Residential Real Estate for Sale in Ghaziabad, India

Under construction 31 acre township Group Housing Project available for takeover in Ghaziabad.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 27 million
Run Rate Sales USD 270 million
EBITDA Margin 30 %
Industries Real Estate Construction + 1 more
Locations  Delhi + 1 more
Local Time 1:14 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 80 million (Native Currency: INR 6,000,000,000)
Reason: Current developers are unable to complete the project and also want to exit.
Includes physical assets worth USD 110 million
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Project Summary
Business Overview

We are land owners and wish to sell the land and project in bulk to new developer. Area 31 acres and build-able area 50 Lac sq feet. Current developers are unable to complete the project and also want to exit. At present, there are 10 Towers superstructure built up to, 9 to 12 stories at various stages. The project is situated within Ghaziabad municipal limit and is in the national capital region, and very close to the main road.

We are offering to sell project and land at half the prevailing land price to any new interested developer. A new developer to take over the project rights and pay us very reasonable amount for the land value of 950 Cr. Due to increase in FAR upto 3.75, this project has become highly viable and profitable.

Products & Services Overview

Residential property.

Plus 5% commercial area allowed.

And 2 plots of primary school, clubhouse.

Facilities Overview

Valuation: 31 acres = 132,000 Sq. Mtr (160,000Sq Yards)

Buildable Area 50,00,000 Sq. feet (50 Lac Sq feet) of 3.75 FAR / FSI.

Land Sector Rate: 65,000 Rs / SqMtr.

Land Value: 950 Cr (132,000 Sq. mtrs x 85,000 Rs / Sq. Mtr Sector rate)

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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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