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BAVALI JUNGLE RETREAT Bavali, Manantoddy Taluk,Wynad, Kerala The Area Tholpetty Game Reserve in Wynad and Nagarhole National Park in Karnataka forms an aqueous boundary with the Bandipur National Park. Together, this area constitutes the largest contiguous forest cover in this part of the world and is part of the Nilgiri biosphere, the largest in Asia, and home to the largest concentration of herbivores in Asia. And herbivores don't get larger than the Asiatic elephant, whose favorite playground this is. At Tholpetty and Nagarhole, one can witness the largest congregation of Asiatic Elephants in the world, and these majestic mammals rule the roost here. While the lead actors may be largely herbivorous, the support cast consists of three major predators in the Tiger, Leopard and Dhole or Wild Dog, with all three co-existing in high densities. A feature unique to Tholpetty, Bavali and Nagarhole. The Promoter The promoter Mr. Johny Joseph is a native of Wynad with about 24 years experience in travel and tourism as the Chairman & Managing Director of Atlanta Travels (India) pvt ltd, an IATA accredited agency based in cochin agency.. He has traveled extensively over 33 countries and have a deep knowledge about the game reserves in Kenya, Kruger national park, South Africa etc.. The Theme Inspired in design by the Tribal the legendry Kurichia Tribe’s huts, the result is a resort architecture that has a tribal Kurichia leitmotif, where each of the guest huts bespeaks a happy marriage of traditional craft and modern luxury. From the outside, the dwellings subtly incorporate the colours and textures of the landscape in every detail; while within, the sumptuous interiors reflect a vernacular sensitivity that goes beyond mere lip service. From the ethnic furniture and luxury fittings, through the tribal patterned furnishings and drapery, to the little touches like the ‘bamboo' lamp shades, the sum of the parts is a harmonious whole. This picturesque land with sweeping panoramic vistas is bordered on three sides by the Tholpetty, Bavali Game Reserve and close to the Kabini River. The Plan This proposed project is close to the Wynad Game sanctuary and easy access to the game reserve. Guests can drive thru the forest and watch the game. We plan to sell each cottage with a built up area of apx. 490/550 sqft ranging from Rs. 15 lakhs to 21 lakhs. We propose to take it back from the owners on long term lease with a guaranteed return on investment of about 12% to 15% per annum. Each owner can take a free stay for 30 days annually. We have maketing associates in Bangalore, USA, Canada etc and they have shown good interest in the project. We have ownership of 8.5 acres of land already. Viability Study Cost of land 850 cents x Rs. 25,000 Construction cost etc Marketing cost Working capital Total = Rs. 2.125 crores = Rs. 5.160 crores = Rs. .500 cr = Rs. .500 cr = Rs. 8.385 crores Rs.8.385 crores/ 52 cottages = Rs. 16.12 lakhs per cottage appx. Average selling price of a cottage = Rs. 19 lakhs So expected profit per cottage is Rs. 2.8 lakhs x 52 = Rs. 1.45 crores ( total profit) Running the Resort Income Rate per night Rs.3,500 x 52 cottages x 256 days Income from food and beverages 52 x 2 x 256 x Rs. 250 per person Total expected income = Rs. 4.660 crores = Rs. .650 cr = Rs. 5.310 cr Expenses Staff salary, maintenance etc = Rs. 0.700 cr Rental for villa owners @ Rs. 1.9 lakhs per annum = Rs. 0.988 cr Total expense = Rs. 1.688 cr Nett income expected per annum = Rs. 3. 622 cr