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Uno
Side Hero Username: Uno
Post Number: 3252 Registered: 03-2016 Posted From: 99.231.161.157
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 12:03 pm: |
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Boston_baba:Guys, one of my friend is looking to build 1000 seater marriage hall in a tier-2 town of population of approximately 10lac. what are the things to be thought through. please throw some light. 1. Land area required for 1000 seater. 10 guest rooms, basement kitchen+dine area. 2. approximate construction cost 3. challenges in construction & challenges in running business. 5. current hall rates are around 1.5-1.8lac per day? how much capital can be termed as viable investment (land + construction) 6. what could be revenue and operating profit?
If you already have land ,it viable to build temp structures and let it has function hall and earn additional income while the equity on the land grows.It wil be easy to dismantle the temp structures and sell the land whenever needed But buying land for the purpose of building marriage hall may not be economically viable But ,may be building a 40 to 60 room hotel with a big split conference hall, is a better idea as it gives more avenues of income with little extra investment |
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Optionsgenius
Side Hero Username: Optionsgenius
Post Number: 6001 Registered: 07-2018 Posted From: 98.183.178.62
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 11:45 am: |
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3C pocket change amt ga tesey vallaki fine if ur putting 50% of ur cash its very risky. |
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Boston_baba
Hero Username: Boston_baba
Post Number: 10914 Registered: 07-2012 Posted From: 202.79.203.111
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 11:02 am: |
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Gotcha:Apart from pellilu, birthdays, pedda manishi functions chestara aa ooru valu, cheyakapote waste. Dabbu ekkuva and false prestige kosame chese janalu undali then everyone does it ledu ante naaki potavu karchulaki raavu so study ur oor first
thanks bhayya.. very valuable feedback. TDP accepts that YSR govt irrigated 19lac acres in seemandhra, in 1991, AP debt is 22% of GSDP, in 2004 its 34% of GSDP, in 2014 its 22% of GSDP. now, 35% of AP GSDP. |
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Shikari
Megastar Username: Shikari
Post Number: 26533 Registered: 03-2010 Posted From: 196.52.34.17
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 10:54 am: |
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Hydabbai:Good idea, kaani usually people stay away from such businesses due to superstition.
yes..andhuke..pattimpulu leni vadu pelli ayina chesukuntadu..else subhakaryalu tappa rest annitiki ivvochu like meetings,exhibitions..etc.,dinam bhojanalu elagu untayi http://i.imgur.com/eUYcc.gif |
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Gotcha
Legend Username: Gotcha
Post Number: 31565 Registered: 02-2008 Posted From: 73.45.2.79
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 10:52 am: |
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Basic questions Apart from pellilu, birthdays, pedda manishi functions chestara aa ooru valu, cheyakapote waste. Dabbu ekkuva and false prestige kosame chese janalu undali then everyone does it ledu ante naaki potavu karchulaki raavu so study ur oor first ... |
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Hydabbai
Comedian Username: Hydabbai
Post Number: 1568 Registered: 08-2017 Posted From: 196.15.23.21
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 10:51 am: |
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Shikari:dinam bhojanalaki ivvaru
Good idea, kaani usually people stay away from such businesses due to superstition. But avi pakkana pedithe very good business idea. |
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Shikari
Megastar Username: Shikari
Post Number: 26531 Registered: 03-2010 Posted From: 196.52.34.17
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 10:45 am: |
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1000 seating unde pedha hall kante 300-400 better emo...with good parking space. and nenu observe chesindhi functions halls dinam bhojanalaki ivvaru..vatiki kuda rent ki ichettu very basic function hall kadithe super ga workout avudhi..pellillu aithe seasonal business..chavulaki seasons undav. http://i.imgur.com/eUYcc.gif |
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Boston_baba
Hero Username: Boston_baba
Post Number: 10913 Registered: 07-2012 Posted From: 122.178.230.205
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 10:25 am: |
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Gotcha:
Why do you think, there is no constant revenue TDP accepts that YSR govt irrigated 19lac acres in seemandhra, in 1991, AP debt is 22% of GSDP, in 2004 its 34% of GSDP, in 2014 its 22% of GSDP. now, 35% of AP GSDP. |
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Gotcha
Legend Username: Gotcha
Post Number: 31558 Registered: 02-2008 Posted From: 73.45.2.79
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 08:09 am: |
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Interior Telangana lo ayite waste hyd dagarlo ayite emaina ravochu. Dont expect too much revenue just ur land value might increase ... |
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Boston_baba
Hero Username: Boston_baba
Post Number: 10911 Registered: 07-2012 Posted From: 122.178.230.205
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 07:42 am: |
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~chirutha~:ooru? I really doubt 1.5 lacs vastunda .. In that case, marriage hall features and facilities o range lo undali. If you have land and constructing from scratch .. aa marriage hall kattalante ne easy ga anywhere near 1 to 1.5 crores autundi karch
Take any tier-2 town. Let's say bellary, warangal etc. Hall only, rent is 1.5lac Yes, high end. Ac hall with good aesthetics. 2cr construction avuddi anukunta. TDP accepts that YSR govt irrigated 19lac acres in seemandhra, in 1991, AP debt is 22% of GSDP, in 2004 its 34% of GSDP, in 2014 its 22% of GSDP. now, 35% of AP GSDP. |
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Hadoop
Hero Username: Hadoop
Post Number: 10762 Registered: 12-2014 Posted From: 66.129.87.212
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 07:14 am: |
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Linkmaster:anyways, dabbu unte, remote and suitable place lo land koni kattina ok..
this one i agree.. |
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~chirutha~
Side Hero Username: ~chirutha~
Post Number: 7483 Registered: 10-2011 Posted From: 193.56.36.9
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 07:13 am: |
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Boston_baba:Interior decoration is extra, that had to be borne by customer.
Decoration customer ee pettukuntadu.. Interior design maname provide cheyyali Breakeven period 5 years aithe melu anukuntunna.. Be Kool  |
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Boston_baba
Hero Username: Boston_baba
Post Number: 10910 Registered: 07-2012 Posted From: 27.59.24.192
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 07:06 am: |
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~chirutha~:
Interior decoration is extra, that had to be borne by customer. Yearly, average 25-30 marriages. Ilanti capital intensive business ki, what's reasonable break even period?? TDP accepts that YSR govt irrigated 19lac acres in seemandhra, in 1991, AP debt is 22% of GSDP, in 2004 its 34% of GSDP, in 2014 its 22% of GSDP. now, 35% of AP GSDP. |
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~chirutha~
Side Hero Username: ~chirutha~
Post Number: 7482 Registered: 10-2011 Posted From: 193.56.36.9
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 07:05 am: |
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Boston, intaki ee ooru? I really doubt 1.5 lacs vastunda .. In that case, marriage hall features and facilities o range lo undali. If you have land and constructing from scratch .. aa marriage hall kattalante ne easy ga anywhere near 1 to 1.5 crores autundi karchu. Be Kool  |
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Boston_baba
Hero Username: Boston_baba
Post Number: 10909 Registered: 07-2012 Posted From: 27.59.24.192
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 07:03 am: |
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Land need to be bought now. That's 33% investment. Btw, City ki 5-6km distance lo main road high way meeda unte, will people prefer that? TDP accepts that YSR govt irrigated 19lac acres in seemandhra, in 1991, AP debt is 22% of GSDP, in 2004 its 34% of GSDP, in 2014 its 22% of GSDP. now, 35% of AP GSDP. |
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~chirutha~
Side Hero Username: ~chirutha~
Post Number: 7481 Registered: 10-2011 Posted From: 193.56.36.9
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 07:02 am: |
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Boston_baba: current hall rates are around 1.5-1.8lac per day? how much capital can be termed as viable investment (land + construction)
Let us calculate the operational costs for the marriage hall per year: 1. Labour costs (Cleaners + Mainenance guys + Decoration artists + Electricians) - 10 * 15000 * 12 = 6lacs 2. Maintenance costs - 1 to 2 lacs Capital (One time costs): 1. Furniture, Electricals, Interior designs - 2. Land + Building construction Revenue: Assuming atleast 3 to 5 marriages per month on an average - 72 lacs So, the profit per year after operational costs and maintenance is close to 60 lacs. With that, one can easily spend a capital of 3 crores as an investment! Be Kool  |
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Linkmaster
Legend Username: Linkmaster
Post Number: 60210 Registered: 02-2008 Posted From: 149.128.8.245
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 06:56 am: |
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Hadoop:how uncle? it really depends on land cost...oka vela land epudo koni unte ok...in my opinion if land cost more than 50-60 laks its not much profitable.
already land unna vaade think chestaadu.. I am assuming he has already land.. anyways, dabbu unte, remote and suitable place lo land koni kattina ok.. |
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Hadoop
Hero Username: Hadoop
Post Number: 10761 Registered: 12-2014 Posted From: 66.129.87.212
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 06:41 am: |
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Linkmaster:good business .. lekkalu esuko kundaa munduku ellu
how uncle? it really depends on land cost...oka vela land epudo koni unte ok...in my opinion if land cost more than 50-60 laks its not much profitable. |
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~chirutha~
Side Hero Username: ~chirutha~
Post Number: 7480 Registered: 10-2011 Posted From: 193.56.36.9
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 06:29 am: |
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Boston_baba:current hall rates are around 1.5-1.8lac per day?
Wow, intha vastundaa 10lacs population unna oorlo? Adi kuda 1000 seating capacity ki? Be Kool  |
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Linkmaster
Legend Username: Linkmaster
Post Number: 60209 Registered: 02-2008 Posted From: 67.175.129.167
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 06:24 am: |
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good business .. lekkalu esuko kundaa munduku ellu |
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Boston_baba
Hero Username: Boston_baba
Post Number: 10908 Registered: 07-2012 Posted From: 192.55.79.165
Rating: N/A Votes: 0 (Vote!) | | Posted on Monday, September 03, 2018 - 05:22 am: |
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Guys, one of my friend is looking to build 1000 seater marriage hall in a tier-2 town of population of approximately 10lac. what are the things to be thought through. please throw some light. 1. Land area required for 1000 seater. 10 guest rooms, basement kitchen+dine area. 2. approximate construction cost 3. challenges in construction & challenges in running business. 5. current hall rates are around 1.5-1.8lac per day? how much capital can be termed as viable investment (land + construction) 6. what could be revenue and operating profit? TDP accepts that YSR govt irrigated 19lac acres in seemandhra, in 1991, AP debt is 22% of GSDP, in 2004 its 34% of GSDP, in 2014 its 22% of GSDP. now, 35% of AP GSDP. |