Resort Assets for Sale in Aurangabad, India
Running resort property with 22 beds available for sale in Aurangabad, Maharashtra.
| Ownership Duration | 5-10 year(s) |
| Industries | Resorts |
| Locations | Aurangabad |
| Local Time | 10:29 PM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Moderately Active |
Asset Sale
Asking Price:
USD
880 thousand
(Native Currency: INR 75,000,000)
Reason: - Owner is migrating abroad.
- Business is represented by an advisor and they will charge 3% commis...
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Interested to connect with advisors
Assets Description
- Running resort property in a hill station point near Ellora Caves which is one of the well known tourist destinations.
- Property has excellent hill top & sunset point view near Balaji temple.
- Ellora Caves is a UNESCO World Heritage Site located in the Aurangabad district of Maharashtra, India. It is one of the largest rock-cut Hindu Temples, Buddhist Viharas and Jain temples cave complexes in the world, with artwork dating from the period 600–1000 CE.
- Commercial Resort Property Details*
- Plot Area - 65,660 sq. ft. (61 R) non agricultural land fully developed.
- Buildup area is 15,000 sq. ft. RCC and 7,000 sq. ft. covered area.
- Total of 22 spacious rooms with double beds, TV & AC, 50,000 litres of underground water storage, 25,000 overhead storage, borewell water, 3 solar water heating systems installed on the rooftop, electric geyser, and air conditioning installed in every room.
- Grand reception and lobby area with vitrified tiles flooring.
- 200+ pax conference hall with AC.
- 50+ pax dining & 50+ pax restaurant and bar space with all tablets and chairs, spa, jacuzzi bath, open landscape garden area, with pet ducks and love birds, party DJ system, sports rooms, gym room & kids play area.
- On the main road with a gated boundary wall.
- Ample open space with outdoor walk-way pavement area and huge sit-out space with landscape garden.
- Fully grown trees and beautification all around.
- Swimming pool, rain dance area and poolside mini bar area, big party/event area. Full working two kitchen setup.
- Canopy sit-out area, grand open terrace with 360° scenic views, multiple car parking spaces, outdoor game zone space.
- CCTV cameras with monitor and WiFi connectivity.
- Additional provision for expansion with non-agricultural 65,660 sq. ft. (61 R) area available, can be developed for any commercial usage.
- Yielding an income of up to INR 1.5 cr. per annum.
- Market value of the property is much higher but selling at INR 7.5 cr due to distress.
- ROI is up to 20%.
- Property is owned by an individual.
- Property has some bank loan and it will be cleared before the sale.
- Owner is also open to renting the property for INR 3.8 lakhs per month & security deposit of 1 year's rent with a 12% rent escalation every year.
- Property has excellent hill top & sunset point view near Balaji temple.
- Ellora Caves is a UNESCO World Heritage Site located in the Aurangabad district of Maharashtra, India. It is one of the largest rock-cut Hindu Temples, Buddhist Viharas and Jain temples cave complexes in the world, with artwork dating from the period 600–1000 CE.
- Commercial Resort Property Details*
- Plot Area - 65,660 sq. ft. (61 R) non agricultural land fully developed.
- Buildup area is 15,000 sq. ft. RCC and 7,000 sq. ft. covered area.
- Total of 22 spacious rooms with double beds, TV & AC, 50,000 litres of underground water storage, 25,000 overhead storage, borewell water, 3 solar water heating systems installed on the rooftop, electric geyser, and air conditioning installed in every room.
- Grand reception and lobby area with vitrified tiles flooring.
- 200+ pax conference hall with AC.
- 50+ pax dining & 50+ pax restaurant and bar space with all tablets and chairs, spa, jacuzzi bath, open landscape garden area, with pet ducks and love birds, party DJ system, sports rooms, gym room & kids play area.
- On the main road with a gated boundary wall.
- Ample open space with outdoor walk-way pavement area and huge sit-out space with landscape garden.
- Fully grown trees and beautification all around.
- Swimming pool, rain dance area and poolside mini bar area, big party/event area. Full working two kitchen setup.
- Canopy sit-out area, grand open terrace with 360° scenic views, multiple car parking spaces, outdoor game zone space.
- CCTV cameras with monitor and WiFi connectivity.
- Additional provision for expansion with non-agricultural 65,660 sq. ft. (61 R) area available, can be developed for any commercial usage.
- Yielding an income of up to INR 1.5 cr. per annum.
- Market value of the property is much higher but selling at INR 7.5 cr due to distress.
- ROI is up to 20%.
- Property is owned by an individual.
- Property has some bank loan and it will be cleared before the sale.
- Owner is also open to renting the property for INR 3.8 lakhs per month & security deposit of 1 year's rent with a 12% rent escalation every year.
Recent Activity
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Earlier than 15 daysDirector, Engineering And Switchboards Manufacturer, Navi Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder, Travel, Kolkata, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Builders, Mumbai, Individual Investor / Buyer connected with the Business
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