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Luxury Hotel Assets for Sale in Tadoba F.v., India

4-acre land and the resort design for sale.
This transaction has concluded.

Ownership Duration 40-50 year(s)
Industries Hotels + 2 more
Locations  Tadoba F.v.
Local Time 10:20 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 240 thousand (Native Currency: INR 20,000,000)
Reason: The land was purchased to build a resort, but due to lack of funds, the construction never started.
Interested to connect with advisors
Documents
Design
Assets Description

- This is an ancestral property with an area of 4 acres which was purchased to develop a resort.

- The design of the resort is ready which includes 56 cottages, 3 private pools, a big common pool, pool bar, restaurant, banquet hall, reception lobby, 2 shopping cottages, tennis court, and parking bay.

- The development of the project has not been started yet. The total project cost is around INR 30 crore.

- Only the land with the resort design is for sale with an asking price of INR 2 crore.

- The current owners have good networks and can assist the buyer with a reputed brand name for the development of the project.

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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. 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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