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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Nil
Industries
Locations
Local Time
1:50 AM Pune
Listed By
Advisor / Business Broker
Status
Active
Overall Rating
Full Sale
Asking Price: USD 5.6 million (Native Currency: INR 420,000,000)
Reason: Developer does not have the required funding to continue the project.
Includes physical assets worth USD 7 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
Recent Activity
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This transaction has concluded. 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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