Newly Established Banquet Hall Equity Stake For Sale in Vasanthapuram, India

The planned project will offer hotel accommodation for 100+ guests, a 500-person wedding and function hall, restaurant dining, and EV charging facilities. The hotel will cater to travellers and guests seeking accommodation, while the function hall will serve customers hosting weddings, celebrations and other events. The restaurant will cater to hotel guests, travellers and other visitors, and the EV charging station will serve electric vehicle owners travelling along the highway. The promoter currently owns a roadside land parcel with approximately 85 ft highway frontage and 400 ft depth, valued at approximately INR 2 crore. The hotel, function hall, restaurant and EV charging station are proposed to be developed on the land. The business owns a highway-facing land parcel of approximately 37,000 sq. ft. , with around 85 ft. of frontage along the road and approximately 400 ft. of depth. The property is planned to be developed with approximately 20,000 sq. ft. of built-up area, featuring a three-floor hotel, EV charging station with multiple charging bays, and landscaped parking and approach areas. The ground floor is planned with a reception/lobby, restaurant, kitchen, store, office and toilets; the first floor will include a wedding/function hall, pantry, toilets and balcony; and the second floor will comprise guest rooms. Currently promoter-funded through owned land; no outstanding loans or debts reported. Business entity not yet formed and ownership presently rests solely with the promoter.