Public School Building

1) Name of Work

2) Brief description 3) Administratative Approval (Date and Amount) 4) Technical Sanction (Date and Amount) 5) Date of Start 6) Date of Completion 7) Final Cost (on completion) 8) Total Built-up Area 9) Number of Storeys 10) Special Features

Construction of Public School building for Mehetar Samaj at Yerawada, Pune 6 (Construction of Hostel building for 204 students) Work is completed and handed over to user department Social Welfare Department No.1094/16/6, Date 23/02/1994. For RS. 4,29,32,752/Chief Engineer Pune, P.W.D. Region Punes office Reg.No. Desk-2A Building /Mehetar Samaj / Public School / 6142 Dt. 18/07/96. For RS. 1,08,11,645/01/01/1997 31/12/1998 RS. 104.67 Lac 1249.30 Sqm (Ground floor: 471.58 Sqm., First floor: 388.36 Sqm, Second floor: 389.36 Sqm) Ground + 2 upper floors Specious rooms for students with good sanitation and ventilation.

Setting up a school may cost crores

TNN 8 February 2009, 01:36am IST Print Email Discuss Bookmark/Share Save Comment Text Size: | NEW DELHI: The Delhi government has allowed private schools to increase tuition fees

by a maximum of Rs 500. But with several schools threatening to move court, the issue is far from being resolved. And many parents have been left wondering about the exact economics of setting up and running a decent non-residential private school. The expenses obviously are linked with the kind of school one plans to build. But former headmaster Doon School Shomie Das says that setting up a first-rate non-residential private school spread over a minimum of 5 acres of land for about 2,000 students would cost about Rs 30-35 crore. "The construction cost, including the land, will lead to expenses of about Rs 25 crore. This is assuming the different buildings such as classrooms, auditorium, swimming pool

are built over a total area of 200,000 square feet,'' says Das, who has helped set up 50 schools, including Heritage (Kolkata) and Sanskriti (Delhi) in the past few decades. In such schools, the salaries of staff work out to 70% of the operational cost. The remaining amount goes into the school's upkeep such as buying sports equipment or laboratory material. The teacher-student ratio should be anything between 1:15 and 20 in a day school, he says. Residential schools are more expensive. According to Das, setting up a quality residential school over a minimum of 20 acres would cost anything between Rs 75 and Rs 100 crore depending on the quality of construction. Assuming the structures are spread over 400,000 square foot area with an asking rate of Rs 1,200 per square feet, the figure would be on the lower side. Costlier constructions could be priced up to Rs 2,000-2,500 per foot. A reason why the costs are relatively higher is because more area is needed for hostels and staff residences. Overall construction cost would be at least Rs 50-60 crore. Add to that the land rate. Site development would also cost Rs 2-3 crore. Expenditure on sports equipment, furniture and fittings would be worth another Rs 5 crore. "A principal's cost-to-company in a first-rate private school can be anything between Rs 1 and Rs 2.5 lakh per month. A teacher in a similar school takes home anything between Rs 15,000 and Rs 60,000 every month,'' says the former Doon school headmaster. For a residential school, salaries form about 50% of the operational cost. Catering expenses add to another 30-40%. Maintenance plus development take up another 10%. The teacher to student ratio for such a residential school should be about 1:12, says Das. "The thumb rule is that fees should cover your running costs as well as give you a surplus to service the loan taken to build the school as well as for its development,'' he says. Business Plan A. Total Investment: a. Land, Area and value b. Building area, construction cost / interior c. Cost of school Equipments / furniture d. Pre-Operative expenses (includes project Technical expenses) e. Advertising Expenditure B. Basic Start up needs: Selection of land/site Acquisition of land in the chosen locality Architectural design of the school building Appointment of engineers and contractors Formation of Organization Arranging the finances

preparation.

Arranging to get local Municipal & education permission. Setting up a city office with skeletal staff later to include teachers. Franchisee charges: 1. Franchisee charges are for the expertise & the knowledge developed by the franchisor.

one head & two

sharing which has been

2. Franchisor assistance is required for corporate Governance of the school & the DRS brand name for Quality education & service. Franchisee fees are mentioned below: A professional perspective of the future To create a society of progressive, thinking individuals who will contribute to the intellectual development of the global community by initiating positive changes in the social fabric; in the technology and administration of our life and businesses; and in the approaches employed to realize individual and collective aspirations. Objectives of the company can be defined as:

To provide the finest quality education that will evolve in step with the changes that takes place globally in the fields of education, science, commerce and arts. To provide an environment conducive to the development of progressive thinking. To provide educational facilities that rank on par with those offered in the world's finest educational institutions. To set new qualitative standards in education by employing innovative approaches

A profitable partnership with a proven entity As a franchisee, you can depend on a concept that has been accepted with a fair amount of success and firmly established the credentials of the franchisor. The track record indicates that the project has been a huge success for a number of reasons. Faster start-up As a DRS franchisee, you will benefit from a franchisor who is committed to the project and will ensure that all processes are in place in the least possible time. Ensuring that your enterprise takes off in record time. Less Risk Your chances of failure are lower with a franchise operation,because of the experience, expertise & proven resources that support you in your business. The current success rate of our franchisees is around 90%.

Low Investment With our comprehensive support which even includes arranging finance, franchisees can rest assured that the investment required is not a financial burden for franchisees. Superior purchasing power The group purchasing power of franchisees can make a big difference in your costs of doing business. Large buying groups can typically demand significantly lower prices on goods and services. Name Recognition and Brand Awareness With an established franchise, you get the benefits that occur from marketing an established brand of products or services. With a new franchise, you can grow and contribute to the creation of the brand. Business Support As a franchisee, you will generally receive valuable, ongoing business support, including site selection, training, recipes, marketing, new technology & more. We will assist you in developing a business plan, in learning the best ways to hire and manage personnel, and how to get profits from a professionally managed facility.