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PROJECT REPORT

OF
HOTEL VIDHANI
BUSSINESS ADDRESS
TTC NAVI MUMBAI

HOTEL & BUSINESS CENTER


AREA : 4881 SQ MTRS
PROPRIETOR
JAYESH R. VIDHANI

SCHEME AT:
MAHARASHTRA INDUSTRIAL DEVELOPMENT CORPORATION
( MIDC )
TTC NAVI MUMBAI

INTRODUCTION : a) Name of the Unit

HOTEL VIDHANI INN

b) Constitution
c) Name of the Applicant

PROPOSED PVT. LTD.


JAYESH R. VIDHANI
(CHIEF PROMOTOR)

d) Communication Address

PLOT NO. D - 2/233


TTC MIDC AREA, THANE BELAPUR ROAD,
NAVI MUMBAI

e) Address of location of unit

f) Qualification

PLOT NO. D - 2/233


TTC MIDC AREA, THANE BELAPUR ROAD,
NAVI MUMBAI
B. COM

g) Age

43 YEARS

h) Experience

KNOWS THE LINE

i) Capacity

125 ROOMS

j) Power requirements

990 KV

k) Man Power requirements

105

L) COST OF PROJECT

4010.00 ( IN LAKHS )

M) ACTIVITY TO BE STARTED

TO SETUP HOTEL & BUSINESS CENTER

N) REMARKS

GOOD SCOPE IN ABOVE LINE OF BUSINESS

O) SPECIAL FACTORS

THIS LOCATION IS SELECTED AS IT IS


SURROUNDED BY FASTEST DEVLOPING
AREA IN NAVI MUMBAI. THERE WILL BE
GOOD SCOPE TO GENERATE EMPLOYEMENT
FOR MORE THAN 100 SKILLED AND UNSKILL

STAFF AND WILL ATTRACT TOURIST TO THE


HOTEL. IT WILL BECOME LANDMARK IN
NAVI MUMBAI,

DIRECT WAGES AND LABOUR CHARGES


PARTICULARS
MANAGERIAL & SUPERVISORY
STAFF

25

SALARY
18000

SKILLED WORKERS

40

12000

UNSKILLED WORKERS

35

8000

6000

105

44000

WATCHMEN

TOTAL
ADD: 20% OTHER BENEFITS
TOTAL
TOTAL YEARLY

NOS.

SO WAGES FOR NEXT 5 YEARS WILL BE WITH 10% INCREASE IN EVERY YEAR
Rs.
I st year
17856000
II nd year
19641600
III rd year
21605760
IV th year
23766336
V th year
26142970

STATEMENT OF FIXED ASSETS & DEPRECIATION


( DEPRECIABLE ASSETS )
YEARS

PARTICULARS
RATE
1 COST OF ASSETS/PROPER
Less : Depreciation
CLOSING BALANCES

FURNITU MACHINERY
@
RE @
@
10%
10%
15%
1344.30
525.70
800.00
134.43
52.57
120.00
1209.87
473.13
680.00

2 COST OF ASSETS/PROPER
Less : Depreciation
CLOSING BALANCES

1209.87
120.99
1088.88

473.13
47.31
425.82

680.00
102.00
578.00

3 COST OF ASSETS/PROPER
Less : Depreciation
CLOSING BALANCES

1088.88
108.89
979.99

425.82
42.58
383.24

578.00
86.70
491.30

4 COST OF ASSETS/PROPER
Less : Depreciation
CLOSING BALANCES

979.99
98.00
882.00

383.24
38.32
344.91

491.30
73.70
417.61

5 COST OF ASSETS/PROPER
Less : Depreciation
CLOSING BALANCES

882.00
88.20
793.80

344.91
34.49
310.42

417.61
62.64
354.96

6 COST OF ASSETS/PROPER
Less : Depreciation
CLOSING BALANCES

793.80
79.38
714.42

310.42
31.04
279.38

354.96
53.24
301.72

7 COST OF ASSETS/PROPER
Less : Depreciation
CLOSING BALANCES

714.42
71.44
642.97

279.38
27.94
251.44

301.72
45.26
256.46

BUILDING

OTHER PRODUCTION EXPENSES


REPAIRS & MAINTENANCE
INSURANCE
CONSUMABLE & OTHER EXP.
TOTAL

100000
1000000
100000
1200000

SO NEXT 5 YEARS THE OTHER PRODUCTION EXPENSES WILL BE AS BELOW WITH 10% INCREASE
IN EVERY YEAR
Rs.
I st year
1200000
II nd year
1320000
III rd year
1452000
IV th year
1597200
V th year
1756920
SELLING AND ADMINISTRATIVE EXPENSES
A) SALARIES TO ADMINISTRATIVE STAFF
PARTICULARS
NOS.
ACCOUNTANT
CLERK
PEON
TOTAL
ADD: 20% OTHER BENEFITS
TOTAL A)
B) OTHER EXPENSES
RENT
LEGAL & PROFESSIONAL CHARGES
commercial & STATIONERY
TRAVELLING & CONVEYANCE
MISCELLANEOUS EXPENSES
BANK COMMISSION & OTHER CHARGES

SALARY
PER MONTH
1
20000
2
8000
2
5000
5
33000

TOTAL B
TOTAL ( A + B )
SO THE ADMINISTRATIVE EXPENSES FOR THE NEXT 5 YEARS WILL BE AS BELOW 10% INCREASE
IN EVERY YEAR
Rs.
I st year
1028400
II nd year
1131240
III rd year
1244364
IV th year
1368800
V th year
1505680

SCHEDULE NO. 1
FINANCIAL VIABILITY
PARTICULARS
COST OF PROJECT
LAND

2600 M2

40000

BUILDING

4481 M2

30000

EQUIPMENTS
FURNITURE
WORKING CAPITAL

TOTAL
MEANS OF FINANCE
DIRECTORS CAPITAL

25%

TERM LOAN FROM BANK

75%

TOTAL

100%

PROFITABILITY STATEMENT
SCHEDULE NO. 2
PRATICULARS

I YEAR

II YEAR

III YEAR

A) SALES REVENUE
SALES

29260

37083.20 48595.78

TOTAL A

29260

37083.20 48595.78

B) COST OF PRODUCTION
COST OF RAW MATERIAL
LABOUR
POWER AND FUEL
OTHER PRODUCTION EXPENSES
SELLING & ADMIN. EXPENSES
INT. ON TERM LOAN
INT. ON UNSECURED LOAN
INT. ON WORKIG CAPITAL
DEPRECIATION
ADD. OPENING STOCK
LESS. CLOSING STOCK
TOTAL B
C) NET PROFIT
D) TAXATION
E) PROFIT AFTER TAX
ADD. DEPRECIATION

22000.00
178.56
178.56
12.00
10.28
451.13
0.00
45.00
307.00
23182.53
0.00
23182.53
1540.00
21642.53
7617.47
1904.37
5713.10
307.00
6020.10

29040.00
196.42
196.42
13.20
11.31
360.90
0.00
0.90
270.30
30089.44
1540.00
31629.44
2032.80
29596.64

38066.60
216.06
216.06
14.52
12.44
270.68
0.00
1.05
238.17
39035.57
2032.80
41068.37
2664.66
38403.71

7486.56 10192.07
1871.64 2548.02
5614.92 7644.05
270.30
238.17
5885.22 7882.22

LESS. REPAYMENT OF TERM LOAN


SURPLUS AVAILABLE

1052.63
4967.48

962.40
4922.82

872.18
7010.04

DEBTS SERVICE COVERAGE RATIO


SCHEDULE NO. 3

PARTICULARS

I YEAR

II YEAR

III YEAR

A) NET PROFIT

5713.10

5614.92

7644.05

DEPRECIATION

307.00

270.30

238.17

INTEREST ON TERM LOAN

451.13

360.90

270.68

TOTAL A
B) INTEREST ON TERM LOAN
REPAYMENT OF TERM LOAN
TOTAL B

DSCR ( A/B )
AVERAGE OF DSCR

6471.23

6246.12 8152.89

451.13

360.90

270.68

1052.63

962.40

872.18

1503.75

4.30
31

1323.30 1142.85

4.72

7.13

SCHEDULE NO. 4
CASH FLOW STATEMENT
PARTICULARS

I YEAR

II YEAR

III YEAR

A) SOURCE OF FUNDS:
1)NET PROFIT BEFORE TAXES WITH INTEREST

6871.85

6794.46

9558.06

0
307.00
0
0
0
0

0
270.30
0
0
0
0

0
238.17
0
0
0
0

300
0
0

345
0
0

396.75
0
0

ADDED BACK BUT AFTER DEPT.&INVEST ALLOW

2) PROMOTERS & FRIENDS CAPITAL INVEST.


3) DEPRECIATION
4) INVESTMENT ALLOWENCES
5) INCREASED IN LONG TERM LOAN
6) INCREASE IN DEFERRED PAYMENT FACILITIES
7)INCREASE IN UNSECURED LOANS & DEPOSITS
8) INCREASE IN BANK BORROWING FOR
WORKING CAPITAL
9) SALE OF FIXED ASSETS
10) OCTROI REFUND, SALES TAX REFUND
INCENTIVES

TOTAL A

0
7478.85

PARTICULARS

I YEAR

11) OTHERS

B) UTILISATION OF FUNDS
1) INCREASE IN FUNDS
2) INCREASE IN CAPITAL EXPENSES
3) INCREASE IN CURRENT ASSETS
INVENTORIES & DEBTORS, ETC,
4) DECREASE IN LONG TERM LOAN
5) DECREASE IN UNSECURED LOAN &

0
0
7409.76 10192.98
II YEAR

III YEAR

0
0
5

0
0
10

0
0
15

0.00

0.00

0.00

DEPOSITS
6) WITHDRAWALS BY THE PROPRIETOR
7) INCREASE IN INVESTMENT
8) INTEREST
9) TAXATION
10) BORROWING
11) OTHERS EXPENSES
TOTAL B

0
100.25

0
115.29

0
132.58

496.13
1904.37

361.80
1871.64

271.73
2548.02

2505.74

2358.73

2967.32

C) OPENING BALANCE
D) NET SURPLUS ( A-B )
E) CLOSING BALANCE

0.00
4973.10
4973.10

1540.00
5051.03
6591.03

2032.80
7225.66
9258.46

SCHEDULE NO. 5
PROJECTED BALANCE SHEET
PARTICULARS
LIABILITIES

I YEAR

OWN CAPITAL

1002.50

1152.88

1325.81

TERM LOAN FROM BANK

1052.63

962.40

872.18

0.00

0.00

0.00

CASH CREDIT FROM BANK


PROFIT & LOSS
PAYABLE
TOTAL

0.00
22000.00
24055.13

II YEAR

III YEAR

0.00
0.00
29040.00 38066.60
31155.28 40264.58

ASSETS
FIXED ASSETS
NET BLOCK OF ASSETS

2363.00

2092.70

1854.53

CURRENT ASSETS
RECEIVABLES
STOCK

12319.02
2200.00

17535.51 24219.80
2904.00

3806.66

INVESTMENT & ADVANCES

2200.00

2904.00

3806.66

CASH & BANK BALANCES

4973.10

5719.07

6576.93

TOTAL

24055.13
0.00

31155.28 40264.58
0.00
0.00

DETAILED PROJECT REPORT


1. INTRODUCTION
Aurangabad and surrounding is developing very fast due to fast industrialisation in this area viz.,
Aurangabad estate, waluj, chikalthana & shendra. The said industrial area is already established
with many multinational like SCODA and automobile press like BAJAJ AUTO and Auto ancillaries
unit like VERROC, ENDURANCE etc. beside there is also many pharma companies and Breveries
companies surrrounded in all this industrial area , hence opening a unit in this area is very much
benificery due to good infrastructure for growing new press in this area.
2. PROMOTERS PROFILE
NAME OF APPLICANT

AMIT MANGESH KULKARNI

ADDRESS

AURANGABAD

PROPOSED LOCATION

MIDC SHENDRA

EDUCATION

GRADUATE

EXPERIENCE

KNOWS THE LINE

PROPOSED ACTIVITY

commercial PRODUCTS

DETAILED PROJECT REPORT ( DPR)


1. INTRODUCTION
Aurangabad and surrounding is devloping very fast Industrialisation in this
area viz. , Aurangabad estate, Waluj, Chikalthana & shendra. The said
industrial area is already established with many multinational like SCODA
and automobile press lie BAJAJ AUTO and Auto ancillaries unit VERROC,
ENDURANCE etc, beside there is also many Pharma companies and Breveries
companies surrounded in all this industrial area, hence opening a unit in this
area is very much benificary due to good infrastructure for growing new
industries in this area.
2.PROMOTERS PROFILE
NAME OF DIRECTORS

1. VINOD PREMCHAND SURANA


2. SANTOSH SHANTILAL MUTHIYAN

ADDRESS

PREMCHAND REALTORS PVT. LTD.


D-5, MIDC CHIKALTHANA,
AURANGABAD

PROPOSED LOCATION

MIDC CHIKALTHANA

EDUCATION

KNOWS THE LINE

EXPERIENCE

KNOWS THE LINE

PROPOSED ACTIVITY

COMMERCIAL - SERVICE
APARTMENTS, OFFICES

3. CONSTITUTION OF THE COMPANY


PRIVATE LIMITED

4. REGISTRATION DETAILS

5. UNIT REGISTRATION DETAILS


The unit is registered in PART - I EM with
registration number as follows

6. EXISTING BUSINESS OF THE PROMOTERS AND DETAILS THEREOF


The proprietor is an men enterpreneurs and belonging to an business family having business in
commercial appt. , many of the persons required various plots/ appt. which is
used on the business offices etc As the promoter is itself in the commercial appt. building
manufacturing business from last 5-10 yrs in manufacturing in commercial etc. so he need land to
start the commercial buildings

7. LOCATION AND ITS SELECTION

Location of the unit is at MIDC CHIKALTHANA, Tq. Dist. Aurangabad the said location has been selected
as is ts surrounded by fastest developing area in construction , press viz. five star Shendra
Industrial Area , Chikalthana Industrial Area etc. and in construction shopping center, appartments,
corporate office in short it in the new aurangabad zone. As all this construction sites are nearer to
the project so requirment of the product will be heavy and scope for business will very high.

8. MARKETS AND ITS ANALYSIS


Our said commercial appt will be required in business site where there is huge requirement of the
commercial appt which are hughy required by companies . Due to this various merits of the
commercial appt there is huge demand and at present there are very few manufacturer of this
commercial appt in this area.

9. IMPLEMENTION SCHEDULE WITH TIME CHART


As the proposal is a transfer case where already a prepared shed will be purchased.

INTEREST CHARGES & REPAYMENT OF LOAN

It's proposed to raise a sum of Rs. 903.44/- (IN LKHS) meet requirement Term

It is proposed to pay interest on Term Loan @ 15% p.a. and on Cash Credit L

First year requested for a moratorium period, next six years shall be pay bac

& principal also. The below mentioned table gives abstract of data of interes
& expected outstanding balances at the end of each year, amount will be re
five yearly equal and last installments are recovered out of fixed deposits w
YEARS

OPENING
Balances

Interest
Amount

Principal
Amount

3007.50

451.13

II

3007.50

451.13

601.50

III

2406.00

360.90

601.50

IV

1804.50

270.68

601.50

1203.00

180.45

601.50

VI

601.50

90.23

601.50

Moratorium

INTEREST ON WORKING CAPITAL

CORPORATION
YEARS

LOAN AMOUNT
RS. IN LAKHS

300

II

III

IV

HANI INN

EA, THANE BELAPUR ROAD,

EA, THANE BELAPUR ROAD,

IN LAKHS )

OTEL & BUSINESS CENTER

E IN ABOVE LINE OF BUSINESS

ON IS SELECTED AS IT IS
D BY FASTEST DEVLOPING
I MUMBAI. THERE WILL BE
E TO GENERATE EMPLOYEMENT
HAN 100 SKILLED AND UNSKILLED

WILL ATTRACT TOURIST TO THE


LL BECOME LANDMARK IN

TOTAL SALARY
450000

480000
280000
30000

1240000
248000
1488000
17856000

EVERY YEAR

1331
53240

0
0
0
0
0

10

EPRECIATION

MACHINERY

TOTAL

2670.00
307.00
2363.00
2363.00
270.30
2092.70
2092.70
238.17
1854.53
1854.53
210.02
1644.51
1644.51
185.33
1459.18
1459.18
163.67
1295.51
1295.51
144.64
1150.88

OW WITH 10% INCREASE

TOTAL SALARY
PER YEAR
240000
192000
120000
552000
110400
662400

500000
200000
30000
50000
36000
50000

16000
10000

366000
1028400

S BELOW 10% INCREASE

TOTAL
IN LAKHS
1040.00
1344.30
800.00
525.70
300.00

4010.00

1002.50
3007.50

4010.00

2000
1670

IV YEAR

V YEAR

63308.27

82056.93

63308.27

82056.93

49603.71
237.66
237.66
15.97
13.69
180.45
0.00
1.20
210.02
50500.36
2664.66
53165.02
3472.26
49692.77

64307.66
261.43
261.43
17.57
15.06
90.23
0.00
1.35
185.33
65140.06
3472.26
68612.32
4501.54
64110.78

13615.50
3403.88
10211.63
210.02
10421.65

17946.15
4486.54
13459.62
185.33
13644.95

781.95
9639.70

691.73
12953.22

IV YEAR

V YEAR

10211.63

13459.62

210.02

185.33

180.45

90.23

10602.10

13735.17

180.45

90.23

781.95

691.73

962.40

781.95

11.02

17.57

IV YEAR

V YEAR

13043.57

17439.76

0
210.02
0
0
0
0

0
185.33
0
0
0
0

456.26
0
0

524.70
0
0

0
13709.85

0
18149.79

IV YEAR

V YEAR

0
0
20

0
0
25

0.00

0.00

3007.50

0
152.47

0
175.34

181.65
3403.88

91.58
4486.54

3757.99

4778.45

2664.66
9951.86
12616.52

3472.26
13371.34
16843.60

IV YEAR

V YEAR

1524.68

1753.38

781.95

691.73

0.00

0.00

0.00
49603.71
51910.34

0.00
64307.66
66752.77

1644.51

1459.18

32781.61

43734.07

4960.37

6430.77

11736.10

13619.77 16044.78

4960.37

6430.77

7563.47

8697.99

51910.34
0.00

66752.77
0.00

ialisation in this area viz.,


ea is already established
TO and Auto ancillaries
ompanies and Breveries
in this area is very much

SH KULKARNI

PRODUCTS

ORT ( DPR)

strialisation in this
ndra. The said
tional like SCODA
s unit VERROC,
panies and Breveries
opening a unit in this
for growing new

PREMCHAND SURANA
SH SHANTILAL MUTHIYAN

ND REALTORS PVT. LTD.


CHIKALTHANA,

KALTHANA

IAL - SERVICE
NTS, OFFICES

gistered in PART - I EM with


number as follows

DETAILS THEREOF

amily having business in

ercial appt. building


cial etc. so he need land to

said location has been selected


z. five star Shendra
opping center, appartments,
truction sites are nearer to
siness will very high.

s huge requirement of the


various merits of the
ew manufacturer of this

e purchased.

MENT OF LOAN

eet requirement Term Loan from Bank.

and on Cash Credit Loan @ 15%p.a.

ears shall be pay back period in qurterly interest

act of data of interest and installments payable


ar, amount will be repaid within installmnts
t of fixed deposits with interest.

Moratorium

Total
Repayment

Closing Balances

451.13

3007.50

1052.63

2406.00

962.40

1804.50

872.18

1203.00

781.95

601.50

691.73

0.00

INTEREST @
15%
45
0.9
1.05
1.2
1

SALES REVENUE STATEMENT


PARTICULARS

Total no. of production


Cost of production/day
Gross turnover in yr
Avg. rate of raw
material
SALES VALUE
SALES VALUE IN LAKHS

10000
400000
4000000000
85

PARTICULARS
UILISATION CAPACITY
PRODUCTION
ADD: OPENING STOCK

I
55%
3080000000
0
3080000000
154000000
2926000000

LESS CLOSING STOCK


TOTAL SALES VALUE

5600000000
56000

TOTAL SALES VALUE


29260
IN LAKHS
COST OF RAW MATERIAL CONSUMED
PARTICULARS

I YEAR

CAPACITY
UTILISATION

55%

COST OF
PRODUCTION

COST OF
PRODUCTION IN LAKHS

2200000000

22000

23018.70

5.5

1570000
314000
1256000

II

III

IV

11000
440000
4840000000
85

12100
484000
5856400000
85

13310
532400
7086244000
85

14641
585640
8574355240
85

6776000000
67760.00

8198960000
81989.60

9920741600
99207.42

12004097336
120040.97

II
60%
4065600000
154000000
3911600000
203280000
3708320000

III
65%
5329324000
203280000
5126044000
266466200
4859577800

IV
70%
6944519120
266466200
6678052920
347225956
6330826964

V
75%
9003073002
347225956
8655847046
450153650
8205693396

37083.20

48595.78

63308.27

82056.93

II YEAR

III YEAR

IV YEAR

V YEAR

60%

65%

70%

75%

2904000000

3806660000

4960370800

6430766430

29040.00

38066.60

49603.71

64307.66

24000