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Commercial Land Investment Opportunity in Velim, India

Established group owning a sea facing property at Velim, South Goa is interested in a joint venture.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts + 1 more
Locations  Velim
Local Time 1:42 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
INR 16 crore for 50.0% stake (Native Currency: INR 160,000,000)
Reason: We are looking for joint venture for resort development.
Includes physical assets worth INR 32 crore
Interested to connect with advisors
Documents
Index Form
Land Details
GST Certificate
Business Overview
- Our group is engaged in Environmentally friendly-Tourist Adventures, Locally grown Farm, Real Estate, Argo Tourism.
- Now we are planning to construct a resort on 32,000 Sq Mt land.
- We are in search of partner for resort development.
- It is situated just 250 meters from Betul Lighthouse, 2 km from Betul Beach, 16 km from Margao Railway Station and 20 km from Agonda Beach.
- After we receive the funds, it would take 2 years to complete the project.
- Our assets include website, domain, land.
- Promoter has more than 10 years of experience in construction field.
Products & Services Overview
Resort development project with all physical amenities.
Facilities Overview
Owned 32,000 Sq Mt land. We have approval to construct on 12,000 Sq Mt.
Capitalization Overview
Not Disclosed
Recent Activity
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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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