Resort Island Project-Transinnova

8/2/2019 Resort Island Project-Transinnova

http://slidepdf.com/reader/full/resort-island-project-transinnova 1/34

Island Resort KakkathuruthuProject Feasibility Report

Promoted By:

Hotels and Resorts Private Limited Varkala



Contents

1. Introduction

2. Kerala – Overview3. Project Introduction

4. Site Location

5. Site Study and Analysis

6. Site Photograph

7. Concept Development

8. Project USP9. Case Studies

10. Architectural Language

11. Design Ideology

12. Design Proposal

13. Master Costing

14. Project Master Schedule15. Summary



1. Introduction

• Hotels and Resorts Private Limited proposes to build a

high end, first of its kind luxury development on the 7.5 acreKakkathuruthu Island at Ashtamudi Lake in Kollam in Kerala.

• The project has been proposed and positioned based on thethought process that considered the following:

• The current tourism, hospitality and real estate trends in Kerala.

• Financial and environmental analysis with the evaluation of generalparameters that surround the island to guide the development of USP and architectural program.

• Case studies of similar projects abroad helped to evaluate the

potential of the project.



2. Kerala - Overview

• Described by the national geographic traveler as one of the 50 must

see destinations of a lifetime, Kerala is one of the most sought aftertourist destinations in the world.

• An equitable climate, a long shoreline with serene beaches,

stretches of backwaters all make Kerala a unique experience for thetraveler.

Facts and Figures

• Area – 38,863 sq.km

• Population – 3,18,38,619

• Major Destinations

– Beaches – Kovalam, Varkala, Fort Kochi, Kappad, Bekal

– Wild Life Sanctuaries – Thekkady, Parambikulam, Wyanad, Silent Valley

– Hill Stations – Ponmudi, Munnar, Thekkady, Peerumade

• GDP growth rate– 8.1 %

• Quality of life and standard of life indices the best in India.



2. Kerala - Connectivity

Major Cities

• Thiruvananthapuram, Kochi, Kozhikode.Transport Connectivity

• Three international airports – Thiruvananthapuram, Nedumbassery(Kochi) and Kozhikode.

• Sea ports – Kochi, Kollam, Alappuzha, Beypore

• National highways passing through Kerala – 8; Total distance

covered by all national highways–

1524 kms.Distances between major cities

• Thiruvananthapuram – Kochi – 220 kms.

• Thiruvananthapuram - Kozhikode – 382 kms.

• Kochi – Kozhikode – 181 kms.

Distances to metro - cities (outside Kerala)

•Kochi

–Bangalore

–533 kms.

• Kochi – Chennai – 684 kms.



2. Kerala - Tourism

• Total number of foreign tourists who visited Kerala in 2008 –

5,98,929.• Percentage of European tourists – 57.34%.

• Maximum number of tourists came from U.K – 1,41,147.

• Top ten countries from where tourists came – U.K, France,Germany, U.S.A, Maldives, Sweden, Italy, Australia, Switzerland,Canada.

• Percentage increase in the number of foreign tourists over last year

– 16.11%.

• Total number of domestic tourists who visited Kerala in 2008 –

75,91,250.

• Foreign exchange earnings for the year 2008 – Rs 3066.52 crores.

• Total revenue from tourism in 2008 – Rs 13,130 crores.

• Peak season – from October to March.



2. Hospitality Trends

• Star category hotels in Thiruvananthapuram – 5

• Room rents – Rs 1800 to Rs 8000• Star category hotels in Kochi – 9

• Room rents – Rs 1190 to Rs 10000

• Total number of 5 star hotels in Kerala – 9

• Total number of rooms in all the 5 star hotels in Kerala – 837

• Total number of island resorts in Kerala – 5

• Total number or rooms/cottages/suites in all the island resorts inKerala – 221

• Room rents – Rs 4050 to Rs 12500

• Currently there are no seven star hotels in Kerala



2. Real Estate Trends

• Hottest property destination in Kerala – Kochi.

• Approximate amount of money invested per month in Kerala in realestate sector – Rs 135 crores.

• Upcoming real estate hot spot in Kerala – Thiruvananthapuram.

• Drivers of growth for the real estate sector – IT sector, NRIs.

• Time share concept is yet to be explored in Kerala.

• Rental rate for premium residential space in Thiruvananthapuram –

Rs 30,000



3. Project Introduction

• The project is envisioned to be a

one of a kind high end luxurydevelopment.

• The resort will be one among the

very few island resorts in Kerala.

• Holiday ownership concept canbe applied to maximize return oninvestment and as a new model

of development.• Development of physical design

to closely complement thepeculiar features of the site.



4. Site Location

• The site is located at

Kakkathuruthu, near Kollam onthe backwaters of AshtamudiLake.

• Distance to Kollam, district headquarters – 11 kms.



4. Site Location

• Satellite image – zoomed in

Ashtamudi lake

Approximately 10kms byroad



4. Site Location

• Satellite image – zoomed in

Closest land 200 m

Perumon Railwaybridge



4. Site Location

• Total land area – 7.5 Acres

303 m

151 m

303 m

151 m



5. Site Analysis

• Access to the island is by ferry

from the land on the westernside.

• The island can be accessed by a 5

min boat ride.

• A staging area needs to bedeveloped on the land adjacentto the ferry.

151 m

Ferry FerryExisting

Road access

Water route



5. Site Analysis

• Low tide currents

151 m

Ferry

Tides - Ebb

Ferry



5. Site Analysis

Utilities

•Water

–from the well dug at site.

• Electricity - provided by the stateelectricity board, a high tensiontransmission has to be providedto the substation at site.

• PHE – system has to bedeveloped on site.

151 m

Ferry Ferry

Location of well



6. Site Photograph



7. Concept

• One of a kind high end luxurydevelopment.

• Holiday ownership concept.

• Half of the total available area tobe used for farming relatedactivities.

• The rest to be used fordevelopment activities.

• Tourism based development tobe ecologically sensitive.

• The project to have a designlanguage that brings nature tothe interiors.

• The architecture to reflect thelocal culture and tradition.



7. Concept

The proposed development to meetthe following financial objectives:

• Create lasting value.

• Sustainable economicproposition.

• Appreciation of land costvaluation.

• Return on investment at 20% perannum on infrastructure and builtup area.



8. USP

• Island resort – one among thevery few in Kerala.

• Holiday ownership concept – yetto take root in Kerala – novelty

factor.

• Cost effective constructionmethodology – using as manynaturally available materials as

possible.• Ecologically sensitive design and

construction.

• Culturally sensitive architecture.

• Ayurvedic spa.



9. Case Studies

One and Only Resort (Mauritius,Maldives and Dubai) and SixSense (Mauritius and Maldives)

• Average room rates-

• Deluxe room – 730 Euros

• Suites – 1875 Euros

• Private villas – 6000 Euros

• Six Sense positioned as a high

end luxurious experience withemphasis on their renowned spa.

• One and Only resort positionedas high end island developmentwith facilities like golf course,water sports activities and seafood specialty restaurant.



10. Architecture

• External landscape



10. Architecture

• Cottages



10. Architecture

• Ayurvedic Spa



11. Design Ideology

Strategy

•

Relaxation.• Nature.

• Exclusivity.

• Activity.

• Retreat.

Slogan

“Our Island”

Strengths

•

Exclusive island.• Mangroves and water.

• Secluded and private.

• Part of back water system.

• Flora and fauna.

Constraints

•Limited accessibility.

• Tidal fluctuations.

• Wet season.

Opportunities

• Vehicle free movement

• Marina.

•Water sports activity.

• Secured island property.

Aims

Primary• Develop a profitable resort.

Secondary

• Position the development as aunique destination in Kerala.

– Unique Island life style.

– Relaxation in nature.

– Co-exist with nature.

• Position development as highend luxury.

– Exclusive and private.

– Access to activities for the wholefamily for all the seasons.



12. Design Proposal

The proposed island resort to havethe following facilities:

• Accommodation:

– 50 guest cottages with optionsfor 1, 2 and 3 rooms.

• Support facilities

– 24x7 concierge.

– 24x7 room service.

–Multi-cuisine restaurant.

– Conferencing facilities

– Ayurvedic Spa.

– Swimming pool.

– Boutique shops.

– Recreation centre.

– Boat house.

• Other service/back of housefacilities



12. Design Proposal

Ferry

Reception

PoolRestaurant

Bar

Kitchen

Services

Shops

Conference

Tennis

Court

Lawn

GazeboClubhouse



13. Master Costing



14. Master Schedule



14. Master Schedule



14. Master Schedule



14. Master Schedule



15. Summary

• The proposed island resort can bebuilt at an estimated cost of Rs

7,90,80,860.

• The resort can be positioned as a

high end luxury islanddevelopment, with an averageroom rate of around Rs 6000 perday.

• Assuming full occupancy onlyduring the peak season, theincome generated per year willbe Rs 4,50,00,000.



Thank you..!

David [email protected]

Resort Island Project-Transinnova

Documents