Newly Established Resort Seeking Loan in Dhar, India
Proposed development of a serene, vegetarian, non-alcoholic resort for pilgrims near a historic temple.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Other |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Dhar |
| Local Time | 9:42 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
550 thousand
for
15.0%
annual interest,
10
years
(Native Currency: INR 50,000,000)
Reason: Promoter seeks funding to initiate resort construction. 1 hectare of land valued at INR 1 crore is a...
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Collateral Available: USD 110 thousand
Includes physical assets worth
USD
110 thousand
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Business Overview
- Proposed development of a tranquil, vegetarian, and alcohol-free resort designed to serve pilgrims visiting the historic Bilwamrateshwar Mahadev temple located on an island along the Narmada River, known for its mythological significance from the Pandava era.
- The promoter has purchased this land under his private limited entity.
- Operations are expected to commence within one year of funding.
- The resort will cater primarily to religious travelers and families seeking peace, nature, and cultural immersion.
- Boat access to the temple will be offered as a value-added activity for guests and pilgrims.
- Targeting collaboration with Madhya Pradesh tourism to boost visibility and infrastructural support.
- Projected monthly revenue of INR 15 lakh post-launch based on seasonal demand and pilgrim traffic.
- Estimated staffing requirement: up to 20 employees at full operation.
- The promoter has purchased this land under his private limited entity.
- Operations are expected to commence within one year of funding.
- The resort will cater primarily to religious travelers and families seeking peace, nature, and cultural immersion.
- Boat access to the temple will be offered as a value-added activity for guests and pilgrims.
- Targeting collaboration with Madhya Pradesh tourism to boost visibility and infrastructural support.
- Projected monthly revenue of INR 15 lakh post-launch based on seasonal demand and pilgrim traffic.
- Estimated staffing requirement: up to 20 employees at full operation.
Products & Services Overview
Proposed retreat under development for temple pilgrims and spiritual tourists, with amenities including comfortable lodging, vegetarian dining, and river access to the Bilwamrateshwar Mahadev temple.
Assets Overview
Tangible assets: Land worth INR 1 crore.The business has no intangible assets.
Facilities Overview
The site spans 1 hectare of owned land. The promoter has planned a built-up area of approx 1,00,000 sq. ft, featuring 10–25 guest rooms, a swimming pool, a landscaped garden, and an in-house vegetarian restaurant.
Capitalization Overview
The promoter has bought the land and is seeking a loan to build the resort.
Recent Activity
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Earlier than 15 daysChartered Accountant, Indore, Financial Consultant connected with the Business
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