Resort Investment Opportunity in Gurgaon, India
|Employees||50 - 100|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 540 thousand|
|Run Rate Sales||Nil|
|EBITDA Margin||20 %|
|Local Time||7:23 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- We are into real estate land and development with a vision to develop a 100 acre multi faceted project.
- Business currently operates as a nature resort in a prized location.
- Company is registered in South Delhi but the property is located near Gurgaon.
- Strategically located within walking distance from Damdama Lake which is going to be developed as one of the largest bird sanctuaries.
- The resort has 30 keys and we were previously targeting mostly corporate clients.
- Occupancy rate prior to the current global situation was around 60-65% but is functioning minimally now as we are moving towards it being a wellness resort.
- Promoter owns another 50 acres between Gurgaon and Sohna next to Taj Gateway resort. Promoter gave an additional 20 acres to promoters of Taj resort at Damdama Lake.
- The site has the highest table of sweet water due to the lake's proximity.
- Mumbai expressway is under construction only 1 Km away and expected to be completed by next year.
- Total driving distance as of now from the heart of Gurgaon is 35 min which will be reduced to 20 min once the expressway is operational.
- The land prices are the best in the region and major schools and universities operate in the area.
- Massive township with major real estate investment from the best of real estate companies coming up in the area.
- Promoters have over 35 years of experience in land development and landscaping.
- We hope to have the wellness resort developed within 6 months. The habitat living and retirement center is expected to be operational within 18 months.
30 key nature resort facility in operation catering to the people of NCR.
Main physical assets are land under promoter name, building and infrastructure.
Resort is spread over 10 acres of land and there is additional 50 acres of land. Land is in promoter's name but they are looking at restructuring it.
2 weeks, 1 day agoFounder & CEO, Chennai, M&A Advisor connected with this business
Earlier than 15 daysIndependent Advisor, Chennai, Financial Consultant connected with this business
Earlier than 15 daysManager, Steel Processing, Rourkela, Individual Investor / Buyer connected with this business