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Commercial Real Estate Assets for Rent in Kashele, India

Partially developed resort with 2.5-acre leased agricultural land Neral-Kashele Road, ideal for hospitality ventures.

Ownership Duration 1-5 year(s)
Industries Resorts + 1 more
Locations  Kashele
Local Time 4:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Monthly Rent
Asking Price: USD 2.13 thousand (Native Currency: INR 200,000)
Reason: Owner wants to rent out the property due to funding issues.
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Assets Description
- 2.5-acre agricultural land property located on Neral-Kashele Road, suitable for resort or hospitality projects.
- The land is held under a 99-year lease agreement, and the proposed sublease term is 3–5 years, subject to the applicable lease terms and permissions. The promoter is looking to sub-let the property due to funding constraints.
- The property is partially developed, with approximately 50% of the resort construction completed.
- The rooms have completed plastering and are designed to accommodate approximately 30–40 guests.
- A kitchen and hall are also constructed, with plastering completed, but the facilities are not fully furnished.
- The property features a beautiful garden and fruit-bearing trees, creating a suitable setting for a resort or hospitality business.
- It is conveniently located approximately 3 km from Kashele market, 8 km from Neral railway station, and 13–14 km from Matheran hill station, with easy access from the main road.
- The proposed lease rent is INR 2 lakh per month, with a lease term agreement of 3–5 years.
- The estimated value of the constructed portion is INR 70–80 lakh, offering an opportunity for investors to complete the remaining development and establish a hospitality business.
- All industry-specific permits and registrations can be obtained by the investor.
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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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