MARRIAGE HALL (WEDDING HALL)
[CODE NO.3147]
Now a days, clients prefer highest level of comfort with well-furnished and self-contained, A C rooms and Halls and business center having all basic facilities and modern amenities. Their choices have become such luxurious due to only handful of weddings in their homes so they prefer to be grand affaire. The highlight is its design which ensures unobtrusive vision. Those Banquet Halls are preferred whose premises are Centrally located so that its convenient for its guests to reach. Also public transport like should have best connectivity of AC and non AC Bus services along with cars to reach there hassle free. If banquets location have peaceful surrounding with soothing ambiance which could enthralls the guests with an out-of-the-world experience.
Indian traditions are so rich and our emotional standards are so high that most of the ceremonies/functions become simply a monument of show-off and extravagance. Even an ordinary man spends so luxubirantly on the marriages that it becomes a burden on him for the whole life.
But, crux of this evil is to be found out before lamenting on what hell is going on by way of marriages and parties of high standard. The moneyed people actually spend so extravagantly on these occasions that lower strata of people start feeling sort of nothingness if they don't perform their functions almost with the same pomp and show. In this way a bling race starts which ultimately ends in the bankruptcy and similar other brunts on the remaining life of the average or low strata of people who happen to perform such
personal functions. An average man in the rising price conditions is even otherwise very much troubled.
These extraordinary events break the very back bones of normal families whenever these occasions are celebrated. This extravagance and personal show must go. But, how?
Standardization is the answer. The government has been enforcing several laws against extravagance in marriages. But, these are of no result.
The traditional Indian wedding, a chaotic mix of color, food, music and melodrama, has undergone a makeover, and spawned a new industry.
The marigolds are being replaced by orchids, the impromptu song and dance by professionally choreographed performances, folk songs have given way to the latest Bollywood remixes and the cuisine is Thai, Italian, Vietnamese, you name it. Then add signature cocktails, bespoke wedding stationary, live twitter updates and more.
COST ESTIMATION
Plant Capacity : MARRIAGE HALL (WEDDING HALL)
Land & Building (23000 Sq.ft) : Rs. 1.41 Cr
Plant & Machinery : Rs. 19.00 Lacs
Working Capital for 1 Month : Rs. 25.17 Lacs
Total Capital Investment : Rs. 1.49 Cr
Rate of Return : 60%
Break Even Point : 41%
INTRODUCTION
DEVELOPMENT OF TOURISM
PROSPECTIVE OF WEDDING CEREMONIES
OPPORTUNITY IN INDIAN WEDDING MARKET
OVERVIEW OF INDIAN WEDDING INDUSTRY
MARKET SURVEY
PRESENTLY RUNNING MARRIAGE HALLS
ORGANISATIONAL ASPECTS IN MARRIAGE HALL
TECHNO - ECONOMIC ASPECTS
CONCLUSION
EXPLANATION OF TERMS USED IN THE PROJECT REPORT
PROJECT IMPLEMENTATION SCHEDULES
SUPPLIERS OF EQUIPMENTS
DETAILS OF CIVIL AND RENOVATIONS WORK
APPENDIX – A:
1. COST OF PLANT ECONOMICS
2. LAND & BUILDING
3. PLANT AND MACHINERY
4. FIXED CAPITAL INVESTMENT
5. RAW MATERIAL
6. SALARY AND WAGES
7. UTILITIES AND OVERHEADS
8. TOTAL WORKING CAPITAL
9. COST OF PRODUCTION
10. PROFITABILITY ANALYSIS
11. BREAK EVEN POINT
12. RESOURCES OF FINANCE
13. INTEREST CHART
14. DEPRECIATION CHART
15. CASH FLOW STATEMENT
16. PROJECTED BALANCE SHEET
