Detailed Project Report on marriage hall (wedding hall)

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