Commercial Land for Sale in Pathanamthitta, India
Opportunity for full land sale with 5-star hotel development interest from top brands.
| 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 | 9:47 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
930 thousand
(Native Currency: INR 82,500,000)
Reason: We are selling out to those interested in developing the land, given the EOI from 5-star hotel.
Includes physical assets worth
USD
930 thousand
Interested to connect with advisors
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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.
- We have received 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 30 to 60 crore.
- Using this investment, one can construct a 50-60 room hotel, with 2 conference halls, 2 event halls, 1 lounge, 2 restaurants, and 1 spa.
- The payback period is 7 to 12 years. ROI is a minimum of 33%, rising to 57% in 5 years.
- 2 pan-India hotel groups have already shown interest in managing the property if developed by an investor/owner.
- 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.
- We have received 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 30 to 60 crore.
- Using this investment, one can construct a 50-60 room hotel, with 2 conference halls, 2 event halls, 1 lounge, 2 restaurants, and 1 spa.
- The payback period is 7 to 12 years. ROI is a minimum of 33%, rising to 57% in 5 years.
- 2 pan-India hotel groups have already shown interest in managing the property if developed by an investor/owner.
- 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.
Assets Overview
Tangible assets include 26,000 sq. ft. land valued at INR 3,174 per sq. ft.
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.
Capitalization Overview
- Land is owned by a single party.- Land is free from any debt, lien, or disputes.
Tags:
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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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