Commercial Land for Sale in Pathanamthitta, India
Opportunity for 5-star hotel development with EOI from 2 x International Hotels.
| Established | 20-30 year(s) |
| Employees | < 2 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Commercial Land |
| Locations | Pathanamthitta |
| Local Time | 12:34 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1 million
(Native Currency: INR 90,000,000)
Reason: We are selling out to those interested in developing the land, given the EOI from 5-star hotel.
Includes physical assets worth
USD
1 million
Name, Phone, Email
Available after connect
Business Name
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User Verification
Documents
Hotel Potential
(1.5 MB)
Project Summary
(160.3 KB)
Hotel Post
(965.7 KB)
Project Construction Cost
(193.5 KB)
Market Segmentation
(185.3 KB)
Revenue Projections
(261.9 KB)
Hotel Potential Pitch
(13.7 MB)
Registered at ROF
(340.4 KB)
Business Overview
- 26,000 sq. ft. land parcel that can be used for a greenfield 5-star hotel project.
- This is a dual-purpose land that can be easily converted to commercial use.
- Currently, 23,000 sq. ft. of the land is completely barren, while 3,000 sq. ft. is covered by a small house.
- The land is free from any disputes or liens.
- Have Expression of Interest (EOI) from multiple 5-star hotels to run and operate a hotel here if a developer constructs it.
- The development budget required is INR 65 crore.
- Investment, for 1000 key 5 star hotel, with 2 conference halls, 2 event halls, 1 lounge, 2 restaurants, and 1 spa, pool, Gym, Salon.
- Payback in Year 5. ROI is a minimum of 34%, rising to 48% in 5 years.
-Project is profitable at low occupancy rate of 37%, where revenues is +28cr and EBT of 34%.
-Average occupancy rates in 4/5 star hotels is at 65%, EBT rises to 45% at 65% occupany and peaks to EBT 48% at 70% occupancy.
-No competition from any 4/5 star hotels in entire district. TAM is 22 lacs, given tourists visiting Kerala every year, while SOM needed to be profitable is 1.5 lacs per year.
- The partnership firm has a registration certificate.
- This is a dual-purpose land that can be easily converted to commercial use.
- Currently, 23,000 sq. ft. of the land is completely barren, while 3,000 sq. ft. is covered by a small house.
- The land is free from any disputes or liens.
- Have Expression of Interest (EOI) from multiple 5-star hotels to run and operate a hotel here if a developer constructs it.
- The development budget required is INR 65 crore.
- Investment, for 1000 key 5 star hotel, with 2 conference halls, 2 event halls, 1 lounge, 2 restaurants, and 1 spa, pool, Gym, Salon.
- Payback in Year 5. ROI is a minimum of 34%, rising to 48% in 5 years.
-Project is profitable at low occupancy rate of 37%, where revenues is +28cr and EBT of 34%.
-Average occupancy rates in 4/5 star hotels is at 65%, EBT rises to 45% at 65% occupany and peaks to EBT 48% at 70% occupancy.
-No competition from any 4/5 star hotels in entire district. TAM is 22 lacs, given tourists visiting Kerala every year, while SOM needed to be profitable is 1.5 lacs per year.
- The partnership firm has a registration certificate.
Products & Services Overview
No services are being provided at the moment as this is not an operational business and only a land parcel with EOI from 2 x International Hotel Groups.
Assets Overview
Tangible assets include 26,000 sq. ft. land valued at INR 3600 per sq. ft. 14% of total project cost.
Facilities Overview
- 26,000 sq. ft. of freehold land in Pathanamthitta.- The land has a small house constructed on it of 3,000 sq. ft.
- Land on main road, and connects to 2 arterial roads to escape any traffic impediments in town area.
-Scenic view of fields on one side, Scenic view of hills on other side.
Capitalization Overview
- Land is owned by a single party.- Land is free from any debt, lien, or disputes.
Recent Activity
-
Earlier than 15 daysAssociate Consultant, Professional Services, Kharagpur, Corporate Investor / Buyer connected with the Business
Tags:
Commercial Land for Sale in Pathanamthitta, India
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·Purchase Commercial Plot in Pathanamthitta, India
·Buy Commercial Land in Pathanamthitta, India
·Buy Commercial Plot in Pathanamthitta, India
·Commercial Land for Sale
·Commercial Plot for Sale
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