Newly Established Hotel Investment Opportunity in Ayodhya, India

Seeking investment to purchase land and develop a 4-star hotel in Ayodhya.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Ayodhya
Local Time 4:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 5 million for 80.0% stake (Native Currency: INR 360,000,000)
Reason: The money will go to secure the land and will help with construction.
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Hotel Project Plan
Business Overview

- Planning to develop a 4-star hotel in Ayodhya. This hotel will be located in one of the most sought after city in India, in 3 years' time. Ayodhya is undergoing a massive transformation. Besides the Ram mandir, a new airport, a new train station and new roads are being built. With a projection of 1 lakh devotees visiting Ram Madir each year, the possibilities are endless.

- We have spotted an ideal location on the national highway which is around 1 km away from the temple construction site. We are looking to secure 2 acres of land to construct the hotel with 100 rooms. This project is still in its infancy and will only take a proper shape after the investment is secured. A rough estimate of the project is INR 40 cr. The land cost will be INR 4 cr and construction will be around INR 36 cr.

- After starting the project the hotel will be registered as a separate legal entity and the equity will be given in that project.

- Promoter will be managing the project from start to finish. He has been managing a 160 plots project in Melbourne (AUS) and has managed smaller projects in India.

- Already in talks with some big brand hotel chains including Accor Group. The big hotel chains usually only manage the hotel on a profit share model.

Products & Services Overview

Have plans to develop a 4-star hotel with 100 rooms in Ayodhya.

Assets Overview

Company will own all of the full assets including the land and the building. The third-party will only be managing the daily operations of the hotel.

Facilities Overview

We have identified an ideal 2-acre land which is close to the new Ayodhya temple. Once we receive funds we will purchase the land.

Recent Activity
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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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