TOWNSHIP - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project, Profitability Ratios
PROJECT DESCRIPTION
The importance of infrastructure for sustained economic development is well recognized in a country. India will be a high growth economy over the next decade. India infrastructure spending at the present accounts for just 4 per cent of GDP as compared to china 9 percent.
In recent times, with the rapidly exploding population the need for housing and the increasingly crowded cities led to the creation of suburbs. Townships are now developed to end the housing shortage, and provide a better standard of living to all sections of the society. Staying in townships gives the residents a feeling of living in the countryside, with all the benefits of the city. The township format, although its been around for a while, is still not a unified one across the country. This lack of common definition means that anything from a development of 25 acres to 2,500 acres is being touted as a township. However, individual state governments and planning authorities have specified key prerequisites for a project to be called a township. They are basically self-sustaining in nature. The size of townships varies but historically a township is an area of land that is 6 acres square. Developers across the country have re-discovered the township model and are going all out to develop little cities on the outskirts of metros. According to a DTZ study, townships are mushrooming in urban centres across India with Bangalore, Mumbai and Delhi witnessing the maximum activity.
One of the biggest advantages of investing in townships projects is that the cost of entry is low compared to investing in the city. Most townships projects are coming up at a distance from the city core and this gives the developer an advantage of lower land cost. These are viewed as a low-risk investment due to its diversification and low entry cost with larger upside potential.
The residential sector in India has undergone a far-reaching metamorphosis in the last decade. After years of unplanned and haphazard development, the sector is now marked by enhanced product offering, heightened investment including foreign capital, and augmentation of the national footprint of some prominent Indian developers. Modern apartments and villa and township projects have come up across the country and new city master plans have been drawn to include a number of suburban and peripheral locations within the city folds.
The Indian economy has been growing at an average rate of 8.8% in the last four fiscal years, with the 2008-09 growth rate clocking an impressive 9.8%. This stellar growth, augmented by the unmatched fundamentals that the country enjoys, has given strong impetus to the real estate sector in India. The residential segment leads the growth trajectory—nearly 75-80% of the total real estate space development across India is in the residential segment. Rapid urbanization, increase in number of households, rising income levels, and easy availability of housing finance are among the chief reasons cited for this trend.
There is a very good opportunity and scope for investments in such projects. New entrepreneurs should venture into this field.
| Plant capacity |
Plant & machinery |
Working capital |
Cost of Project |
T.C.I |
Return |
Break even |
| Villa with Private Swimming Pool 280 Nos.,Shopping Arcade 150 Nos. Shops, EWS Houses 30 Nos. |
- |
- |
0 |
3440 Lakhs |
28.00 |
40.00 |
