NICMAR/CODE OFFFICE1.CourseNo:PGPM122.Coursetitle:
ConstructionFinanceManagement3.AssignmentNo:024.Dateofdispatch:
15-03-20125.Last date of receipt
ofAssignmentatCODEoffice:AssignmentAn offer has been given by a
charitable trust to develop and build afacility on a 10,000 sq.m.
of plot in a prime locality of Pune where 5000 sq.m.of area will be
used by the trust for housing, health facilities for senior
citizens.5000 sq.m.will be given free to developer asa cost
ofdevelopment.Cost of land is Rs.10, 000/ sq.m.Specification for
flooring:10% Granite40% Kota stone50% Mosaic cement tilesR.C.C
Framed structureAluminium sliding windowsClass A.Rest specification
as used for Class A. constructions.Discuss the final viability of
the project and the financial planning of theproject. Developer
would like to have minimum 18% net profit on hisinvestment.
Developer can invest only Rs.10 lakhs as his own funds and canrise
not more than Rs. 50 lakhs as bank loan.
SOLUTION:1. PROJECT SCOPE /SPECIFICATIONSThe Scope of work
consists of constructing a housing and health facility centerfor
senior citizen on a 5000 sqm plot in a prime locality in Pune. The
landbelongs to a charitable trust.To utilize the space provided by
charitable trust for a social & noblecause.To provide a better
place for senior citizens.To make the society aware about the
responsility towards our elders.Specification for flooring10%
Granite40% Kota Stone.50% Mosaic TilesRCC Framed StructureAluminum
sliding windows- Class AIt will be based on latest technology of
construction. The building will beof framed structure, Structural
glazing, external cladding using compositealuminum sections will
also be applied. Beside these finishes for internal aswell as
external will be of the best type prevailing in the industry
referring toClass- Aspecifications.The work will be completed in 12
months (365 days) as per ProjectimplementationSchedule.
