In India, the price of constructing a theme park can range from 500 million to 10 billion rupees. Depending on the size of the park and the quantity of attractions, the price may change. Adlabs Imagica, a well-known theme park in Maharashtra, for instance, cost about INR 16 billion to construct.
Peppa Pig World is situated in the UK in relation to this. It is a theme park based on the well-known kids’ program Peppa Pig. The park offers a number of entertainment options based on the program, including George’s Dinosaur Adventure and Peppa’s Big Balloon Ride.
Various funding sources, including banks, private investors, and government subsidies, are available to amusement parks. Theme parks frequently receive their principal funding from private investors. Banks provide money to theme parks, but they need a lot of security as collateral. Theme parks can also apply for government funding, but they are frequently scarce and subject to intense competition.
The high expense of the attractions, the equipment, and the people make theme parks expensive to construct and maintain. For instance, the price to construct a roller coaster can be anything between INR 200 million and INR 1 billion. The expense of running a theme park is extremely significant because you have to pay employees, keep up the attractions, and buy supplies.
Taking everything into account, Walt Disney World Resort, which is located in Florida, USA, is the largest theme park in the world. It has four theme parks, two water parks, and a number of other attractions spread across 25,000 acres. Walt Disney World Resort was constructed for about USD 1.4 billion.
In conclusion, it will cost a lot of money to develop a theme park in India. The price can change depending on a number of variables, including the location, size, and quantity of attractions. The high expense of the attractions, the equipment, and the people make theme parks expensive to construct and maintain. If managed properly, they can be a profitable endeavor.