HOSPITALITY MANAGEMENT

Mumbai BKC

Guided By- Mr. GOVIND MUNDRA

GROUP-2
 TEAM MEMBERS
CHRIST STEVE EKKA-MBATHM01009

DEBASISH SAMANTA-MBATHM01010

DIVYA PANDEY-MBATHM01011

DIVYANI PANDEY-MBATHM01012

JAYESH PANIGRAHI-MBATHM01013

KHOMESHWARI LIKHAR-MBATHM01014

KUMAR SAURAV PRASAD-MBATHM01015

MANOJ KUMAR-MBATHM01016
1)Market Area Analysis
2)Site and Area Evaluation
3)Supply and Demand Analysis
4)Proposed Facilities and Services
5)Projection of Occupancy & Average
Rate
6)Projection of Income & Expenses
7)Feasibility Analysis
8)Conclusion
1. Market Area Analysis
● The evolution and
current day scenario
with a clear structure
as to how the place
looks and where it
actually is.
● Wasteland to
Landmark of Mumbai!
Market Area Analysis

● Approximately 20 lakh Job Opportunities in 370 hectares of land.

● Accessibility:

Two major Railway Terminals in the vicinity of G block: Bandra Terminus To

Lokmanya Tilak Terminus.

Two major Roadways Connections are Western Express Highway and

Chunabhatti-BKC flyover.

● 42% of the land is for commercial purposes, 14% for residential and the
remaining for open spaces for various Activities.
2. Site and Area Evaluation

Physical Characteristics
It covers 370 hectares of once low-lying land on either side of the Mithi river, Vakola Nalla and Mahim Creek.

Access Railway and Airport

'G' Block of Bandra Kurla Complex, which is located between Bandra and Kurla, both of which are major railway stations and have railway
terminals (Bandra Terminus and Lokmanya Tilak Terminus, respectively) in their vicinity on the Western and Central lines respectively, of the
Mumbai Suburban Railway.

In addition to the suburban railway,Line II of Phase 1 of the Mumbai Metro project passes through the IFBC and has 4 stations near and within
BKC (i.e., MMRDA, Income Tax Office, Bharat Nagar and Complex Road), other than Bandra (Metro) and Kurla (Metro) stations.

BKC can also be accessed through the Western Express Highway, a major expressway in Mumbai, via the Kalanagar Junction and BKC Road,
which passes through the IFBC. And also there is link road to connect Eastern express highway.

The Mumbai International Airport is just 20 minutes

Site and Area Evaluation

Neighbourhood
The nearby localities are Kalina and Bandra East.

The locality has prominent schools and colleges like Dhirubhai Ambani International School, American School of Bombay, and Ascend
International School, Raheja College, IES College of Architecture, and University of Mumbai. The area hospitals like Gurunanak Hospital,
Asian Heart Institute, City hospital, and Niron hospital.

Proximity to local demand generator and attraction

High
3. Supply and Demand Analysis

1. National Trends Overview

2. Definition of Subject Hotel Market
3. Historical Supply & Demand Data
4. Seasonality & Patterns of Demand
5. Primary & Secondary Competition
Supply and Demand Analysis
Rental Values in Mumbai West

BKC commands highest rentals

all commercial office destination
in all over mumbai.
 PROPOSED BRANDED HOTEL ROOMS ACROSS MUMBAI (2016/17 – 2021/22)

By 2021/22 estimated hotel rooms will be 14,864.

4. Proposed Services and Facilities
A) KEY OFFICE COMPLEXES:
● Reliance Convention Centre
● International Finance Service Centre

B) PHYSICAL INFRASTRUCTURE:
● Mumbai metro line 3 & 2
● Mumbai-Ahmedabad high speed rail
corridor
● Elevated Roads and flyover

a. Dharavi to Bandra Worli Sea Link

b. MTNL Junction to LBS Flyover at Kurla

c. Vakola Flyover to SCLR

b. BKC to Chunabhatti
● Ride within Bandra Kurla Complex
with new e-bike facility

C) SOCIAL INFRASTRUCTURE
● Mithi River Beautification
● Hotels(Trident and Sofitel)

D) COVID FACILITY
 5. PROJECTION OF OCCUPANCY & AVERAGE RATE

Property’s Occupancy:
Average Rate Analysis:
Competitive Position:
6. Projection of Income and Expense
Revenue

Your Company reported a total income of INR 15,137.41 lakhs in the

Financial Year 2018-19 (“year under review”), versus INR 5,761.57 lakhs in
the Financial Year 2017-18 (“previous year”).

Operating Profit/ (Loss)

Profit before Interest, Tax and Depreciation was at INR 11,234.67 lakhs
versus a profit of INR 3,441.19lakhs in the previous year.
7. Feasibility Analysis
Cost Benefit Analysis for the Intelligent zones option showcases a negative NPV
and the investment will not be paid back
Feasibility Analysis

Intelligent street lights with solar panel will not be paid back within the ten year
period but the upward trend of the cumulative cash flow suggests a longer
payback period
8. Conclusion

Our analysis justify the investment for long term.

Risk associated with the development

• Time Overrun

• Cost Overrun

• Experience of Operator

• Economic condition/shocks