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Project management
COMPANY PROFILE
• Adlabs Imagica is the flagship venture of Adlabs Entertainment Limited (AEL)
• AEL is promoted by Mr. Manmohan Shetty
• It is well-known as the founder of Adlabs Films Limited (now known as Reliance Media works Ltd)
• He had nurtured a vision of creating a landmark entertainment destination in the country
• Conception of project in 2007 with formation of parent holding company Thrill Park Limited
• AEL was incorporated as in January 2010
Adlabs tested the concept
• It found people were willing to pay more than Rs 1,000 for visit to theme park
• That is when the business plan settled on 3-3.5 million visitors at Rs 1,000
• Entertainment, fun, action, relaxation, dining, shopping and accommodation at a single location
Purpose
• Vision to incorporate vision to set up India’s largest entertainment theme park near Mumbai
• To bring alive a concept which didn’t existed in India nor Asia before
• Establish tourist attraction of international standard
• Adlabs Imagica is India's first and only International standard Theme Park, water retail, entertainment,
dining and shopping at a single location for entire family
• Utilising opportunity-According to a PricewaterhouseCoopers report, Asian theme park while
spending rose from $6.4 billion in 2007 to $8.4 billion in 2012
Initiated cost
• The park has taken five years and Rs 1,650 crore (Rs 16.50 billion) of capital in the making
• Shetty reckons Adlabs Imagica will make 75-80 per cent of its revenue from ticket sales
• The company has raised Rs 150 crore from private equity firm, ICICI Ventures
• The project, estimated to cost Rs 1,200 crore, has been developed over 300 acre
• Yes Bank was the financial advisor to the deal
• Centrum Capital acted as a strategic advisor to the company
Imagica Partners
• RAXA Techno Security Services (GMR Group)
• Construction Management & Development (USA)
• SILA Connect
Contractors
Project details
Adlabs Entertainment Limited
• Six years since project was first conceptualized, Adlabs Imagica,
• Positioned as South Asia's largest amusement theme park
• Renewed ISO 9001:2008 certification for Facility and Project Management
• Only 110 acres used for the rides & 300-room hotel
• 21 tourist attractions & sophisticated technologies- 4D simulation technology
• Revenue Growth – 105% YoY
• 95% Contract retention rate
• Crossed 3 million square feet of property under management
Problems
• Difficulties in land acquisition
• Funds - Media fund stated AEL as real estate company and real estate fund stated it as media co.
• Labour issue – domain expertise
• Ticket price – twice as compared to essel world
• 2 injured as roller coaster ride tilts in February 2014
Unique Features
• Themed attractions
• Area design
• Landscaping
• Themed dinning and retail
• Signage
• Ambient music
• Character design & Props
• Building facades
• Interactive installations
• Merchandise
On Visiting
Features
21 Attractions Of International Theme Park
• India’s Largest Roller Coasters
• Family Roller Coaster
• Dark Rides
• Pre Historic boat Ride
• 4D Stimulation Ride
• Kids Ride
• Musical Rides
Project management
Project management
Project management
Project management
Project management
Project management
Project management

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Project management

  • 2.
  • 3. COMPANY PROFILE • Adlabs Imagica is the flagship venture of Adlabs Entertainment Limited (AEL) • AEL is promoted by Mr. Manmohan Shetty • It is well-known as the founder of Adlabs Films Limited (now known as Reliance Media works Ltd) • He had nurtured a vision of creating a landmark entertainment destination in the country • Conception of project in 2007 with formation of parent holding company Thrill Park Limited • AEL was incorporated as in January 2010
  • 4. Adlabs tested the concept • It found people were willing to pay more than Rs 1,000 for visit to theme park • That is when the business plan settled on 3-3.5 million visitors at Rs 1,000 • Entertainment, fun, action, relaxation, dining, shopping and accommodation at a single location
  • 5. Purpose • Vision to incorporate vision to set up India’s largest entertainment theme park near Mumbai • To bring alive a concept which didn’t existed in India nor Asia before • Establish tourist attraction of international standard • Adlabs Imagica is India's first and only International standard Theme Park, water retail, entertainment, dining and shopping at a single location for entire family • Utilising opportunity-According to a PricewaterhouseCoopers report, Asian theme park while spending rose from $6.4 billion in 2007 to $8.4 billion in 2012
  • 6.
  • 7. Initiated cost • The park has taken five years and Rs 1,650 crore (Rs 16.50 billion) of capital in the making • Shetty reckons Adlabs Imagica will make 75-80 per cent of its revenue from ticket sales • The company has raised Rs 150 crore from private equity firm, ICICI Ventures • The project, estimated to cost Rs 1,200 crore, has been developed over 300 acre • Yes Bank was the financial advisor to the deal • Centrum Capital acted as a strategic advisor to the company
  • 8. Imagica Partners • RAXA Techno Security Services (GMR Group) • Construction Management & Development (USA) • SILA Connect
  • 10. Project details Adlabs Entertainment Limited • Six years since project was first conceptualized, Adlabs Imagica, • Positioned as South Asia's largest amusement theme park • Renewed ISO 9001:2008 certification for Facility and Project Management • Only 110 acres used for the rides & 300-room hotel • 21 tourist attractions & sophisticated technologies- 4D simulation technology • Revenue Growth – 105% YoY • 95% Contract retention rate • Crossed 3 million square feet of property under management
  • 11. Problems • Difficulties in land acquisition • Funds - Media fund stated AEL as real estate company and real estate fund stated it as media co. • Labour issue – domain expertise • Ticket price – twice as compared to essel world • 2 injured as roller coaster ride tilts in February 2014
  • 12. Unique Features • Themed attractions • Area design • Landscaping • Themed dinning and retail • Signage • Ambient music • Character design & Props • Building facades • Interactive installations • Merchandise
  • 15.
  • 16.
  • 17. 21 Attractions Of International Theme Park • India’s Largest Roller Coasters • Family Roller Coaster • Dark Rides • Pre Historic boat Ride • 4D Stimulation Ride • Kids Ride • Musical Rides