Construction industry belongs to capital industry. It requires other industries to support them and the gross domestic product of the country also contributed by construction industry. In addition, construction industry also requires many workers. Government is the main client of construction industry regarding to their policy in infrastructure development. Demand of construction is in many sizes and types.
Distinguish between money market and capital market. A financial market is a market that involved buyers and sellers to trade in financial assests such as bonds, stocks, currencies and so on. Different financial markets serve different types of customers or different parts of the country. There are many components to a financial market, two of the most commonly used are money markets and capital markets. Money markets are the financial markets in which funds are borrowed or loaned for short periods.
Some other parameters of Differences between a home loan and a plot loan are explained here. • Type of the Property and Location: Plot loans comprise of two to three basic categories in which loans are sanctioned the categories are residential land loan, agricultural land loan, and commercial land loan. Each of them is different from each other in terms of interest rates, EMIs, approval, and preconditions. The location of the plot matters a lot. In most cases, the plot has to be located in the municipal or corporation limits.
The so called housing is the house that built for residential use which provides basically private and secure place for people to live in. There are many different ways to classified housing, for example, according the provided party standard, these are commercial housing and public housing; according to the business standard, there are general commercial housing and low-profit housing; according to the customers standard, there are social housing and business housing. Housing is not only has the characteristics of commercial profit but social security protection. Affordable housing is an important part of social housing security protection, provided by local government to the customers who is low income household or has lower competition power in social market. Many countries government use affordable housing policy to organize the social security system.
In the United States, the capital market is the selling and buying of long-term securities backed by debt and equity. The capital market is supervised and regulated by the Securitas and Exchange Commission. But capital market activities take place in two major stock exchange markets: The New York Stock Exchange, and
The informal rental housing markets are present in section B, C and D of the sub-markets indicated in table 1. As depicted in table 1, regular housing markets are mostly in the formal areas where the states intervened through planning, allocating and regulating as the residential zone of land use. The slum housing markets are previously suitable for residence but now deteriorating due to miss management and other factors within as well as external. Good examples are government housing scheme in Morata in Port Moresby and 2 Mile in Lae in the 1980’s. Invasion housing markets are mostly on the good buildable customary land on the peri- urban.
In its world development report 2014, the World Bank termed it a ‘Stellar Example of Rural Development’.In 1972-1973 employment Guarantee Scheme was first announced in Maharashtra. It is First Indian state to have an employment generating scheme based on a right to livehood approach. In 1980 the food for work program was restructure and renamed as National Rural Employment programme(NREP). It was based on 50% of the central funding. Around 3,00,400 million man days and community assets of sustainable nature were expected to be produced.
While in the housing sector it is almost 100%, in industry it is about 20% to 40% and about 80% in some infrastructural sectors. In all these fields, the role of the construction industry is that of a catalyst, boosting with multiplier effect, the activities and output of other sectors of the economy. Construction projects may be classified in different groups as under, depending on the type of construction. 1. Buildings : residential, office, apartment blocks, educational institutions, hospitals, recreation centers, laboratory, factory sheds, warehouses, different types of utility and services buildings etc.
Capital market is the market for long term loans and equity capital. The stock market plays a vital role in economic development of a nation, since it acts as mediator between borrowers and lenders. A well-function stock market will contribute to development of an economy through two important channels such as boosting saving and allowing for more efficient allocation of resources Baskin, J. (1989). Stock market is an important part of the economy of a country.