Hotel Investment Opportunity in Ayodhya, India
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Other |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Hotels |
Locations | Ayodhya |
Local Time | 12:37 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- 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.
Have plans to develop a 4-star hotel with 100 rooms in Ayodhya.
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.
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.
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2 days, 14 hours agoHotel Manager, Hotel, Kathmandu, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Kolkata, Business Broker connected with the Business
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Earlier than 15 daysDirector, IT Services, New Delhi, Corporate Investor / Buyer connected with the Business