Summary Financial Model for Bus Stand with Real Estate Development Year Year Year 1 2 3 Development Costs Office/Commercial Space ₹ 613 ₹ 710 ₹ 714 Retail Space ₹ 480 ₹ 557 ₹ 560 Hotel ₹ 507 ₹ 709 ₹ 810 Parking ₹ 183 ₹ 255 ₹ 291 Bus Stand ₹ 1,607 ₹ 1,607 ₹ 0 Total Development Cost ₹ 3,390 ₹ 3,837 ₹ 2,374 Operating Income Office/Commercial Space ₹ 0 ₹ 0 ₹ 0 Retail Space ₹ 0 ₹ 0 ₹ 0 Hotel ₹ 0 ₹ 0 ₹ 0 Parking ₹ 0 ₹ 0 ₹ 0 Bus Stand Total Net Operating Income ₹ 0 ₹ 0 ₹ 0 Cash Flows Net Operating Income ₹ 0 ₹ 0 ₹ 0 Total Asset Value@ 12% Total Development Costs -₹ 3,390 ### ### Net Cash Flows (Unlevered) -₹ 3,390 ### ### NPV 12% ₹ -1,459 Debt Cash Flows ₹ 4,331 -₹ 428 -₹ 428 Levered Cash Flows ₹ 941 ### ### NPV 12% ₹ -1,258
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Summary Financial Model for Bus Stand with Real Estate Development
Year Year Year Year Year1 2 3 4 5
Development CostsOffice/Commercial Space ₹ 613 ₹ 710 ₹ 714 ₹ 0 ₹ 0Retail Space ₹ 480 ₹ 557 ₹ 560 ₹ 0 ₹ 0Hotel ₹ 507 ₹ 709 ₹ 810 ₹ 0 ₹ 0Parking ₹ 183 ₹ 255 ₹ 291 ₹ 0 ₹ 0Bus Stand ₹ 1,607 ₹ 1,607 ₹ 0 ₹ 0 ₹ 0Total Development Cost ₹ 3,390 ₹ 3,837 ₹ 2,374 ₹ 0 ₹ 0
Operating IncomeOffice/Commercial Space ₹ 0 ₹ 0 ₹ 0 ₹ 115 ₹ 247Retail Space ₹ 0 ₹ 0 ₹ 0 ₹ 247 ₹ 236Hotel ₹ 0 ₹ 0 ₹ 0 ₹ 242 ₹ 260Parking ₹ 0 ₹ 0 ₹ 0 ₹ 71 ₹ 77Bus StandTotal Net Operating Income ₹ 0 ₹ 0 ₹ 0 ₹ 675 ₹ 820
Cash FlowsNet Operating Income ₹ 0 ₹ 0 ₹ 0 ₹ 675 ₹ 820Total Asset Value@ 12%Total Development Costs -₹ 3,390 -₹ 3,837 -₹ 2,374 ₹ 0 ₹ 0Net Cash Flows (Unlevered) -₹ 3,390 -₹ 3,837 -₹ 2,374 ₹ 675 ₹ 820
NPV 12% ₹ -1,459 IRR: 8%
Debt Cash Flows ₹ 4,331 -₹ 428 -₹ 428 -₹ 904 -₹ 861
Levered Cash Flows ₹ 941 -₹ 4,266 -₹ 2,803 -₹ 229 -₹ 41
NPV 12% ₹ -1,258 IRR: 4%
Year Year Year Year Year Year Year Year Year Year Year Year6 7 8 9 10 11 12 13 14 15 16 17
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 398 ₹ 475 ₹ 511 ₹ 549 ₹ 591 ₹ 635 ₹ 682 ₹ 734 ₹ 789 ₹ 848 ₹ 911 ₹ 980₹ 223 ₹ 228 ₹ 245 ₹ 264 ₹ 283 ₹ 305 ₹ 328 ₹ 352 ₹ 379 ₹ 407 ₹ 438 ₹ 470₹ 280 ₹ 301 ₹ 323 ₹ 348 ₹ 374 ₹ 402 ₹ 432 ₹ 464 ₹ 499 ₹ 537 ₹ 577 ₹ 620
₹ 82 ₹ 89 ₹ 95 ₹ 102 ₹ 110 ₹ 118 ₹ 127 ₹ 137 ₹ 147 ₹ 158 ₹ 170 ₹ 183
₹ 983 ₹ 1,093 ₹ 1,175 ₹ 1,263 ₹ 1,358 ₹ 1,460 ₹ 1,569 ₹ 1,687 ₹ 1,814 ₹ 1,950 ₹ 2,096 ₹ 2,253
₹ 983 ₹ 1,093 ₹ 1,175 ₹ 1,263 ₹ 1,358 ₹ 1,460 ₹ 1,569 ₹ 1,687 ₹ 1,814 ₹ 1,950 ₹ 2,096 ₹ 2,253₹ 9,792
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 983 ₹ 1,093 ₹ 10,967
(Unleveraged)
-₹ 819 -₹ 776 -₹ 733 -₹ 690 -₹ 647 -₹ 604 -₹ 562 -₹ 519
₹ 164 ₹ 317 ₹ 10,234 -₹ 690 -₹ 647 -₹ 604 -₹ 562 -₹ 519
Year Year Year Year Year Year Year Year Year Year Year Year18 19 20 21 22 23 24 25 26 27 28 29
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 1,053 ₹ 1,132 ₹ 1,217 ₹ 1,308 ₹ 1,406 ₹ 1,512 ₹ 1,625 ₹ 1,747 ₹ 1,878 ₹ 2,019 ₹ 2,171 ₹ 2,333₹ 506 ₹ 544 ₹ 584 ₹ 628 ₹ 675 ₹ 726 ₹ 780 ₹ 839 ₹ 902 ₹ 969 ₹ 1,042 ₹ 1,120₹ 667 ₹ 717 ₹ 770 ₹ 828 ₹ 890 ₹ 957 ₹ 1,029 ₹ 1,106 ₹ 1,189 ₹ 1,278 ₹ 1,374 ₹ 1,477₹ 196 ₹ 211 ₹ 227 ₹ 244 ₹ 262 ₹ 282 ₹ 303 ₹ 326 ₹ 350 ₹ 377 ₹ 405 ₹ 435
₹ 2,422 ₹ 2,604 ₹ 2,799 ₹ 3,009 ₹ 3,234 ₹ 3,477 ₹ 3,738 ₹ 4,018 ₹ 4,319 ₹ 4,643 ₹ 4,992 ₹ 5,366
₹ 2,422 ₹ 2,604 ₹ 2,799 ₹ 3,009 ₹ 3,234 ₹ 3,477 ₹ 3,738 ₹ 4,018 ₹ 4,319 ₹ 4,643 ₹ 4,992 ₹ 5,366
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
Year30
₹ 0₹ 0₹ 0₹ 0₹ 0₹ 0
₹ 2,508₹ 1,204₹ 1,588
₹ 468
₹ 5,768
₹ 5,768
₹ 0
Area Program
Site Area 10,000 Sq.m.F.A.R 2.5Builtup Area 25000 Sq.m.Ground Coverage 3000 Sq.m.
Commercial AreaHotel 3750 Sq.m. 27%Office 5000 Sq.m. 40%Retail 3500 Sq.m. 33%Parking 6400 Sq.m.
Bus terminal Area 6320 Sq.m.
Basement Area 6000 sq.m.
31%
41%
29%
Chart Title
123
31%
41%
29%
Chart Title
123
Development CostContingency cost 5%
Commercial Area Area Unit unit cost of construction Contengency cost Total Unit Cost
Hotel 3750 Sq.m. ₹ 4,800 INR/sq.ft. ₹ 240 INR/sq.ft. ₹ 5,040Office 5000 Sq.m. ₹ 3,589 INR/sq.ft. ₹ 179 INR/sq.ft. ₹ 3,769Retail 3500 Sq.m. ₹ 4,020 INR/sq.ft. ₹ 201 INR/sq.ft. ₹ 4,221Parking (in spots) 3750 Sq.m. ₹ 1,436 INR/sq.ft. ₹ 72 INR/sq.ft. ₹ 1,507Bus Stand 6320 Sq.m. ₹ 4,500 INR/sq.ft. ₹ 225 INR/sq.ft. ₹ 4,725
Parking (in spots) 6400 Sq.m. ₹ 289,746 INR/P.S. ₹ 14,487 INR/P.S. ₹ 304,233
Infrastructure costTotal site development cost ₹ 4,368,850Total BUA 269,100 sq.ftSite development cost/sq.ft. ₹ 16 INR/sq.ft.
Total Unit CostTotal Cost
INR/sq.ft. ₹ 2,034INR/sq.ft. ₹ 2,028INR/sq.ft. ₹ 1,590INR/sq.ft. ₹ 608INR/sq.ft. ₹ 3,214
₹ 9,476INR/P.S. ₹ 19,471
₹ 44
₹ 9,519
Financial calculations for Office/Commercial
AssumptionsBUA 53820 sqftOffice 1 (400-500 sq.ft.) 40% 21528 sqftOffice 2 (800-1000sq.ft.) 35% 18837 sqftOffice 3(1300-1500 sq.ft. ) 25% 13455 sqft
Year Year Year Year Year1 2 3 4 5
Inflation factor 8% 1.08 1.16 1.24 1.34 1.44Absorption of Lease Area 30% 0 0 0 16146 32292Vacancy factor 5%N.Lease Rate office 1 ₹ 75 /sq.ft./month ₹ 81 ₹ 87 ₹ 93 ₹ 100 ₹ 108N.L.R. office 2 ₹ 65 /sq.ft./month ₹ 70 ₹ 75 ₹ 81 ₹ 87 ₹ 93N.L.R. office 3 ₹ 60 /sq.ft./month ₹ 65 ₹ 69 ₹ 75 ₹ 80 ₹ 86
Development costPercent built 30% 35% 35%Development cost ₹ 2,028 ₹ 608 ₹ 710 ₹ 710 ₹ 0 ₹ 0Site development cost ₹ 9 ₹ 4 ₹ 4Total development cost ₹ 2,037 ₹ 613 ₹ 710 ₹ 714 ₹ 0 ₹ 0
RevenueLease rent ₹ 0 ₹ 0 ₹ 0 ₹ 167 ₹ 358Maintanence cost ₹ 20 /sq.ft./month ₹ 0 ₹ 0 ₹ 0 -₹ 52 -₹ 111Net operating income ₹ 0 ₹ 0 ₹ 0 ₹ 115 ₹ 247
Net Cash Flows -₹ 613 -₹ 710 -₹ 714 ₹ 115 ₹ 247
Net Present Value @ 12% ₹ 2,145 IRR : 20%
Year Year Year Year Year Year Year Year Year Year Year Year6 7 8 9 10 11 12 13 14 15 16 171.54 1.66 1.78 1.92 2.06 2.22 2.38 2.56 2.75 2.96 3.18 3.42
48438 53820 53820 53820 53820 53820 53820 53820 53820 53820 53820 53820
₹ 116 ₹ 124 ₹ 134 ₹ 144 ₹ 155 ₹ 166 ₹ 179 ₹ 192 ₹ 206 ₹ 222 ₹ 239 ₹ 256₹ 100 ₹ 108 ₹ 116 ₹ 125 ₹ 134 ₹ 144 ₹ 155 ₹ 166 ₹ 179 ₹ 192 ₹ 207 ₹ 222
₹ 93 ₹ 100 ₹ 107 ₹ 115 ₹ 124 ₹ 133 ₹ 143 ₹ 154 ₹ 165 ₹ 178 ₹ 191 ₹ 205
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 577 ₹ 690 ₹ 741 ₹ 797 ₹ 857 ₹ 921 ₹ 990 ₹ 1,064 ₹ 1,144 ₹ 1,230 ₹ 1,322 ₹ 1,421-₹ 179 -₹ 214 -₹ 230 -₹ 248 -₹ 266 -₹ 286 -₹ 308 -₹ 331 -₹ 356 -₹ 382 -₹ 411 -₹ 442₹ 398 ₹ 475 ₹ 511 ₹ 549 ₹ 591 ₹ 635 ₹ 682 ₹ 734 ₹ 789 ₹ 848 ₹ 911 ₹ 980
₹ 398 ₹ 475 ₹ 511 ₹ 549 ₹ 591 ₹ 635 ₹ 682 ₹ 734 ₹ 789 ₹ 848 ₹ 911 ₹ 980
Year Year Year Year Year Year Year Year Year Year Year Year18 19 20 21 22 23 24 25 26 27 28 293.68 3.95 4.25 4.57 4.91 5.28 5.67 6.10 6.56 7.05 7.58 8.14
53820 53820 53820 53820 53820 53820 53820 53820 53820 53820 53820 53820
₹ 276 ₹ 296 ₹ 319 ₹ 342 ₹ 368 ₹ 396 ₹ 425 ₹ 457 ₹ 492 ₹ 529 ₹ 568 ₹ 611₹ 239 ₹ 257 ₹ 276 ₹ 297 ₹ 319 ₹ 343 ₹ 369 ₹ 396 ₹ 426 ₹ 458 ₹ 492 ₹ 529₹ 221 ₹ 237 ₹ 255 ₹ 274 ₹ 295 ₹ 317 ₹ 340 ₹ 366 ₹ 393 ₹ 423 ₹ 455 ₹ 489
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 1,528 ₹ 1,643 ₹ 1,766 ₹ 1,898 ₹ 2,041 ₹ 2,194 ₹ 2,358 ₹ 2,535 ₹ 2,725 ₹ 2,929 ₹ 3,149 ₹ 3,385-₹ 475 -₹ 510 -₹ 549 -₹ 590 -₹ 634 -₹ 682 -₹ 733 -₹ 788 -₹ 847 -₹ 910 -₹ 979 -₹ 1,052
₹ 1,053 ₹ 1,132 ₹ 1,217 ₹ 1,308 ₹ 1,406 ₹ 1,512 ₹ 1,625 ₹ 1,747 ₹ 1,878 ₹ 2,019 ₹ 2,171 ₹ 2,333
₹ 1,053 ₹ 1,132 ₹ 1,217 ₹ 1,308 ₹ 1,406 ₹ 1,512 ₹ 1,625 ₹ 1,747 ₹ 1,878 ₹ 2,019 ₹ 2,171 ₹ 2,333
Year30
8.7553820
₹ 657₹ 569₹ 525
₹ 0
₹ 0
₹ 3,639-₹ 1,131₹ 2,508
₹ 2,508
Financial Calculations for Retail Space
BUA 37674 sqftShops 75% 28256 sqftHyper Market 25% 9419 sqft
Assumptions Year Year Year1 2 3
Inflation factor 8% 1.08 1.16 1.24Absorption of LA-hypermarket 100% 0 0 0Absorption of LA-shops 30% 0 0 0Vacancy factor 3%Net Lease Rate Shop ₹ 110 /sq.ft./month ₹ 118 ₹ 127 ₹ 137N.L.R. Hypermarket ₹ 95 /sq.ft./month ₹ 102 ₹ 110 ₹ 118
Development costPercent built 30% 35% 35%Development cost ₹ 1,590 ₹ 477 ₹ 557 ₹ 557Site development cost ₹ 6 ₹ 3 ₹ 3Total development cost ₹ 1,596 ₹ 480 ₹ 557 ₹ 560
RevenueLease rent ₹ 0 ₹ 0 ₹ 0Maintanence cost ₹ 20 /sq.ft./month ₹ 0 ₹ 0 ₹ 0Net operating income ₹ 0 ₹ 0 ₹ 0
Net Cash Flows -₹ 480 -₹ 557 -₹ 560
Net Present Value @ 12% ₹ 742 IRR :
Year Year Year Year Year Year Year Year Year Year4 5 6 7 8 9 10 11 12 13
1.34 1.44 1.54 1.66 1.78 1.92 2.06 2.22 2.38 2.569419 9419 9419 9419 9419 9419 9419 9419 9419 94198477 16953 25430 28256 28256 28256 28256 28256 28256 28256
₹ 147 ₹ 158 ₹ 170 ₹ 182 ₹ 196 ₹ 211 ₹ 227 ₹ 244 ₹ 262 ₹ 282₹ 127 ₹ 136 ₹ 147 ₹ 158 ₹ 169 ₹ 182 ₹ 196 ₹ 210 ₹ 226 ₹ 243
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 304 ₹ 327 ₹ 352 ₹ 378 ₹ 407 ₹ 437 ₹ 470 ₹ 505 ₹ 543 ₹ 584-₹ 57 -₹ 91 -₹ 129 -₹ 150 -₹ 161 -₹ 173 -₹ 186 -₹ 200 -₹ 215 -₹ 232₹ 247 ₹ 236 ₹ 223 ₹ 228 ₹ 245 ₹ 264 ₹ 283 ₹ 305 ₹ 328 ₹ 352
₹ 247 ₹ 236 ₹ 223 ₹ 228 ₹ 245 ₹ 264 ₹ 283 ₹ 305 ₹ 328 ₹ 352
17%
Year Year Year Year Year Year Year Year Year Year14 15 16 17 18 19 20 21 22 23
2.75 2.96 3.18 3.42 3.68 3.95 4.25 4.57 4.91 5.289419 9419 9419 9419 9419 9419 9419 9419 9419 9419
28256 28256 28256 28256 28256 28256 28256 28256 28256 28256
₹ 303 ₹ 325 ₹ 350 ₹ 376 ₹ 404 ₹ 435 ₹ 467 ₹ 502 ₹ 540 ₹ 580₹ 261 ₹ 281 ₹ 302 ₹ 325 ₹ 349 ₹ 375 ₹ 404 ₹ 434 ₹ 466 ₹ 501
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 627 ₹ 675 ₹ 725 ₹ 779 ₹ 838 ₹ 901 ₹ 968 ₹ 1,041 ₹ 1,119 ₹ 1,203-₹ 249 -₹ 268 -₹ 288 -₹ 309 -₹ 332 -₹ 357 -₹ 384 -₹ 413 -₹ 444 -₹ 477₹ 379 ₹ 407 ₹ 438 ₹ 470 ₹ 506 ₹ 544 ₹ 584 ₹ 628 ₹ 675 ₹ 726
₹ 379 ₹ 407 ₹ 438 ₹ 470 ₹ 506 ₹ 544 ₹ 584 ₹ 628 ₹ 675 ₹ 726
Year Year Year Year Year Year Year24 25 26 27 28 29 30
5.67 6.10 6.56 7.05 7.58 8.14 8.759419 9419 9419 9419 9419 9419 9419
28256 28256 28256 28256 28256 28256 28256
₹ 624 ₹ 671 ₹ 721 ₹ 775 ₹ 833 ₹ 896 ₹ 963₹ 539 ₹ 579 ₹ 623 ₹ 670 ₹ 720 ₹ 774 ₹ 832
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 1,293 ₹ 1,390 ₹ 1,494 ₹ 1,607 ₹ 1,727 ₹ 1,857 ₹ 1,996-₹ 513 -₹ 551 -₹ 593 -₹ 637 -₹ 685 -₹ 736 -₹ 792₹ 780 ₹ 839 ₹ 902 ₹ 969 ₹ 1,042 ₹ 1,120 ₹ 1,204
₹ 780 ₹ 839 ₹ 902 ₹ 969 ₹ 1,042 ₹ 1,120 ₹ 1,204
Calculations for Hotel Part
Year Year Year Year1 2 3 4
BUA 40028 sqftInflation 7.5% 1.08 1.16 1.24 1.34Keys 60 0 0 0 60Rack Rate ₹ 3,000 per dayDiscount 25%Occupancy 65%Avg Room Rate (ARR) ₹ 2,250 per day ₹ 2,419 ₹ 2,600 ₹ 2,795 ₹ 3,005Revenue PAR ₹ 1,463 per day ₹ 1,572 ₹ 1,690 ₹ 1,817 ₹ 1,953
Room revenue ₹ 0 ₹ 0 ₹ 0 ₹ 428Food & Beverages 25% of room sales ₹ 0 ₹ 0 ₹ 0 ₹ 107Expenses ₹ 1,000 per room ₹ 0 ₹ 0 ₹ 0 ₹ 292Net Income ₹ 0 ₹ 0 ₹ 0 ₹ 242
% Completed 25% 35% 40%Development Costs ₹ 2,017 ₹ 504 ₹ 706 ₹ 807Site Development ₹ 6.50 ₹ 2 ₹ 2 ₹ 2Total development costs ₹ 2,024 ₹ 507 ₹ 709 ₹ 810
Revenue cash flows ₹ 0 ₹ 0 ₹ 0 ₹ 242Developmental costs -₹ 507 -₹ 709 -₹ 810 ₹ 0Net Cash Flows -₹ 507 -₹ 709 -₹ 810 ₹ 242
Net Present Value @ 12% ₹ 971.35 IRR :
Net Operating Income (In Lakhs)
Development Costs (In Lakhs)
Cash Flows (In Lakh)
Year Year Year Year Year Year Year Year Year Year Year Year5 6 7 8 9 10 11 12 13 14 15 16
1.44 1.54 1.66 1.78 1.92 2.06 2.22 2.38 2.56 2.75 2.96 3.1860 60 60 60 60 60 60 60 60 60 60 60
₹ 3,230 ₹ 3,472 ₹ 3,733 ₹ 4,013 ₹ 4,314 ₹ 4,637 ₹ 4,985 ₹ 5,359 ₹ 5,761 ₹ 6,193 ₹ 6,657 ₹ 7,157₹ 2,100 ₹ 2,257 ₹ 2,426 ₹ 2,608 ₹ 2,804 ₹ 3,014 ₹ 3,240 ₹ 3,483 ₹ 3,745 ₹ 4,025 ₹ 4,327 ₹ 4,652
₹ 460 ₹ 494 ₹ 531 ₹ 571 ₹ 614 ₹ 660 ₹ 710 ₹ 763 ₹ 820 ₹ 882 ₹ 948 ₹ 1,019₹ 115 ₹ 124 ₹ 133 ₹ 143 ₹ 154 ₹ 165 ₹ 177 ₹ 191 ₹ 205 ₹ 220 ₹ 237 ₹ 255₹ 314 ₹ 338 ₹ 363 ₹ 391 ₹ 420 ₹ 451 ₹ 485 ₹ 522 ₹ 561 ₹ 603 ₹ 648 ₹ 697₹ 260 ₹ 280 ₹ 301 ₹ 323 ₹ 348 ₹ 374 ₹ 402 ₹ 432 ₹ 464 ₹ 499 ₹ 537 ₹ 577
₹ 260 ₹ 280 ₹ 301 ₹ 323 ₹ 348 ₹ 374 ₹ 402 ₹ 432 ₹ 464 ₹ 499 ₹ 537 ₹ 577₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 260 ₹ 280 ₹ 301 ₹ 323 ₹ 348 ₹ 374 ₹ 402 ₹ 432 ₹ 464 ₹ 499 ₹ 537 ₹ 577
17%
Year Year Year Year Year Year Year Year Year Year Year17 18 19 20 21 22 23 24 25 26 27
3.42 3.68 3.95 4.25 4.57 4.91 5.28 5.67 6.10 6.56 7.0560 60 60 60 60 60 60 60 60 60 60
₹ 7,694 ₹ 8,271 ₹ 8,891 ₹ 9,558 ₹ 10,274 ₹ 11,045 ₹ 11,873 ₹ 12,764 ₹ 13,721 ₹ 14,750 ₹ 15,857₹ 5,001 ₹ 5,376 ₹ 5,779 ₹ 6,212 ₹ 6,678 ₹ 7,179 ₹ 7,718 ₹ 8,297 ₹ 8,919 ₹ 9,588 ₹ 10,307
₹ 1,095 ₹ 1,177 ₹ 1,266 ₹ 1,361 ₹ 1,463 ₹ 1,572 ₹ 1,690 ₹ 1,817 ₹ 1,953 ₹ 2,100 ₹ 2,257₹ 274 ₹ 294 ₹ 316 ₹ 340 ₹ 366 ₹ 393 ₹ 423 ₹ 454 ₹ 488 ₹ 525 ₹ 564₹ 749 ₹ 805 ₹ 865 ₹ 930 ₹ 1,000 ₹ 1,075 ₹ 1,156 ₹ 1,242 ₹ 1,336 ₹ 1,436 ₹ 1,543₹ 620 ₹ 667 ₹ 717 ₹ 770 ₹ 828 ₹ 890 ₹ 957 ₹ 1,029 ₹ 1,106 ₹ 1,189 ₹ 1,278
₹ 620 ₹ 667 ₹ 717 ₹ 770 ₹ 828 ₹ 890 ₹ 957 ₹ 1,029 ₹ 1,106 ₹ 1,189 ₹ 1,278₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 620 ₹ 667 ₹ 717 ₹ 770 ₹ 828 ₹ 890 ₹ 957 ₹ 1,029 ₹ 1,106 ₹ 1,189 ₹ 1,278
Year Year Year28 29 30
7.58 8.14 8.7560 60 60
₹ 17,046 ₹ 18,324 ₹ 19,699₹ 11,080 ₹ 11,911 ₹ 12,804
₹ 2,426 ₹ 2,608 ₹ 2,804₹ 607 ₹ 652 ₹ 701
₹ 1,659 ₹ 1,784 ₹ 1,917₹ 1,374 ₹ 1,477 ₹ 1,588
₹ 1,374 ₹ 1,477 ₹ 1,588₹ 0 ₹ 0 ₹ 0
₹ 1,374 ₹ 1,477 ₹ 1,588
Financial Calculations for ParkingYear Year
1 2BUA 68,890 sqft Inflation Factor 7.5% 1.08 1.16 Parking Spaces 236 0 0Monthly Fees
Monthly Parking Fee ₹ 1,200Allocation to Monthly Use 35% 0 0Percent Occupancy 95%
Hourly FeesNumber of Spaces 153 0 0
Non-Work Days 52Daily Parking Hours 14Percent Utilization 75%
Work Days 313Daily Parking Hours 12Percent Utilization 75%
Hourly Parking Rate ₹ 10ExpensesOperating Expenses (% of Gross Revenue) 15%
Net Operating IncomeParking Revenue
Monthly Parking ₹ 0 ₹ 0Hourly Parking ₹ 0 ₹ 0
Total Parking Revenue ₹ 0 ₹ 0Expenses ₹ 0 ₹ 0Net Operating Income ₹ 0 ₹ 0
Development CostsPercent Built by Year 25.0% 35.0%Development Costs ₹ 718 ₹ 179 ₹ 251Infrastructure Costs ₹ 11 ₹ 4 ₹ 4Total Development Costs ₹ 183 ₹ 255
Annual Cash FlowNet Operating Income ₹ 0 ₹ 0Total Development Costs -₹ 183 -₹ 255Net Cash Flow -₹ 183 -₹ 255
Net Present Value @ 12% ₹ 182
Year Year Year Year Year Year Year Year Year Year3 4 5 6 7 8 9 10 11 12
1.24 1.34 1.44 1.54 1.66 1.78 1.92 2.06 2.22 2.38 0 236 236 236 236 236 236 236 236 236
0 83 83 83 83 83 83 83 83 83
0 153 153 153 153 153 153 153 153 153
₹ 0 ₹ 15 ₹ 16 ₹ 17 ₹ 19 ₹ 20 ₹ 22 ₹ 23 ₹ 25 ₹ 27₹ 0 ₹ 69 ₹ 74 ₹ 80 ₹ 86 ₹ 92 ₹ 99 ₹ 106 ₹ 114 ₹ 123₹ 0 ₹ 84 ₹ 90 ₹ 97 ₹ 104 ₹ 112 ₹ 121 ₹ 130 ₹ 139 ₹ 150₹ 0 ₹ 12.60 ₹ 14 ₹ 15 ₹ 16 ₹ 17 ₹ 18 ₹ 19 ₹ 21 ₹ 22₹ 0 ₹ 71 ₹ 77 ₹ 82 ₹ 89 ₹ 95 ₹ 102 ₹ 110 ₹ 118 ₹ 127
40.0%₹ 287
₹ 4₹ 291
₹ 0 ₹ 71 ₹ 77 ₹ 82 ₹ 89 ₹ 95 ₹ 102 ₹ 110 ₹ 118 ₹ 127-₹ 291 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0-₹ 291 ₹ 71 ₹ 77 ₹ 82 ₹ 89 ₹ 95 ₹ 102 ₹ 110 ₹ 118 ₹ 127
IRR 14.6%
Year Year Year Year Year Year Year Year Year Year13 14 15 16 17 18 19 20 21 22
2.56 2.75 2.96 3.18 3.42 3.68 3.95 4.25 4.57 4.91 236 236 236 236 236 236 236 236 236 236
83 83 83 83 83 83 83 83 83 83
153 153 153 153 153 153 153 153 153 153
₹ 29 ₹ 31 ₹ 33 ₹ 36 ₹ 39 ₹ 42 ₹ 45 ₹ 48 ₹ 52 ₹ 55₹ 132 ₹ 142 ₹ 153 ₹ 164 ₹ 176 ₹ 190 ₹ 204 ₹ 219 ₹ 236 ₹ 253₹ 161 ₹ 173 ₹ 186 ₹ 200 ₹ 215 ₹ 231 ₹ 249 ₹ 267 ₹ 287 ₹ 309
₹ 24 ₹ 26 ₹ 28 ₹ 30 ₹ 32 ₹ 35 ₹ 37 ₹ 40 ₹ 43 ₹ 46₹ 137 ₹ 147 ₹ 158 ₹ 170 ₹ 183 ₹ 196 ₹ 211 ₹ 227 ₹ 244 ₹ 262
₹ 137 ₹ 147 ₹ 158 ₹ 170 ₹ 183 ₹ 196 ₹ 211 ₹ 227 ₹ 244 ₹ 262₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 137 ₹ 147 ₹ 158 ₹ 170 ₹ 183 ₹ 196 ₹ 211 ₹ 227 ₹ 244 ₹ 262
Year Year Year Year Year Year Year Year23 24 25 26 27 28 29 30
5.28 5.67 6.10 6.56 7.05 7.58 8.14 8.75 236 236 236 236 236 236 236 236
83 83 83 83 83 83 83 83
153 153 153 153 153 153 153 153
₹ 60 ₹ 64 ₹ 69 ₹ 74 ₹ 80 ₹ 86 ₹ 92 ₹ 99₹ 272 ₹ 293 ₹ 315 ₹ 338 ₹ 364 ₹ 391 ₹ 420 ₹ 452₹ 332 ₹ 357 ₹ 384 ₹ 412 ₹ 443 ₹ 476 ₹ 512 ₹ 551
₹ 50 ₹ 54 ₹ 58 ₹ 62 ₹ 66 ₹ 71 ₹ 77 ₹ 83₹ 282 ₹ 303 ₹ 326 ₹ 350 ₹ 377 ₹ 405 ₹ 435 ₹ 468
₹ 282 ₹ 303 ₹ 326 ₹ 350 ₹ 377 ₹ 405 ₹ 435 ₹ 468₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0
₹ 282 ₹ 303 ₹ 326 ₹ 350 ₹ 377 ₹ 405 ₹ 435 ₹ 468
Debt Assumptions
Principal Disbursed (% of development cost) 50% ₹ 4,760 LakhsPrincipal Repayment Moratorium 3 YearsInterest 9%Tenure 10 Years
Debt Cash Flows Year Year Year1 2 3
Opening Balance ₹ 4,760 ₹ 4,760
Loan Amount ₹ 4,760 ₹ 0 ₹ 0Interest Payment -₹ 428 -₹ 428 -₹ 428Principal Payment ₹ 0 ₹ 0 ₹ 0
Debt Cash Flows ₹ 4,331 -₹ 428 -₹ 428
IRR 11%
Year Year Year Year Year Year Year Year Year Year4 5 6 7 8 9 10 11 12 13
₹ 4,760 ₹ 4,284 ₹ 3,808 ₹ 3,332 ₹ 2,856 ₹ 2,380 ₹ 1,904 ₹ 1,428 ₹ 952 ₹ 476
₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0 ₹ 0-₹ 428 -₹ 386 -₹ 343 -₹ 300 -₹ 257 -₹ 214 -₹ 171 -₹ 129 -₹ 86 -₹ 43-₹ 476 -₹ 476 -₹ 476 -₹ 476 -₹ 476 -₹ 476 -₹ 476 -₹ 476 -₹ 476 -₹ 476
-₹ 904 -₹ 861 -₹ 819 -₹ 776 -₹ 733 -₹ 690 -₹ 647 -₹ 604 -₹ 562 -₹ 519
Year Year Year Year Year Year Year Year Year Year14 15 16 17 18 19 20 21 22 23
Year Year Year Year Year Year Year24 25 26 27 28 29 30
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