Newly Established Shopping Mall for Sale in Morinda, India
Acquire land for construction of 27,350 sqft shopping arcade/hub at heart of Morinda City Centre.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Shopping Malls + 1 more |
| Locations | Morinda |
| Local Time | 6:53 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.9 million
(Native Currency: INR 180,000,000)
Reason: Owner wishes to sell and relocate overseas.
Includes physical assets worth
USD
1.9 million
Interested in connecting with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Fard - Ownership Proof
(510.6 KB)
Takseem Paper
(171.6 KB)
Business Overview
- Located in the bustling heart of Morinda City Centre, this 69 biswa (~6 Kanal) land is primed for a shopping arcade or hub.
- The property features an impressive 250 ft of frontage, making it highly visible and accessible for foot traffic.
- Currently, the site is undergoing a transition from a movie theatre, with plans to construct a modern shopping center.
- The proposed layout includes 26 business units, featuring 12 double-height showrooms on the ground floor and 12 more on the first floor.
- There will also be two spacious open-air restaurants on the terrace, each covering 5,200 sq ft, perfect for dining and leisure.
- The construction plan is awaiting approval, which is expected in about 40-60 days, offering a quick start for prospective buyers.
- Revenue can be generated through both leasing and sales, catering to a diverse range of tenants.
- Situated just 30 KM from Chandigarh, the location benefits from the new master plan of Mohali, promising growth and opportunity.
- Construction will have to be carried out by the buyer.
- The property features an impressive 250 ft of frontage, making it highly visible and accessible for foot traffic.
- Currently, the site is undergoing a transition from a movie theatre, with plans to construct a modern shopping center.
- The proposed layout includes 26 business units, featuring 12 double-height showrooms on the ground floor and 12 more on the first floor.
- There will also be two spacious open-air restaurants on the terrace, each covering 5,200 sq ft, perfect for dining and leisure.
- The construction plan is awaiting approval, which is expected in about 40-60 days, offering a quick start for prospective buyers.
- Revenue can be generated through both leasing and sales, catering to a diverse range of tenants.
- Situated just 30 KM from Chandigarh, the location benefits from the new master plan of Mohali, promising growth and opportunity.
- Construction will have to be carried out by the buyer.
Products & Services Overview
The business has closed prior operations as a movie theatre and the property is being dismantled. The buyer gets an opportunity to construct a shopping arcade/hub at heart of Morinda City Centre with 250 ft frontage, double height showrooms, which is 30 KM from Chandigarh, Border with New Master Plan of Mohali, 6 Kanal Land.
Assets Overview
Tangible assets include 69 biswa (~6 Kanal) land at City Centre with 250ft frontage valued at INR 18 crore.Intangible asset include the construction plan, approval (pending), and the brand trademark (under registration process)
Facilities Overview
Own 69 biswa land at heart of Morinda City Centre.The planned facilities feature 26 business units, with 12 on the ground floor offering double-height spaces, 12 on the first floor, and two open-air restaurant spaces of 5,200 square feet each on the top terrace.
Capitalization Overview
Presently land is purchased on the owner's name and for construction banking sector is being contacted already. The business is sole proprietorship and there are no debts or liabilities.
Recent Activity
-
M&A Associate Partner, Pune, M&A Advisor connected with the Business
-
Merger And Acquisition Specialist, Alliance & Outsourcing, Delhi, M&A Advisor connected with the Business
-
Independent Advisor, Ludhiana, Financial Consultant connected with the Business
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