assignment Capstone

Meghdoot Housing Agency

Name

Institution

Meghdoot Housing Agency

There is no doubt that India is struggling with housing problems due to the increased urbanization as well the general growth in population. In this regard, it is appropriate to find housing agencies that will work tirelessly to address the housing problem in India. There are many housing agencies that can be used to address the runaway housing problem in India. However, the most suitable of all is the Meghdoot housing agency (Ahluwalia, Kanbur, Mohanty, 2014). This agency has been chosen due to the fact that it is capable of assisting the government in developing low-cost houses for the middle and low-class workers in the city of Mumbai. This paper identifies and discusses the core values of the agency, the vision, and mission of the agency, and its key stakeholder with respect to its commitment to addressing the housing problem.

Question I

Meghdoot housing agency is a well-established housing agency situated in Mumbai whose core values are delivering quality affordable houses, commitment, consistency, and reliability. However, it is important to understand the extent or the degree to which these core values are aligned with social change in the city of Mumbai. Therefore in this regard, the agency’s core values are fundamentally established to help people improve their lives by building low cost or affordable houses that can either be bought or rented by the low-income community. This involves special programs that the agency has in place to meet the needs of the under-served population (Ahluwalia et al., 2014). The core values of the agency support the needs of the people in different ways. For instance, the agency’ core values support its vision as well as reflecting what the agency values the most; providing low-cost houses. Equally, the help the agency in making important decisions regarding the quality of the houses constructed.

Question II

Like many other agencies across the world, Meghdoot housing agency has a compelling mission that has enabled it to reach an expansive population. The mission of the agency is to offer its customers best deals in residential and commercial properties. This proves to be an important input in guiding the decisions of the agency regarding the construction of residential properties that would be acquired at affordable costs. There is no doubt that the mission of the agency is aligned with its core values. For instance, the agency’s mission enables it to develop strategies that consistently meet the needs of the people (Sengupta & Shaw, 2017). Elsewhere, the mission statement promotes social change in the sense that it guides the decisions of the agency regarding the construction of low-cost houses so as to eradicate the housing problem in Mumbai city. On the other hand, the mission statement of this agency provides evidence of how the agency supports the well-being of the society and the international community. For instance, the agency is committed to building residential and commercial properties. This is useful for meeting the ever-increasing demand for housing to meet both local needs as well as the international needs since expatriates are sent to India and will need accommodation.

Question III

There is no doubt that Meghdoot housing agency has a compelling vision statement. The agency’s vision statement asserts that Meghdoot takes pride in providing professional yet personalized services to its clients so as to develop or establish a long-term relationship for the benefit of all the stakeholders. The agency’s vision is aligned with its core values in the sense that is committed to delivering quality low-cost houses to meet the needs of the ever increasing population in the city of Mumbai (Gopalan & Venkataraman, 2015). Elsewhere, the agency’s vision statement promotes social change in the sense that the agency leverages on it to continue building low cost or affordable houses to meet the needs of an exploding population. The construction of affordable houses contributes positively towards bringing about social change and has a good number of people housed. It is worth noting that the agency’s vision statement provides evidence of how the agency is contributing to the well-being of the society by addressing the housing problem in Mumbai city. Equally, the agency is guided by its vision statement when making important decisions regarding the construction of affordable houses.

Question IV

It is important to understand and appreciate the fact that an agency cannot be successful without having committed stakeholders. Therefore in this regard, Meghdoot housing agency’s stakeholders include the government which provides the required regulations regarding the construction of houses, the customers who contribute to the existence of the agency by buying or renting the properties and the project managers. It is important o recognize the fact that stakeholders are either internal or external. For instance, the government is an external stakeholder since it provides regulatory services to the agency. Elsewhere, the customers are equally external stakeholders in the sense that they enable the agency’s project to succeed by buying or renting houses from them. On the other hand, the project managers are internal stakeholders that they are directly involved in the development and running of the project or the agency. All the stakeholders play different roles (Gopalan & Venkataraman, 2015). For instance, the government regulates the business, the customers play a recipient role by buying or renting completed houses while the project managers are involved in the leadership and management of the agency. Each of the stakeholders is a useful element in gathering information to be used in developing strategic plans. For instance, the government will provide information regarding house plans as well as the need to address the market gap between the low-income earners. Elsewhere, the customers are the rich source of information in the sense that they will provide their specifications as well as to what extent they can afford the houses. This will save the agency of monies that would have been spent on developing complex houses that will not be occupied the soonest possible. On the other hand, the management provides useful information based on their market survey and their findings regarding what the market needs.

Reference

Ahluwalia, I.J., Kanbur, R. ., Mohanty, P.K. (2014).Urbanisation in India: Challenges, Opportunities, and the Way Forward. SAGE Publishing India

Gopalan, K., & Venkataraman, M. (2015). Affordable housing: Policy and practice in India. IIMB Management Review, 27(2), 129-140.

Sengupta, U., & Shaw, A. (Eds.). (2017). Trends and Issues in Housing in Asia: Coming off an Age. Taylor & Francis.