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Residential Real Estate for Sale in Sakleshpur, India

Selling a 1BHK ultra-luxury cottage (built-up area of 400 square feet) on 8.8 acres township.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate
Locations  Sakleshpur
Local Time 2:31 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 53 thousand (Native Currency: INR 4,500,000)
Reason: This is our core business model. We develop properties and sell them in the markets.
Includes physical assets worth USD 53 thousand
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Business Overview
- Building an 8.8 acres township with 4 star resort like facilities.
- The company has completed multiple projects including 32 unit service apartment in Bommasandra, Bangalore, 23 independent residential units in Sarjapur Road, Bangalore. Have an ongoing residential layout project in Sarjapur Road. The project is based out of Sakleshpur, a scenic town in Karnataka.
- The images on the profile are purely for representational purposes.
- The township will have over 60 cottages occupying an area of 3.3 acres out of the 8.8 acre property. Parking will be provided with each cottage.
- The remaining 5.5 acres property will have multiple resort like amenities for instance: a conventional hall, a club house, indoor games facility, outdoor games facilities and swimming pools.
- An interested investor can acquire one of these cottages for a sum amount of INR 45 lakh. We are not offering a stake in the project nor in the business. We only seek to sell one of out these 60 cottages to an interested investor.
- Each cottage have 1,200 square feet of land area with 400 square feet of built-up area. All the necessary furniture and interiors will be provided when the cottage will be handed over to an investor and is included in the selling price of INR 45 lakh. There is an option to construct dormitory type accommodation for plots with bigger sizes.
- The layout will have amenities like water supply, electricity, power back up, tar roads, street lights, entrance arch, 24*7 security, and CCTV surveillance.
- An investor could benefit from capital gain by acquiring this property. A cottage that is bought at INR 45 lakh could be sold for INR 60 lakh after a while.
- The property has already been acquired. Construction will start in 5 months and we will be ready to launch the resort in 3 years.
- Construction is being outsourced to a third-party company.
- Promoter has over 13 years of experience in this industry.
Products & Services Overview
Luxury 1 BHK cottage with modern amenities on an 8.8 acres township with multiple facilities.
Assets Overview
There are no physical assets included in this transaction besides the sale of a 1BHK ultra luxury cottage worth INR 45 lakh.
Facilities Overview
Total area of the property is 8.8 acres. Resort amenities will be developed on 5.5 acre land and the remaining 3.3 acres will be used to develop 60 individual cottages.
Capitalization Overview
Not Disclosed
Recent Activity
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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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