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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 5:40 PM Asia / Dubai
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Asset Sale
Asking Price: USD 5 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
Interested to connect with advisors
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, Valves, Delhi, Corporate Investor / Buyer connected with the Business
  • 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
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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