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Commercial Land for Sale in Murbad, India

For sale: 52 acre land in Murbad with Government approval of 260 plots / 40 bungalows.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees < 2
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Commercial Land
Locations  Murbad
Local Time 2:27 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 5 million (Native Currency: INR 420,000,000)
Reason: Developer does not have the required funding to continue the project.
Includes physical assets worth USD 6 million
Documents
Business Overview

- A 52 acre commercial land located in Murbad district nearby Igatpuri.

- Land is close to a main road.

- Property has Maharashtra Govt approval to construct 260 plot / 40 bungalows but extension and renewal is pending.

- Total area of the approved project is 2.2 lakh sqm.

- Govt valuation of the property is around INR 52 crore.

- Property is 100% non-agricultural land.

- We are selling the land since the developer does not have the required funding to continue the project.

Products & Services Overview

52 acre commercial land with approval from government to construct 260 plots with 40 bungalows initially. Extended renewal approval is still pending.

Facilities Overview

52 acres of land at Murbad near by Igatpuri having 2.2 lakh sqm construction area.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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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