities,

future contracts planned for a particular period, etc.):
Future plane of Al Rehman Garden is to extend his Phases by enhancing
the living standard of resident by providing different facilities. Now Al
Rehman Garden`s a new project in Sialkot in the name of Al Rehman
Garden Sialkot Phase I, II, III and Phase IV. Recently Al Rehman Garden
purchase a news channel (Public News Channel).

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 In Al Rehman Garden a community center is opened which name is
SHAPES Community Club. Shapes offer different facilities to its member
and enhance the living standard of peoples. Future Al Rehman Garden.
d. Product lines (List complete range of products/ services of the
organization)

 Residential Plots: Al Rehman Garden may offer residential plots

of different sizes and configurations where individuals can purchase
land to construct their own homes according to their preferences.
 Houses/Villas: The organization may also provide constructed
houses or villas within the housing scheme. These ready-to-move-in
properties offer convenience to buyers who prefer a pre-built home.
 Apartments/Flats: Al Rehman Garden may include apartment
buildings or flats as part of their product offerings. These multi-
story units are suitable for individuals or families looking for a
compact living space.
 Commercial Plots: In addition to residential properties, Al
Rehman Garden might offer commercial plots to cater to businesses
looking to establish shops, offices, or commercial facilities within
the development.
 Amenities and Facilities: Al Rehman Garden may provide a range
of amenities and facilities to enhance the living experience of
residents. This could include parks, playgrounds, community
centers, mosques, schools, healthcare facilities, and sports facilities.
 Infrastructure Development: Al Rehman Garden may take
responsibility for developing and maintaining the necessary
infrastructure within the housing scheme. This can include roads,
water supply systems, sewerage systems, electricity connections,
and other essential utilities.
e. Competitors:
In the real estate sector that Al Rehman Garden may face in Lahore,
Pakistan.
 Defense Housing Authority (DHA)
 Bahria Town
 Lake City Lahore
 LDA City
 Valencia Town
f. Brief Introduction of all the departments:
Al Rehman Garden consists of various departments that work together to

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ensure the successful development and management of the residential
housing scheme. Here is a brief introduction to some of the key departments
within Al Rehman Garden.
 Sales and Marketing Department: This department is
responsible for promoting and selling residential properties within
Al Rehman Garden. They conduct market research, develop
marketing strategies, engage with potential buyers, and facilitate
the sales process.
 Planning and Development Department: The Planning and
Development Department oversees the design and development of
the housing scheme. They collaborate with architects, engineers,
and contractors to ensure that the infrastructure, amenities, and
facilities are constructed according to the planned specifications.
 Customer Support Department: The Customer Support
Department focuses on providing assistance and addressing queries
or concerns of residents and potential buyers. They handle
inquiries, manage after-sales services, and strive to maintain strong
relationships with customers.
 Finance and Accounts Department: This department manages
the financial aspects of Al Rehman Garden. They handle
budgeting, financial planning, accounting, and financial reporting.
They also oversee payment processing, billing, and financial
analysis
 Administration Department: The Administration Department is
responsible for managing the day-to-day operations of Al Rehman
Garden. They handle administrative tasks, facility management,
procurement, and coordination with external vendors and service
providers.
 Security Department: The Security Department ensures the safety
and security of residents within Al Rehman Garden. They
implement security measures, monitor the premises, and respond to
any security concerns or incidents
 Maintenance and Infrastructure Department: This department
focuses on the upkeep and maintenance of the infrastructure and
common areas within Al Rehman Garden. They are responsible for
maintaining roads, parks, playgrounds, and other facilities to
ensure a pleasant living environment for residents.
 Legal Department: The Legal Department handles legal matters
related to Al Rehman Garden. They ensure compliance with legal

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 regulations, handle property documentation, contract management,
g. Comments on the Al Rehman Garden structure:
Al Rehman Garden, it appears that the organizational structure is designed
to effectively manage and meet the requirements of the residential housing
scheme. Here are some comments on the structure:
 Departmental Clarity: The presence of various departments such
as Sales and Marketing, Planning and Development, Customer
Support, Finance and Accounts, Administration, Security,
Maintenance and Infrastructure, and Legal indicates a well-defined
and structured approach to managing different aspects of the
organization. Each department has a specific role and
responsibility, which helps in streamlining operations and ensuring
efficient functioning.
 Customer-Centric Approach: The inclusion of a Customer
Support Department signifies the organization's focus on providing
assistance and addressing the needs of residents and potential
buyers. This department plays a crucial role in enhancing customer
satisfaction and maintaining strong relationships with customers. It
demonstrates a commitment to meeting the requirements of
individuals and families residing in Al Rehman Garden.
 Emphasis on Security and Maintenance: The presence of a
dedicated Security Department and a Maintenance and
Infrastructure Department highlights the importance placed on the
safety, security, and upkeep of the housing scheme. This indicates a
proactive approach to addressing residents' concerns and
maintaining the quality of the infrastructure and common areas
within Al Rehman Garden.
 Potential for Growth and Improvement: While the structure
appears to address the immediate needs of the organization, it's
important to continually evaluate and adapt the structure as the
organization grows

9. Plane of my Internship Program:

a. A brief introduction of the Accounts Department where I did my
internship:
The Accounts Department is a crucial component of any organization,
responsible for managing financial transactions, record-keeping, and
ensuring the organization's financial health. During internship in the

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 Accounts Department, I likely gained valuable insights into its functions
and operations
The Accounts Department is responsible for maintaining accurate and up-
to-date financial records, monitoring financial transactions, and providing
financial reports to aid in decision-making. It plays a vital role in
managing the financial aspects of the organization, including budgeting,
forecasting, and financial analysis.
Some of the key functions and responsibilities of the Accounts
Department may include:
 Bookkeeping and Financial Transactions
 Financial Reporting
 Budgeting and Forecasting
 Payroll Management
 Tax Compliance
 Financial Analysis
 Internal Controls
 Compliance and Auditing
 Internal Controls
 Accounts Payable and Receivable
 Comply with financial policies and regulations
 Report on the company’s financial health and liquidity
 Ensure timely bank payments

b. Starting and ending date of internship:

16 May 2023 TO 26 June 2023

c. Names of the departments in which you got training and the

duration of your training
In Accounts Department I got training and the duration of my training is
6 (Six) Weeks.

10.Training Program:
a. Reason for selecting the organization:
The reason for selecting an organization for a training program also vary
depending on my goals and preferences. Here are some possible reasons
for selecting the organization where I completed my training program:

 Relevance to Field of Study:

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 The organization is aligned with my field of study or career
interests. By selecting this organization, my aimed to gain practical
experience and insights in a domain that is relevant to my
educational background or future career aspirations.
 Reputation and Prestige:
The organization may have a strong reputation within the industry
or a track record of excellence. By choosing this organization, my
aimed to associate myself with a respected and well-established
entity, which could enhance my professional profile and open doors
for future opportunities.
 Learning Opportunities:
The organization may have offered a comprehensive and structured
training program, providing me with valuable learning
opportunities. This could include exposure to different departments,
hands-on experience with industry-specific tools and technologies,
or mentorship from experienced professionals.
 Organizational Culture and Values:
I also attract to the organization's culture, values, and work
environment. The company's mission, vision, and commitment to
employee development and well-being could have influenced my
decision to choose it for my training program.
 Growth Potential:
I have identified growth potential within the organization, such as
opportunities for advancement or the chance to work on innovative
projects. By selecting this organization, my aimed to position
myself for future growth and career progression.
 Networking Opportunities:
The organization may have provided networking opportunities
with professionals in my field. By training in this organization, my
aimed to build valuable connections and expand my professional
network, which can be beneficial for future career prospects.

 Personal Interest or Alignment:

I also have had a personal interest in the organization's industry,
products, or services. By selecting this organization, my aimed to
gain insights and knowledge about a sector that I find intriguing or
have passion for.

b. Duties performed:

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I have performed following duties in Account office of Al Rehman
Garden;
 Bookkeeping:
I have recorded financial transactions, such as purchases, sales,
receipts, and payments, in accounting software or ledgers.
 Accounts Payable:
I have managed the payment of bills, verifying and processing
invoices, and maintaining a system for tracking and ensuring
timely payments to vendors and suppliers.
 Accounts Receivable:
I have Monitored and collecting payments from customers or
clients, issuing invoices, and reconciling any discrepancies.
 Payroll Processing:
I have calculated employee salaries, taxes, and deductions, and
ensuring timely and accurate payment to employees.
 Bank Reconciliation:
Comparing the organization's financial records with bank
statements to ensure accuracy and resolve any discrepancies.
 Budgeting and Forecasting:
Assisting in the preparation of financial budgets and forecasts to
support the organization's financial planning and decision-
making processes.
 Compliance and Taxation:
Ensuring compliance with relevant financial regulations,
preparing tax returns, and providing necessary documentation
for audits.
 Communication and Support:
Collaborating with other departments, assisting in financial
inquiries and providing financial information and support as
needed.

 Work on different Assignments:

I also worked on different types of work like make detail for
registries and rechecking the bills of Toyota Jinnah Motors.
 Store Record:
I have also maintained the record of bills, invoices, dealer
receipts, maintenance books in summarizing form.
 Daily checking other entities report:

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 I also check the report from other entities and verify the entries
in daybook of other entities like Hareef Newspaper, Zarai Farm
houses, Al Rehman Garden Phase V, VII and shapes community
center etc.

11.Learning Experiences:
a) Knowledge Gained:
Working in the Al Rehman Garden accounts department we get
valuable knowledge and skills related to the financial management
of transactions and properties. Here are some key areas of
knowledge you can gain:
 Real Estate Accounting Practices: I learn about the specific
accounting practices and principles relevant to the real estate
industry. This includes understanding how to record and report
real estate transactions, depreciation of assets, property
valuation, and lease accounting.
 Property Management: In accounts departments often work
closely with property management teams. I gain knowledge
about managing rental income, handling tenant payments and
arrears, maintenance and repair expenses, and budgeting for
property improvements.
 Financial Analysis: I developed my skills in analyzing
investment opportunities, evaluating the financial viability of
property projects, and conducting cash flow analysis. This
knowledge can be useful in assessing the profitability and
potential risks associated with real estate investments.
 Lease and Rental Agreements: In accounts departments deal
with the financial aspects of lease agreements, including lease
negotiations, rent collection, and ensuring compliance with lease
terms. I learn about lease accounting, rent escalation clauses,
and the financial implications of lease agreements.

 Software and Technology: Al Rehman Garden accounts

departments often utilize specialized software for property
management, accounting, and financial analysis. I will gain
proficiency in using real estate accounting software,
spreadsheets, and other tools to efficiently manage financial data
and generate reports.

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  Communication and Collaboration: Working in accounts
department involves collaborating with various stakeholders,
such as property managers, brokers, investors, and auditors. I
develop communication skills to effectively interact with these
individuals and contribute to the financial management of real
estate assets.

b) Skills Learned:
Working in the accounts department at Al Rehman Garden I can
helped by develop a range of skills that are valuable in the field of
accounting and finance. I gain skill of data analysis, use of
software, problem solving, communication skills and team work
collaboration.
c) Attitudes/Values:
In the accounts department at Al Rehman Garden, certain attitudes
and values are important for maintaining professionalism, integrity,
and effective financial management like, attention to detail,
Professionalism, teamwork and accountability.
d) Most Challenging Task:
The most challenging task in the accounts department at Al
Rehman Garden are various factors, including the specific
responsibilities, processes, and the organization's unique
circumstances like, Financial Analysis and Forecasting, Budgeting
and Cost Control, Handling Complex Financial Transactions etc.

12.Organizational Analysis:
 Finance Department
The Finance Department of Al Rehman Garden is responsible
for managing the financial aspects of the company's operations.
Key functions and responsibilities of a finance department are
Financial Planning and Analysis, Accounting and Bookkeeping,
Financial Reporting, Internal Controls, Cash Management,
Financial Analysis and Decision Support, Tax Planning and
Compliance etc.
a. Allocation of funds
The allocation of funds is an important function of the
finance department of Al Rehman Garden. Fund
allocation involves deciding how the organization's
financial resources will be distributed among various
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 activities and projects to achieve the company's
objectives effectively. The allocation of funds is
 Funds are Budgeting
 Operating expenses
 Programs and projects
 Capital investments
b. Sources of funds:
The specific sources of funds for Al Rehman Garden are

 Sales and Revenue

 Membership or Subscription Fees
 Loans and Financing
 Investment Income
 Rental income

 Management Department:
Al Rehman Garden has a management department or team
responsible for overseeing various aspects of the organization's
operations. This department may include roles such as;
 Managing Director
 Operations Manager
 Finance Manager
 Human Resources (HR) Manager
 Marketing and Communications Manager
 Project Managers
a) Centralization/Decentralization:
 Centralization and decentralization are two Al
Rehman Garden concepts related to the distribution
of decision-making authority within company.
Centralization refers to a hierarchical Al Rehman
Garden structure where decision-making authority
and control are concentrated at the top levels of
management. In a centralized structure, key
decisions are made by top executives and lower-
level employees have limited decision-making
power. This structure is often characterized by a
clear chain of command and a high level of control
from the top.
Advantages of centralization include streamlined
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 decision-making, consistency in policies and
procedures, and efficient resource allocation. It can
be effective in situations where quick decision-
making is required, or where the company needs to
maintain strict control and standardization.
Decentralization, on the other hand, involves the
delegation of decision-making authority and
responsibility to lower levels within Al Rehman
garden. In a decentralized structure, decision-
making power is distributed across various
departments, teams, or individuals. This structure
allows for greater autonomy and flexibility at lower
levels of the organization.
Decentralization can lead to increased employee
engagement, faster response times to local issues,
and the development of specialized expertise at
different levels.
b) Work specialization:
In Al Rehman Garden work specialization, also known as
division of labor refers to the practice of dividing work
tasks and responsibilities into specialized roles.
Work specialization aims to improve efficiency and
productivity by allowing individuals to focus on specific
tasks and develop expertise in their respective areas.

 Human Resource Department:

The Human Resource (HR) department is an essential part of Al
Rehman Garden. The HR department plays a crucial role in
supporting employees and aligning their efforts with the overall
goals and objectives. Here are some key functions and
responsibilities associated with the HR department
 Recruitment and Hiring
 Employee Relations:
 Performance Management
 Compensation and Benefits
 Training and Development
 Policy Development and Compliance
 Employee Engagement and Retention
 Employee Records and Information
a) Employees’ recruitment and selection:
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 The recruitment and selection process is a crucial function
of the Human Resource (HR) department, which involves
attracting, assessing, and selecting qualified candidates to
fill job vacancies within an organization. This process
ensures that the company hires individuals who possess
the required skills, qualifications, and cultural fit for the
position.
b) Training and Development:
Training and development is a vital function of the
Human Resource (HR) department that focuses on
enhancing the knowledge, skills, abilities, and
competencies of employees within company. It aims to
improve individual and company performance, support
career growth, and adapt to changing business needs.

13.SWOT:
SWOT analysis is a strategic planning tool used to evaluate the strengths,
weaknesses, opportunities, and threats of a particular entity or project. Here's a
SWOT analysis for Al Rehman Garden:
Strengths:
Location: Al Rehman Garden may have a favorable location, offering
proximity to key amenities such as schools, hospitals, shopping centers, and
transportation hubs.
Infrastructure: If Al Rehman Garden has well-developed infrastructure,
including roads, utilities, and public facilities, it can be a significant strength
for the community.
Amenities: If the housing project offers attractive amenities like parks,
playgrounds, community centers, and recreational facilities, it can enhance
the appeal of the development to potential residents.
Affordability: If Al Rehman Garden offers affordable housing options
compared to other similar developments in the area, it can be a significant
competitive advantage.
Weaknesses:
Lack of Recognition: If Al Rehman Garden is a relatively new or lesser-
known housing project, it may face challenges in attracting potential buyers
or investors due to a lack of brand recognition or reputation.
Limited Facilities: If the development lacks essential facilities such as
schools, healthcare centers, or shopping areas within its vicinity, it may be
less attractive to potential residents.
Poor Infrastructure: If the infrastructure in Al Rehman Garden is poorly

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 maintained or inadequate, it may discourage potential buyers or residents
from investing or living there.
Opportunities:
Market Demand: If there is a high demand for affordable housing in the
area where Al Rehman Garden is located, it can present an opportunity for
the project to attract buyers and investors.
Expansion and Growth: If the development has available land for
expansion, there is an opportunity to grow and diversify its offerings to meet
the evolving needs of the market.
Threats:
Economic Factors: Economic fluctuations, such as recessions or inflation,
can impact the purchasing power and affordability of potential buyers,
affecting the demand for housing in Al Rehman Garden.
Competition: If there are other well-established housing projects in the area
that offer better amenities or have a stronger brand presence, it can pose a
threat to the success of Al Rehman Garden.
Regulatory Challenges: Changes in local regulations or government
policies regarding land development, construction, or real estate can pose
challenges and uncertainties for the project.

14.Future Prospects of the Al Rehman Garden:

The future prospects of Al Rehman Garden can be influenced by various
factors. While it's challenging to predict the exact outcomes, here are some
potential future prospects for the development If Al Rehman Garden is
successful in attracting buyers and investors, there may be opportunities for
expansion and further development and increased Property Value as the
housing project Enhanced Infrastructure of Al Rehman Garden provides
better road networks, upgraded utilities, and enhanced public facilities.
Community Development of Al Rehman Garden focuses on fostering a
strong sense of community; it can lead to the formation of an active and
engaged neighborhood. Community events, social programs, and initiatives
aimed at promoting interaction among residents can create a thriving
community. Embracing technological advancements and incorporating smart
home features and sustainable practices can enhance the attractiveness and
competitiveness of Al Rehman Garden in the future. The success of Al
Rehman Garden will depend on effective planning, management, and
adaptation to changing market conditions and consumer preferences.

15.Conclusion:
Based on the SWOT analysis and the information available, Al Rehman Garden

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appears to have both strengths and weaknesses that can influence its future
prospects. The strengths include a favorable location, well-developed
infrastructure, attractive amenities, and affordability. These factors can
contribute to the project's appeal and competitiveness in the housing market.
However, there are also weaknesses that need to be addressed for sustained
success. These include a potential lack of recognition, limited facilities, and the
possibility of poor infrastructure. Overcoming these weaknesses will require
strategic planning, effective marketing efforts, and investments in necessary
amenities and infrastructure improvements
The future prospects of Al Rehman Garden can be promising if certain
opportunities are capitalized upon. These opportunities include market demand
for affordable housing, potential for expansion and growth, and the ability to
create a strong sense of community. By leveraging these opportunities, the
development can attract more buyers and investors, enhance its offerings, and
foster a vibrant and engaged neighborhood.
On the other hand, there are threats that could pose challenges to the success of
Al Rehman Garden. These threats include economic factors, competition from
other established housing projects, and potential regulatory challenges. Staying
informed about market conditions, adapting to changes in regulations, and
implementing effective marketing strategies can help mitigate these threats and
maintain a competitive edge
Overall, Al Rehman Garden has the potential to achieve future success if it can
effectively address its weaknesses, leverage its strengths and opportunities, and
navigate potential threats. It will require a proactive and adaptive approach,
continuous improvement, and a customer-centric focus to meet the evolving
needs and expectations of the market. With careful planning, strategic decision-
making, and a commitment to quality and community development, Al Rehman
Garden can position itself as a desirable and thriving housing project in the
future.

16.Recommendations for Improvement:

Based on the analysis conducted, here are some recommendations for
improving Al Rehman Garden:
Increase Brand Recognition and Marketing Efforts: To overcome the
potential lack of recognition, the development should focus on increasing its
brand visibility and marketing efforts. This can include creating a strong
online presence through social media, advertising in relevant platforms,

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 participating in real estate exhibitions, and leveraging word-of-mouth
referrals.
Enhance Facilities and Infrastructure: Addressing the limited facilities
and potential issues with infrastructure is crucial for the success of Al
Rehman Garden. The development should invest in the development of
essential amenities such as schools, healthcare centers, shopping areas, and
recreational facilities within the vicinity. Additionally, regular maintenance
and improvement of roads, utilities, and public spaces will contribute to the
overall appeal of the project.
Monitor and Adapt to Market Demand: It's essential to stay informed
about the evolving market demand for affordable housing. Conducting
regular market research, analyzing trends, and understanding the preferences
and needs of potential buyers can help Al Rehman Garden adapt its offerings
accordingly.
Embrace Technological Advancements: Keeping up with technological
advancements can enhance the competitiveness of Al Rehman Garden.
Incorporating smart home features, energy-efficient solutions, and digital
platforms for property management and communication can provide added
value to residents.
Build Strong Partnerships: Collaborating with reputable contractors,
architects, and service providers can ensure the quality and timely delivery
of construction projects within Al Rehman Garden. Building strong
partnerships with local businesses, educational institutions, and healthcare
providers can also enhance the overall attractiveness and livability of the
community.
Stay Abreast of Regulatory Changes: To mitigate potential regulatory
challenges, it is crucial to stay updated on local regulations and policies
related to land development, construction, and real estate. This can involve
working closely with legal and regulatory experts, engaging with local
authorities, and adapting the project plans and strategies as necessary to
comply with any changes.

17.Reference & Sources used:

Some data I take from https://alrehmangardens.com/,
https://www.facebook.com/alrehmangarden.official/videos

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