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Commercial Land Assets for Sale in Mandav, India

12 acres commercial land for sale in Mandav (world heritage site) near Indore (M. P)
This transaction has concluded.
This Business is on a Premium Plan
Ownership Duration 20-30 year(s)
Industries Commercial Land
Locations  Mandav
Local Time 1:48 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Asset Sale
Asking Price: USD 950 thousand (Native Currency: INR 85,000,000)
Reason: Need of finances for other business interests.
Interested to connect with advisors
Documents
Land Map
Area Map
News Article
Map of Mandu Fort
Land Document 1
Land Document 2
Land Document 3
Assets Description
Looking to sell 12 acres (4.85 hectares) of own land in Mandav, located near Indore (Madhya Pradesh). The city is home to Afghan architecture and is coined as a World Heritage site that has various types of tombs, palaces, and monuments. The land is identified as commercial land belonging to general category. It is a hilly countering land opposite Echo Point on the bank of Sagar Lake which is a well known tourist site in the area. Some of the infrastructure available on the land is an entrance gate, eucalyptus, teak and khirni trees, 2 built cottages, old stepwell, stop-dam with gate, water tower and 8 completed cottages plinths. The land is registered under the owner's name and the buyer would have to set up his own company to take it over for other business purposes. The land is ideal for setting up a resort or a hotel or for film production.
Recent Activity
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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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