M/s.

INSPIRA BY SRS RESORT & CONVENTION

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PROJECT AT GLANCE

1. Name of the Unit : M/s. INSPIRA BY SRS RESORT

& CONVENTION

2. Address of the unit : SY NO. 191/3, MARKHAL VILLAGE,

JANWADA ROAD, BIDAR

3. Status of the unit : PROPRIETORSHIP CONCERN.

4. Name of the PROPRIETOR : SRI. SARDAR MANPREET SINGH

S/o LATE.S. RATAN SINGH

5. Cost of the Project : Rs. 350.00 Lakhs

6. Sources of funds: 1. Promoter’s Capital - Rs. 75.00 Lakhs

2. Term Loan - Rs. 275.00 Lakh

7. Term loan repayment : In 10 years with 18 Months

moratorium

8. Nature of Business : Service Sector (Resort, Conevntion)

9. Interest on loan : 10.00% p.a. on reducing

balance basis
10. Debt Service Coverage
Ratio (DSCR) : 2.83 AVERAGE
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M/s. INSPIRA BY SRS RESORT & CONVENTION

SY.NO. 191/3, MARKHAL VILLAGE, JANWADA ROAD, BIDAR

I. INTRODUCTION ABOUT PROMOTER:

 The proposed firm will be the Proprietorship firm and the Promoter
is introduced as follows

“sri. Sardar Manpreet Singh s/o Late.S.Ratan Singh ”: He is

well known and reputed business person. they are financial sound
persons and capable to invest in the proposed project. they are very
dynamic and charismatic personality.

Proprietor is intending to set up a luxurious Resort, convention

centre Business. For the same they have already converted the
proposed land from agricultural purposes to NA purposes further
the layout is also approved by Town and Country planning
department. Further they have already gained the experience in
similar industry of around many years, for the above project
Proprietor is expecting a capital outlay of around 350.00 Lakhs and
sought for the term loan of Rs 275.00 Lakhs from financial
institution.

II. INTRODUCTION TO THE INDUSTRY:

Karnataka is the country’s fifth most popular tourist destination.

With the largest number of institutes in hotel management and
catering technology in the country, the State has a large pool of
skilled human resources. The Sector is attracting significant
investment by domestic and global players as infrastructure is
being ramped up to meet the needs of the growing tourist activity.
Through the Karnataka Tourism policy 2015-20, the state
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government sets a vision to promote tourism as Karnataka’s

principal and largest economic activity, as an employer, revenue-
generator and engine of growth, by being among the top two
tourism destinations in India by 2020-21.

III. ABOUT THE PROJECT

To set up a resort having all the modern facilities in BIDAR,

KARNATAKA.

TOURISM AND HOSPITALITY INDUSTRY AT A GLANCE

It is boom time for India's Tourism and Hospitality sector. Driven by a

surge in business traveler arrivals and a soaring interest in India as
a tourist
destination,for the previous years has been the best year till date, w
ith foreign visitorarrivals reaching a record 3.92 million, resulting
in international tourism receipts of US$ 5.7 billion.

Boom time!

According to global hotel and hospitality consulting firm, HVS

International, the strong performance in tourist arrivals in 2016
can be attributed to a strong sense of business and investment
confidence in India inspired by:

India's strong GDP performance

Strengthening of ties with the developed world, and Opening of

sectors of the economy to private sector/ foreign investment. The
efforts made by the Ministry of Tourism & Culture in the last few
years have had a salutary effect on India's tourism industry.

Foreign tourist arrivals are expected to witness a growth of 78 %

in the coming years.
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Growth in foreign exchange earnings is expected to be of the order

of 122%.

As per estimates, on an average, about 3.1 million additional jobs

per year have been created directly and indirectly in the tourism
sector in the last four years. India is fast emerging as one of the
most enticing destinations for the global leisure traveler. The
Incredible India campaign has also been a huge success.

An economic growth engine

As an engine for economic growth, the tourism and hospitality

sector cuts across the rural-urban divide, and bridges economic
boundaries. According to The World
Travel & Tourism Council’s 2006 Travel and Tourism Economic Rese
arch, the travel and tourism sector in India is expected to generate
a total demand of US$53,544.5 million of economic activity in 2006,
accounting for nearly 5.3 % of GDP and 5.4 per cent of total
employment. According to the report, the sector is expected to
grow at a rate of 8.4 per cent in2006 and by 8 per cent per annum, in
real terms, between 2007 and 2018.

IV. PROCESS / STEPS

Following are the necessary steps required to construct a
lodging, boarding & resort:
 Acquisition of Land
 Feasibility Study
 Market and financial analysis and projections
 Financial Closures by Banks or Investors.
 Finalization of the Layout
 Completion of site survey, design of plant buildings, auxiliary
& ancillary buildings, mechanical utilities, electrical services
and system.
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 Planning for enabling works, like construction waterlines,

power lines and sewerage, office, labour camp; go down,
communication facility etc.
 Approach and Internal Roads
 Employee Hiring Process
 Marketing

V. LOCATION ADVANTAGES:

 Bidar of Karnataka will be the Suitable Location for putting up a

Resort Cum Bar, Restaurant and Lodging also
 the safest District in Karnataka in terms of Law & Order.
 It offers to its tourists a safe and secure environment
 It is also very easily accessible by Train and Road and the Airport is
proposed. It is also the leading tourist Destination District in
Karnataka. Bidar is going to make headway in the area of spiritual
tourism, eco tourism, health tourism and rural tourism. Heritage
tourism, which is one of the strengths of Karnataka Tourism, is
going to be strengthened further.
 Efforts are also being made to facilitate shooting of films in Bidar.
According to him, Bidar is one of the most favored destinations of
film industry. Bidar continues to be one of the most favorite
tourism destinations. With a record arrival of more than Hundreds
of foreign tourists and Thousands of domestic tourists during the
year 2014, Bidar has been one of the most popular destinations for
all.
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The Following are the places to visit in Bidar

 BIDAR FORT: Bidar Fort is considered as one of the most formidable

forts of country. Bidar city was distinctly planned and built. The
main citadel complex housed the royal places. Mahals and Mosque.
Adjoining to this on the southern side, the city was built for the
people. Both the citadel complex and city had separate forts for
protection the plan of the Bidar city fortification is pentagonal.
There are five gateways for entry into the city fort. It is main citadel
complex fort which is stronger.
It is built on the brink of the plateau. Engineers and architecture of
various countries were employed on its design & Construction
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 GURUDWARA: The Nanak Jhira Sahib with water spring nestles

amidst serene and enchanting surroundings is main attraction of
Bidar town. It has became widely famous as Guru Nanak Jhira Sahib
with it’s recently constructed sprawling and splendid Gurudwara
complex. It is attracting numerous pilgrims and visitors from all
parts. A sarovar (Lake) and Amrut-Kunda have been built. A number of
suites and rooms have been provided for lodging the pilgrims. There
is a Guru-Ka-Langar where free food is served irrespective of caste
and creeds. As the place is associated with the visit of Sri Guru
Nanak Dev ji to Bidar is it one of the sacred place to Sikh devotees.

 PAPNASH TEMPLE

The spring is sacred to the Hindus and as its name "PAPNASH",

annihilator of Sins, signifies, it is much resorted to as a place of
pilgrimage by the people of Bidar and even by those of distant
places. It may be approached by Bidar-Udgir Road and about 2 KM
from Bus Station towards west to the edge of the plateau and
going down the valley by a well laid road.
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At the ruins an ancient Shiva Temple a New Temple has been built on
the slops of the hill. At the foot of the temple is a cistern
measuring 16 feet by 14 feet. The cistern is continuously fed by the
natural spring. Towards north there is small tank most probably
dates back to Ramayana times.

 OTHER PLACES TO VISIT IN BIDAR

The Historical monuments and sites in and around the Bidar city belong
to different periods of history, Pre-Kaktiya, Tughlaq, Bahamani, Barid
Shahi, Adil Shahi, Mughal, Nizam. As far the architecture as concerned
there is a intermixture of Hindu, Turkish and Persian artisanship. Some of
the design and decorative patterns seen in the monuments of Bidar are
unique in India.

Gumbaz Sharza
Bidar Fort Takht Mahal
Darwaza Darwaza
Rangeen
Tarkash Mahal Shahi Malbakh Shahi Hammam
Mahal
Solah Khamb
Gagan Mahal Diwan-I-Am Hazar Kothari
Mosque
Madarsa of
Old Naubat
Chaubara Mahmud Takht-I-Kirmani
Khana
Gawan
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Tomb of Qasim
Bahamani Tombs Chaukhandi Baridi Tombs Barid & Qasim
Barid-II
Jharani
Nanak Jhira
Narasimha Cave Bidri Ware Basavakalyan
Sahib
Temple
PapnasTemple
Other Places in Anubhava
Maniknagar
Bidar Mantapa

VI. FILM LOCATIONS:

Bidar is a film maker's delight! The land has lush green forests and
wetlands as opposed to its pure. Add to it, the aroma of history and
architecture that surrounds the state. People live in the timeless
tradition and have kept their by gone era alive. Color reflects in
every fold of life and its picturesque locations. This attracts Film
Units, Script Writers and Directors from Tollywood & Sadalwood
come & shoot in Bidar. Most of the Film Makers have their dance
sequence shot in front of the Monuments and Forts of Bidar.

VII. LAYOUT PLANNING:

The following are the proposed layout required for the Bar,
Restaurant and Lodging:

Lodging
Rooms & Suites
The hotel will be of stylish, comfortable, well-furnished and air-
conditioned / non air-conditioned rooms with contemporary luxury
and gracious service.
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The below picture is a sample of Lodging rooms.

Banquet and Conference

The Hotel will have a banquet hall with a capacity of 150 to

400 forparties,banquet hall also be used for exhibitions/events. Th
ebanquet hall is very essential for the hotel and will be done in a
western concept. There will be 1 conferencing hall for business
meeting, conference and gathering etc. the hall will be equipped
with all the modern conferencing aids.
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Restaurant and Bar

The hotel will be having restaurant, a Lounge Bar, which will be
offering a choice of continental, Chinese and variety of food from
Indian cuisine, with a bollywood music, and one open restaurant with
the above amenities for the outside visitors. The bar will be well
stocked with best of spirit and wine where guests can spend their
time with gossiping watching television.

Model Photo of Bar

Kids Arena and Board Games
The Resort Complex will be having a separate area for the kids; Kids
Arena for children to have fun and play all the time while
visiting the Resort. The Resort will be having an area for board
games, which will provide additional options for the guests
to spend excellence time in the Resort

Model Kids Play Area

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Ball Room
The resort will be having a Ball Room Equipped with the latest
sound & a Light system, the Ball Room is for those who are young at
heart. The zeal to dance & enjoy is a welcome thought. A disco night
on every weekend will be arranged.

Garden
In the proposed project there is also a beautiful
and decorated Marriage Garden and its well kept gardens infuses a
breath of fresh air and fill both young and old with vitality, which
will be provided on rent for the Marriage Purpose or Big Parties.
The capacity of the garden will be around 1000 people with huge
car parking capacity.

Model Garden Photo

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VIII. PROMOTER’S BACKGROUND:

The proposed project is a Proprietorship concern and its

promoters as sri .Sardar Manpreet Singh s/o Late.S.Ratan Singh
and he is a very enthusiastic businessman and like carrying out
various business ventures and experimenting with different
ventures to keep himself motivated and active at the same time and
prevent monotonous work routine and have done various events
like prime minister`s public gatherings, chief minister`s public
gatherings and high profile marriages and he is also a senior
working committee member of gurudwara prabhakhand committee of
gurudwara nanak jhira sahib bidar. his good Business knowledge
and experience helps him to carry out new ventures, he is also
presently running two function halls successfully.

IX. OTHER FACILITIES IN HOTEL:

Travel Desk
The hotel will also have a Travel Desk, which will help visitors
to gather information and sketch a tour for visiting the tourist
place.

Garden
In the proposed project there is also a beautiful and decorated
Function Garden and its well kept gardens infuses a breath of
fresh air and fill both young and old with vitality, which will be
provided on rent for the Small or Big Parties. The capacity of the
garden will be around 1000 people with huge car parking capacity.
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X. CAPACITY PLANNING:

Following are the Capacities Planned for the Bar, Restaurant and
Lodge.

HOTEL NOs
Types of Rooms
Delux Rooms 4
Executive Rooms 10
Suite Rooms 2
Convention centre 1
Ball Room 1
Conference Hall 1
Open Lawn 1
Swimming Pool 1
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XI. QUALITY REQUIREMENT:

The nature of consumer tastes and preferences is changing. A

number of trends have emerged that influence tourist lifestyles,
and leisure and tourism choices –
 Focus on increasing personal needs;
 More active travel participation;
 More emphasis on historical holiday;
 Increasing need for pleasure and food at one place
 Variety in entertainment in one place.
At present there are many hotels, resorts both big and as well as
small and the demand is immense therefore, to cater to this
outgrowing demand; there is imperative need for setting up more
number of amusement parks and focus on more on Corporate Tours.

XII. QUALITY ASSURANCE & QUALITY CONTROL PLAN:

Quality assurance, or QA for short, refers to planned and
systematic production processes that provide confidence in a
product's suitability for its intended purpose. It is a set of activities
intended to ensure that products (goods and/or services) satisfy
customer requirements in a systematic, reliable fashion. QA cannot
absolutely guarantee the production of quality products,
unfortunately, but makes this more likely. Two key principles
characterize QA: "fit for purpose" (the product should be suitable
for the intended purpose) and "right first time" (mistakes should be
eliminated). QA includes regulation of the quality of raw materials,
assemblies, products and components; services related to
production; and management, production and inspection processes.
It is important to realize also that quality is determined by the
intended users, clients or customers, not by society in general: it is
not the same as 'expensive' or 'high quality'. Even goods with low
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prices can be considered quality items if they meet a market need.

The Industrial Revolution led to a system in which large groups of
people performing a similar type of work were grouped together
under the supervision of a foreman who.

Quality control emphasizes testing of products to uncover

defects, and reporting to management who make the decision to
allow or deny the release. Whereas quality assurance attempts to
improve and stabilize production, and associated processes, to
avoid, or at least minimize, issues that led to the defects in the first
place. To prevent mistakes from arising, several QA methodologies
are used. However, QA does not necessarily eliminate the need for
QC: some product parameters are so critical that testing is still
necessary. QC activities are treated as an integral part of Total
quality management.

Using this Quality Plan to monitor and control quality by:

Analyzing Issues
Issues rectification process to be set.
Identifying the quality control tasks needed to control quality
Creating a Quality Control Plan, by scheduling the control
activities
Listing the quality assurance activities required to assure quality
Building a Quality Assurance Plan, by creating an activity
schedule.
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XIII. LOCATION OF THE UNIT:

The proposed project will come up sy no.191/3, Markhal Village,

Janwada Road, bidar,. This area is a fast developing area of Bidar.
The Site is located at a very convenient place. The unit requires
sufficient manpower; there already exists adequate human
resources. The availability of water is sufficient as required for the
project, hence there is no scarcity of water for the project,
Besides has got all the amenities like roads, availability of
electricity, labour, water etc, Further, the promoter will also
under take the promotional activities. Therefore, the location is
best suited for the proposed project.

XIV. PERSONNEL REQUIREMENT:

The project is a labour oriented one, but the required labour is not
of a very high skilled one and the same can be recruited locally. The
labour requirement is estimated as follows:

Managers: 2 Nos
Receptionist: 2 Nos
Stewards: 8 Nos
maid: 4 Nos
Watchmen & Security: 3 Nos
Hotel Captain: 2 Nos
Supervisors: 3 Nos
House Keeping Staff 4 Nos
Game Jocky 1 Nos
Chef 4 Nos
Kitchen Helpers 3 Nos
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Directly and indirectly put together the project will employ not
more than 29 Employees.

XV. FINANCIAL ANALYSES:

A. PROJECT COST
The project cost comprises of the following:

1. Land Rs. Own

2. Building & Civil Structure: Rs. 27500000.00
3. Furniture Rs. 2500000.00
4. Kitchen Equipment & Machinery Rs. 1500000.00
5. Air Cooling System Rs. 500000.00
6. Generator Rs. 500000.00
7. Sound System & Lighting Rs. 1000000.00
8. Working Capital Rs. 1500000.00
TOTAL PROJECT COST RS. 350.00 LAKHS

B. SOURCES OF FUNDS:

1. Promoters contribution & Subsidy Rs. 75.00 Lakhs

2. Term loan from bank Rs. 275.00 Lakhs
TOTAL SOURCES OF FUNDS RS. 350.00 LAKHS

C. BANK FINANCIAL ASSISTANCE:

The total cost of the project is Rs. 350.00 Lakhs out of which the
promoters contribution is Rs. 75.00 lakhs and the term loan from
bank is Rs. 275.00 lakhs. The term loan shall be repaid in 10 years
with a moratorium of 18 Months. The term loan will be repaid in
Monthly installments. The interest on term loan is considered at
10.00 % pa.
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D. INCOME ANALYSIS:

The main Source of income for the unit is from service sector i.e.
serving food and Beverages, Accommodation & Banquet Service. The
total income from the above sources is estimated as under at our
project report attached

E. DEBT SERVICE COVERAGE RATIO:

Debt Service Coverage Ratio (DSCR):

The DSCR is a very important tool to measure the repayment

capacity of an undertaking. It indicates the ability of the unit to
repay the term loan installment together with the interest thereon
out of the earning from the business. The ration is worked out as in
the project report its average DSCR is 2.83 times.

F. PAY- BACK PERIOD:

Payback period is the period in which the total cost of the project is
recovered. It is one of the important tool to judge viability of the
project. Lesser the period, more is the viability of the project. The
period is calculated at the end of profitability statement and it
comes to in the very Fourth year.
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G. CONCLUSION

The services rendered by the project is the day-to-day requirement

of a person, the demand for the product will be ever increasing and
there is no question of any slack in the demand as the tourism
industry is increasing day by day.

The promoters have got ample experience in the field and have got
the knowledge about the procurement and marketing of the
project. Further their Associates and friends, who have got a very
vast knowledge of business and industry, will assist the promoters.
Besides, the promoters themselves are very dynamic and have got
zeal to carry out the task successfully.

The project financial statements are prepared by taking the income

on the lower side and estimating the maximum expenses thus the
figure are very conservative and realistic. Further, the average
DSCR works out to 2.92 This indicates that the term loan shall be
repaid comfortably within the stipulated time. Further, the payback
period calculated indicates that the entire project cost will be
recovered in just 4-5 year. Thus the term loan can be safely repaid
within the stipulated time.

Thus, from all angles it can be concluded that the project is a

sound investment both for the prompters as well as the financing
institutions.

H. PERMISSION & LICENCES

List of Permissions & Licenses are available, Validity & NOC`s & GST
Number to be used.