Business Assets for Sale in Amritsar

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Commercial Land Assets for Sale in Amritsar, India

For Sale: 3,600 sq yard plot in Ranjit Avenue, Amritsar allotted to construct a Hotel.
- We are a real estate company looking to sell one of our client's land. - The property is located on the main road of Ranjit Avenue, Airport Road, Amritsar. - It is a rectangular plot of 32,860 Sq. Ft. which is 3,600 sq yard. - Seller of the property will get this plot approved under Punjab invest scheme in 30 to 45 days time. - The land has been approved for Hotel construction. - FAR is 1 / 3 with unlimited height subject to Airport Authority permission. 100 meters height is already approved. 1 / 4 FAR is possible after payment spread over 4 years. - Subdivision of this plot is allowed as per the regulations. - Property has been purchased in PUDA auction in Punjab. - 15% of the land amount is already paid to the government and rest 85% to be paid over 8 years at 9% per annum interest. If complete payment is made upfront 7.5% discount will be given by the Government of Punjab.
For Sale: 3,600 sq yard plot in Ranjit Avenue, Amritsar allotted to construct a Hotel.
8.4   Amritsar
Ownership Duration
1-5 year(s)
Industries
Commercial Land + 1 more
Asset Sale
INR 37 Cr
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