Arani Town - Municipal

Chapter - 14 Final Report: Arani Municipality
The parking area shall constructed on BOOT basis and income from parking area
shall accrue to BOOT Operator for the first 10 years and thereafter to the
Municipality.
The O&M charges of the Bus Stand shall amount to Rs. 18.45 lacs per annum. The
same shall increase @ 5% per annum.
J) Market
Improvements to Market shall be carried out at a cost of Rs. 115 lacs.
It is estimated that the improvements shall increase the revenue from Market to the
Municipality as given below :
Table 14-11: Market - Assumptions
Particulars No. of Shops Rent per Month
New Shops 73 1300
The same shall increase @ 15% every 3 years.
The O&M charges on market shall be equal to Rs. 3.45 lacs per annum. The same
shall increase @ 5% per annum.
m) Remunerative Projects
A Shopping Complex shall be constructed at a cost of Rs. 60 lacs. The total number
of additional shops to be constructed shall be as below :
Table 14-12: Shopping complex - Assumptions
Particulars No. of Shops Rent per Month
Big Shops 20 5000
Small Shops 24 1000
The rental income shall increase by 15% every 3 years.
The annual O&M charges shall be equal to Rs. 1.80 lacs and the same shall
increase @ 5% per annum.
o) Slaughter House & Gasifier Crematorium
The income from Ongoing Slaughter House shall be Rs. 1.50 lacs per annum. The
expenses of Slaughter House shall be Rs. 1.00 lacs per annum. Both shall increase @
5% per annum.
The income from New Slaughter House shall be Rs. 1.50 lacs per annum. The
expenses of Slaughter House shall be Rs. 0.81 lacs per annum. Both shall increase @
5% per annum.
The income from Burial Ground shall be Rs. 1 lac per annum. The expenses of Burial
Ground shall also be Rs. 0.86 lac per annum. Both shall increase @ 5% per annum.
. - 118 -
Voyants Solutions Private Limited