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Commercial Land Assets for Sale in Chennai, India

Property that can be used for commercial/ residential construction for sale in Chennai.
This Business is on a Premium Plan
Ownership Duration 110-120 year(s)
Industries Commercial Land
Locations  Chennai
Local Time 3:51 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Asset Sale
Asking Price: USD 5.8 million (Native Currency: INR 500,000,000)
Reason: - Selling land for monetization.
- The advisor will not charge any fee from the buyer.
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Assets Description
- Property located in Chennai, offering a prime opportunity for investment.
- Extensive land area of 10 acres available for sale at INR 50 Cr in Siruseri/Pudupakka, bordering SIPCOT IT Park.
- Convenient access from SIPCOT road, estimated access cost around INR 2-3 Cr.
- Initial advance of INR 5 Cr required.
- Family-owned property with a heritage dating back to 1915, owned by a group of seven siblings.
- Sale process expected to be completed by mid-June of this year.
- Property ideally suited for IT companies, data centers, or development into plots/flats.
- All necessary licenses and permits are already secured, ensuring a smooth transaction process.
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1 Investor contacted this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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