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Commercial Land Assets for Sale in Mandarmani, India

57 acres open land near Mandarmani Beach close to proposed Tajpur Port available for sale.
This Business is on a Premium Plan
Ownership Duration 10-20 year(s)
Industries Commercial Land
Locations  Mandarmani
Local Time 11:09 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 8 million (Native Currency: INR 684,000,000)
Reason: The decision to sell is to facilitate succession planning as all company directors are senior citize... View More
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Assets Description
- Unique investment opportunity: 57 acres of open land available for sale near Mandarmani Beach and the proposed Tajpur Port in West Bengal.
- Strategic location: Situated near a tourist hotspot, this land offers easy access to Mandarmani Beach Road, boosting its connectivity and accessibility.
- Price advantage: The land is priced attractively at Rs 1.20 lakh per decimal, which is competitive compared to current market and government rates.
The land is being sold at a steep discount of INR 68.4 crore as the land is being sold on a bulk basis.
The land, priced attractively at INR 68.4 crore, is offered at a significant discount due to its bulk sale.
- Versatile development potential: Ideal for exporters, importers, logistics companies, resort or plot developers, given its location near a major tourist centre and an upcoming port.
- Current use and possession: Fully owned land currently used for fishery operations, though partially underutilized, presenting an opportunity for expansion or development.
- No Legal or environmental concerns: The land is free from any legal disputes or environmental issues which minimizes risks for potential investors or developers.
- Open for joint ventures: Opportunities available for collaboration with joint venture developers, particularly appealing for resort development due to Mandarmani's prominence as a sea beach tourist destination.
- Succession planning sale: The sale is motivated by succession planning, as all company directors are senior citizens, offering a timely entry point for new investors.
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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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