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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 Business is on a 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 7:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 240 thousand (Native Currency: INR 18,000,000)
Reason: Funding issue.
Includes physical assets worth USD 240 thousand
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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.

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.

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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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