ANALYSIS OF PARKING AREA IN

SECTOR 5

GROUP MEMBERS

• AKSHIT AGARWAL • ADITI JAIN• KAUSTOV MITRA• NIRAJ KEDIA• POOJA MAKHIJA• PUJA GUPTA• SUBOJYOTI MITRA• VINIT AGARWAL

Sector V is the IT Hub of Kolkata and major sector for the ITES/BPO .Around 1.2 Lakh people are Employed in Sector V. The area is administered by Naba Diganta Industrial Township Authority (NDITA).

INTRODUCTION

Major software companies & educational hubs in sector 5

TCS Delloite PWC Infinity Benchmark Wipro Cognizant Technology Solutions IIPM IBM ISB&M Techno polis Nicco Park & Others.

Criteria for setting up this business

•It should be a cooperative body•It is done by open tender thrown by NDITA•3 yrs license is provided to the LICENSEE•Prior experience in this job is required•Everyone should follow a constant rate approved by NDITA•The rate chart should be published at a visible place

Questionnaire•Name of the customer:•Occupation:•Area:•Purpose for Parking:•No. of days parking(in weeks):•Time Period:•Mode of Wheeler:•Amount Paid:•Mode of Payment:•Any Kind of Additional:•Any Risk Involved:•Do you get token:• How frequently they change their charges:

Customers

Vehicles Regular Customer Rare Customer Flying CustomerTwo WheelerFour Wheeler

Questionnaire•Name of the person:•Area Covering:•No. of 2 wheeler daily:•No. of 4 wheeler daily :•Charges for 2 wheeler Regular customer:

•What is the time slab for charges:•Daily Income:•Daily Profit:•No. of People employed for this job :•Taxes Paid:•Criteria for setting up this business:•From how long he is in the business :• During which time of day parking is entirely full:• Do they maintain books of record:

Parking

Space

Authorized Association PARKING AREA

NDITA INSIDE BUILDING

Pioneer Car Parking

Gitanjali Car Parking

Nicco Park Parking Zone

BIP Infinity

Globsyn

PIONEER CAR PARKING CORPORATION LTD.

AREA 2-WHEELER 4-WHEELER

Infinity benchmark

30 10

Nokia Siemens 3 9

Webel 3 9

IIHM 15 15

RDB 0 40

TCS 70 50

TOTAL 121 133

AVERAGE 121/6 = 20(approx.)

133/6 = 22(approx.)

PIONEER CAR PARKING CORPORATION LTD.

2-wheeler 4-wheelerAverage 20 22Total vehicles 20*22=440 22*22=484Rate(per vehicle) 10 25 Revenue earned 440*10=4400 484*25=12100

Monthly Expenses(salary) 3500*22=77000

Total revenue 4400+12100=16500Daily expenses(77000/30=2566) = 2500(approx.)

Income : = 13950

GITANJALI

2-wheeler 4-wheelerTotal vehicles 200 60Rate(per vehicle) 10 25 Revenue earned 200*10=2000 60*25=1500

Monthly Expenses(salary) 6750*4=27000

Total revenue(2000+1500) = 3500Daily expenses = 900

Income : = 2600

NICCO PARK PARKING ZONE

2-wheeler 4-wheelerTotal vehicles 25 80Rate(per vehicle) 20 25 Revenue earned 25*20=500 80*25=2000

Monthly Expenses(salary) 4875*8=39000

Total revenue(500+2000) = 2500Daily expenses(39000/30) = 1300

Income : = 1200

AREA 2-WHEELER 4-WHEELER

BIP 60 50

Infinity 200 500

Globsyn 200 300

TOTAL 460 850

INSIDE BUILDING PARKING SPACE

INSIDE BUILDING PARKING SPACE

2-wheeler 4-wheelerTotal vehicles 460 850Rate(per vehicle) 30 30 Revenue earned 460*30=13800 850*30=25500

Monthly Expenses(salary) 4200*24=100800

Total revenue(13800+25500) = 39300Daily expenses(100800/30) = 3360

Income : = 35940

PIE CHART

pioneer43%

gitanjali8%

nicco park2%

inside building47%

no of employees

CALCULATION OF MEAN

Name of the company

Income(X )

No of employees (f)

f*X

Pioneer 634 22 13948

Gitanjali 650 04 2600

Nicco park

600 02 1200

Inside building

1500 24 36000

Mean= ∑fx

∑ f

= 5374852

= 1034

pioneer gitanjali nicco park

inside building

0200400600800

1000120014001600

Salary of the employees

mean

Class interval

Frequency

c.F(less than )

600-640 2 2

640-680 1 3

1500-1540

1 4

CALCULATION OF MEDIAN

Median = l1 + N/2 – cf0

f* i

= 640 + (2-2)/1 * 40=640

CONCLUSIONThe parking space providing facilities is

definitely a booming market in sector 5,generating a huge revenue and increases employment opportunities.

Keeping the growing trend of parking setup in mind one can look forward for establishment and development of this booming business in the near future.

THANK YOU

http://www.unitedworld.edu.in/

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