Newly Established Commercial Land for Sale in Alibag, India
For Sale: 38,200 sqft land at Alibag with fully sanctioned plan for 45 classy studios.
This transaction has concluded.
Premium Plan
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts + 1 more |
| Locations | Alibag |
| Local Time | 1:00 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
204 thousand
(Native Currency: INR 18,000,000)
Reason: Funding issue.
Includes physical assets worth
USD
204 thousand
Interested to connect with advisors
Business Overview
- Company started to work on a classy studio resort project in Alibag, which is a beachy holiday destination and is often called the mini Goa of Maharashtra. We are unable to continue the project due to funding issues and are looking to sell the land and fully sanctioned resort plan.
- Rare opportunity for the buyer, where the land is already acquired by the company, the resort plan is fully sanctioned, and the NA permissions have been acquired.
- Have a sanctioned plan for 45 studios and the land has the potential to get sanctioned for 15 additional studios.
- The sanctioned plan contains areas allocated to the gym, spa, pool, terrace restaurant, conference rooms, poolside restaurant, enclosed restaurant & parking.
- We have already completed the fencing, water well, road, gate, servant quarters, and electricity infrastructure.
- Buyer can build the resort according to his taste.
- Alibag has a shortage of rooms as per the latest media report.
- Rare opportunity for the buyer, where the land is already acquired by the company, the resort plan is fully sanctioned, and the NA permissions have been acquired.
- Have a sanctioned plan for 45 studios and the land has the potential to get sanctioned for 15 additional studios.
- The sanctioned plan contains areas allocated to the gym, spa, pool, terrace restaurant, conference rooms, poolside restaurant, enclosed restaurant & parking.
- We have already completed the fencing, water well, road, gate, servant quarters, and electricity infrastructure.
- Buyer can build the resort according to his taste.
- Alibag has a shortage of rooms as per the latest media report.
Products & Services Overview
Land with a fully sanctioned classy studio resort plan.
Assets Overview
- Land, 7 feet height compound wall of stonework 18 inches thick, water tank, well, servants' quarters, electric meter & all NA sanction building permissions & clean clear title.- The registered business entity is not a part of the sale. Ownership of the land, infrastructure, and acquired sanctions will be transferred to the buyer through a sale deed.
Facilities Overview
Own land with a total area of 38,200 sq ft. The sanctioned built-up area is 35,000 sq ft approx and additional 15,000 sq ft can be sanctioned. Currently sanctioned 3 floors & 4th floor is easily available.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysPartner, Real Estate Construction & Warehouse, Navi Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysProprietor, Pune, Commercial Real Estate Broker connected with the Business
-
Earlier than 15 daysGeneral Manager, NGO, Calgary, Individual Investor / Buyer connected with the Business
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