Start Your Own resort or Hotel in Sasan Gir
Sasan Gir is destination for tourist who want to enjoy wild life. There is an agriculture land as well as Non Agriculture land is available and the land value approximately Rs. 15 Lacs to 40 lacs depend on location. Most important thing to start resort in Gir area is NOC clearance from Forest Department. The approximately Construction Cost per square feet is Rs. 1300 to Rs. 1500. depend on type of construction. If you are planning to start your own Resort than minimum land area required is 2 Acre land. Which Cost you approx Rs. 100.00 lacs and if you built 20 Room 1 Banquet and 1 Restaurant and 1 Swimming pool, Kids activity area, parking etc. totaling 20000 sq ft construction than cost will be Rs. 300.00 lacs. Total investment of Rs. 400.00 lacs plus 50.00 lacs for working capital including contingency and other expense. If you achieve 50% occupancy at Rs. 3500/- per night charge your total sales will be Rs. 1,26,00,000/- per year plus restaurant income and other income is Rs. 25,00,000/- than your total revenue in Rs. 1,51,00,000/- per annum. If we project 40% net profit it may be Rs. 60.40 lacs. Pay back period will be 7.45 years of Total income.