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 | 8:08 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
580 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...
View More
Collateral Available: USD 116 thousand
Includes physical assets worth
USD
116 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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
-
1 week, 3 days agoChartered Accountant, Indore, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor contacted this Business this month.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses