Need help?

Resort Assets for Sale in Kumarakom, India

For Sale: Luxury resort located in the famous backwaters of Kumarakom in Kerala.

Ownership Duration 20-30 year(s)
Industries Resorts + 1 more
Locations  Kumarakom
Local Time 3:47 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Asset Sale
Asking Price: USD 9 million (Native Currency: INR 700,000,000)
Reason: The owner wants to focus on his other ventures and recoup his investment by selling this asset.
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Assets Description

- We want to sell our luxury resort located in the famous backwaters of Kumarakom in Kerala.

- The resort is currently non-operational. It is spread across an area of 14.5 acres.

- The property was given on lease to Mahindra Holidays & Resorts India Limited for the last eight years. The lease period is now over.

- Our company possess the ownership of the entire land and build-up area of the resort.

- This transaction only includes the sale of the resort and its entire built-up area as an asset. Our business entity is not a part of the transaction. The facility can used and converted at the convenience of the potential buyer.

- The resort is equipped with 28 fully finished cottages, air conditioned restaurants, conference hall for 200 people, swimming pool, children’s play area, snooker room, gymnasium, badminton court, basketball court along with spa, Ayurveda, fishing, boat rides and other activities.

- The facility is equipped with a well functioning sewage, electricity and water systems.

Recent Activity
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.
Contact 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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more