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Commercial Land for Sale in Sriperumbudur, India

Acquire large land parcel for institutional development near Chennai-Bangalore Highway.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Commercial Land
Locations  Sriperumbudur
Local Time 12:20 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 23 million (Native Currency: INR 2,200,000,000)
Reason: The property is currently not in use, and the trust is therefore looking to sell it.
Includes physical assets worth USD 23 million
Business Overview
- The business is a vacant property holding with a large land parcel and existing building.
- The property is located along the Chennai-Bangalore Highway near an industrial belt.
- The property is currently not generating revenue because it is vacant.
- Land registration documents are available.
- The property can be considered by organizations seeking to establish a school, hospital, or other institutional facility.
Products & Services Overview
The business currently does not offer any products or services because the property is vacant and not operational. The property is suitable for businesses, educational institutions, hospitals, trusts, or other organizations seeking a large development site. The buyer can utilize the existing building and land for their intended institutional or commercial purpose.
Assets Overview
Tangible assets:
The buyer will acquire 20 acres of land and the existing 1 lakh sq. ft. three-storey building constructed on the property.
Intangible assets:
The buyer will receive the available land registration documents and associated property documentation.
Facilities Overview
The property comprises 20 acres of land with a 1 lakh sq. ft. three-storey building. It is located along the Chennai-Bangalore Highway near an industrial belt. The property is currently vacant and is owned by a trust. There are no rental or lease arrangements associated with the property.
Capitalization Overview
The property is funded by the owner and has no outstanding loans or debts. There are two trustees associated with the business. The ownership percentage of each trustee has not been provided.
Recent Activity
  • 2 weeks ago
    Independent Advisor, Chennai, Commercial Real Estate Broker connected with the Business
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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