Resort Seeking Loan in Shimla, India

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

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
9:54 AM New Delhi
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 660 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 1.3 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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
Recent Activity
  • Earlier than 15 days
    Independent Consultant, Gurgaon, Financial Advisor connected with this business
  • Earlier than 15 days
    Director, Delhi, Financial Advisor connected with this business
  • Earlier than 15 days
    GM, Andhra Pradesh, Financial Advisor connected with this business
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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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