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Residential Real Estate Construction Business Assets for Sale in Noida, India

Developer looking to disinvest promoter quota units in Delhi NCR covering 1,00,000 sq. ft.
This Business is on a Premium Plan
Ownership Duration 20-30 year(s)
Industries Residential Real Estate Construction
Locations  Noida
Local Time 7:01 PM Asia / Dubai
Listed By Advisor / Business Broker
Status Active
Overall Rating
Asset Sale
Asking Price: USD 5.4 million (Native Currency: INR 430,000,000)
Reason: All the property is owned by the company and the promoter wants to sell these quota units as they ar... View More
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Assets Description

- Real estate development company with accumulated promoter quota units covering a total area of 1,00,000 sq. ft.

- The company and its promoter are looking to disinvest up to 1,00,000 sq. ft. worth of residential apartments under the promoter quota, with investment secured through the registry of ready-to-move residential apartments.

- Current average market retail rate is INR 5,900/sq. ft. while the current registry rate is INR 4,400/sq. ft.

- The units consist of multiple 1,800+ sq. ft. 3BHK, 2,100+ sq. ft. 4BHK, 2,300+ sq. ft. 2,500+ sq. ft. and a 2,800+ sq. ft. 4BHK + additional room + study.

- Detailed inventory.

• 18 x 1800+sq. ft. apartments.

• 12 x 2100+sq. ft. apartments.

• 20 x 2300+sqf. t. apartments.

• 12 x of 2500+ sq. ft. apartments.

- The buyer gets 62 units in total.

- The current average rental rate of the entire 1 lakh sq. ft. is estimated at INR 18/sq. ft.

- No disputes or loans are attached to these properties.

- The property is owned by the company and the promoter wants to sell the quota units as they are relocating.

- This transaction is being handled by an advisory based in Dubai.

Recent Activity
  • Earlier than 15 days
    Director, Noida, Commercial Real Estate Broker connected with the Business
  • Earlier than 15 days
    Proprietor, Kolkata, Commercial Real Estate Broker connected with the Business
  • Earlier than 15 days
    Partner, Investment, Mumbai, Corporate Investor / Buyer connected with the Business
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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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