03/12/2018 08:20
INR

S.G.Venkatraj Memorial School

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Contact Entrepreneur Chennai, Tamil Nadu
distance: 8,954 Kilometers
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S.G.Venkatraj Memorial School

It is proposed to establish a school on land over 3 acres in Tambaram, Chennai. The location is deemed ideal. A market study was carried out to determine if a school could be established. Commenced the design development of space . A well known School in existence for over twentyfive years will be on a management operating contract to the Trust.The Architect engaged is Christopher Benninger, ( Harvard educated)whose company, CCBA’s works can be accessed on the website: www:ccba.in .The services of an experienced Chartered Accountant has been engaged. The project plan is under development and will be furnished once ready.

The school shall impart the ICSE syllabus.The school will reach full capacity of 1260 students till class 12th in the 10th year taking a conservative view on the growth of the school. The total capital cost of this project would be in the range of Rs. 25-27 crores for a total constructed area of around 90,000 sq feet and the construction is expected to be completed in 3 phases with the phase I of the school to be operational starting from the academic year 2020-21. . The investor shall be leasing out the school building and land to the Trust, and shall use the rental income to service the principal and interest obligations .

Currency INR
Current Stage Idea
Country India
State/Province Tamil Nadu
distance: 8,954 Kilometers
Address Chennai, Tamil Nadu
Category

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