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Rented Commercial Property Assets for Sale in Thane, India

For Sale: Real estate in the heart of Mumbai with an IOD from BMC.

Ownership Duration 1-5 year(s)
Industries Rented Commercial Properties
Locations  Thane
Local Time 4:32 PM Asia / Kolkata
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Asset Sale
Asking Price: USD 3.6 million (Native Currency: INR 300,000,000)
Reason: The owner wants to sell to fund their other projects. Note: This transaction is being represented b... View More
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Assets Description

- Commercial tenanted real estate in the Dadar area of Mumbai.

- Total land area is 800 sqm and the building has 41 tenants.

- The building has a mixed tenancy of small houses (chawl) and registered offices for companies.

- The building has a built-up area of 100 sq. m.

- Buyer gets the land, building, and an IOD from the BMC for any new constructions in the area.

- The land has not been mortgaged for any loans.

- Land and structure are owned by a single entity (builder).

- Real estate is valued at INR 3.75 lakh per sqm.

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.
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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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