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Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Buildings And Improvements : ₹6,671 Mil (As of Sep. 2023)


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What is Apeejay Surrendra Park Hotels Buildings And Improvements?

Apeejay Surrendra Park Hotels's quarterly buildings and improvements increased from Sep. 2022 (₹0 Mil) to Mar. 2023 (₹6,702 Mil) but then declined from Mar. 2023 (₹6,702 Mil) to Sep. 2023 (₹6,671 Mil).

Apeejay Surrendra Park Hotels's annual buildings and improvements increased from Mar. 2021 (₹6,369 Mil) to Mar. 2022 (₹6,453 Mil) and increased from Mar. 2022 (₹6,453 Mil) to Mar. 2023 (₹6,702 Mil).

Apeejay Surrendra Park Hotels Buildings And Improvements Historical Data

The historical data trend for Apeejay Surrendra Park Hotels's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Apeejay Surrendra Park Hotels Buildings And Improvements Chart

Apeejay Surrendra Park Hotels Annual Data
Trend Mar21 Mar22 Mar23
Buildings And Improvements
6,369.00 6,453.32 6,701.62

Apeejay Surrendra Park Hotels Quarterly Data
Mar21 Mar22 Sep22 Mar23 Sep23
Buildings And Improvements 6,369.00 6,453.32 - 6,701.62 6,671.16

Apeejay Surrendra Park Hotels Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.

Apeejay Surrendra Park Hotels (NSE:PARKHOTELS) Business Description

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544111:India
Address
N80, Connaught Place, New Delhi, IND, 110001
Website
https://www.theparkhotels.com
Apeejay Surrendra Park Hotels Ltd is engaged in hotel business. It operate hotels under following four brands, namely "THE PARK, "THE PARK Collection", "Zone by The Park", "Zone Connect by The Park" and have recently launched economy motel brand, "Stop by Zone".

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