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

4-acre land and the resort design for sale.

Ownership Duration 40-50 year(s)
Industries Hotels + 2 more
Locations  Tadoba F.v.
Local Time 4:24 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 270 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.
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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.
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