↩ Go Back
Need help?

Resort Seeking Loan in Shimla, India

Planning to build a resort in Kufri on a 33 bighas (7 acres) of land.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Shimla
Local Time 2:02 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 600 thousand for 10.0% annual interest, 5 years (Native Currency: INR 50,000,000)
Reason: To make approach road on site.
Collateral Available: USD 0
Includes physical assets worth USD 1.2 million
Documents
Business Overview

- We have a land of 18 bighas in New Kufri, Shimla where we are planning to build a resort.

- We have the complete project plan along with the estimated financials.

- Resort will be easily accessible from various adventure spots of the region – i. e. the ski slopes of Kufri, a mere stone’s throw away, the white waters rapids of Tattapani.

- Resort will have 24 exclusive rooms, 18 deluxe cottages and 08 family suites. All the rooms will be valley facing.

- We will also have a multipurpose banquet hall for 500 people along with a multi cuisine food court.

Products & Services Overview

Resort & Club, Banquet Hall, Food court.

Facilities Overview

Individual cottages G+1 surrounded with lush green landscape.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Independent Consultant, Gurgaon, Financial Advisor connected with the Business
  • Earlier than 15 days
    Independent Advisor, Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    GM, Andhra Pradesh connected with the 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. 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.
This transaction has concluded. View similar business opportunities on SMERGERS
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.

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