Shopping Mall for Sale in Satara, India
Acquire a prime commercial property with 22 shops and 2 large spaces at discounted value.
| Established | 20-30 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Shopping Malls + 1 more |
| Locations | Satara |
| Local Time | 2:32 AM Asia / Kolkata |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
2.1 million
(Native Currency: INR 180,000,000)
Reason: The promoter is in urgent need of funding, and hence they are selling the property at a highly disco...
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Includes physical assets worth
USD
2.1 million
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Business Overview
- Located in the bustling area of Pawai Naka, Satara, the commercial complex spans 14,800 sq. ft. and features ample parking space of 4,000 sq. ft.
- The property includes 22 individual shops and two expansive commercial spaces, ideal for transforming into a large hospital, shopping mall, or business centers.
- Constructed 20 years ago, the complex comprises four floors, providing a versatile space for varied business operations.
- Currently vacant, with no existing rental agreements, the property offers potential tenants a blank canvas to mold according to their business needs.
- Previously rented to a prominent superstore retail brand, showcasing the site's potential for attracting established businesses.
- Available for sale at INR 18 crore, presenting a competitive investment opportunity, given the market rate of INR 32 crore.
- Despite the property being under some outstanding bank loans, all necessary No Objection Certificates (NOCs) are attainable, ensuring a smooth transaction process.
- The owner is motivated to sell, aiming to raise funds for other investment avenues, providing a lucrative opportunity for real estate investors looking for properties in commercial hubs.
- The property includes 22 individual shops and two expansive commercial spaces, ideal for transforming into a large hospital, shopping mall, or business centers.
- Constructed 20 years ago, the complex comprises four floors, providing a versatile space for varied business operations.
- Currently vacant, with no existing rental agreements, the property offers potential tenants a blank canvas to mold according to their business needs.
- Previously rented to a prominent superstore retail brand, showcasing the site's potential for attracting established businesses.
- Available for sale at INR 18 crore, presenting a competitive investment opportunity, given the market rate of INR 32 crore.
- Despite the property being under some outstanding bank loans, all necessary No Objection Certificates (NOCs) are attainable, ensuring a smooth transaction process.
- The owner is motivated to sell, aiming to raise funds for other investment avenues, providing a lucrative opportunity for real estate investors looking for properties in commercial hubs.
Products & Services Overview
The commercial property features 22 individual shops and 2 large commercial spaces, suitable for a variety of businesses. It was previously rented to a well-known superstore retail brand and currently has no tenants, offering a ready opportunity for new occupants.
Assets Overview
Tangible assets include the commercial complex and the land.The property is worth INR 32 crore and is being sold at a discounted price of INR 18 crore.
Facilities Overview
Commercial property located at Pawai Naka, Satara, near the highway, with a land area of 12,000 sq. ft. and a built-up area of 14,800 sq. ft. , including 4,000 sq. ft. of parking space. The four-floor structure comprises 22 individual shops and 2 large commercial spaces, with no existing tenants, making it ideal for new renting the space to businesses.
Capitalization Overview
The property has an outstanding bank loan of INR 2 crore and is owned by a single owner.
Recent Activity
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Earlier than 15 daysManager, Healthcare (Pharma And Hospitals), Mumbai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
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·Buy Tenanted Property in Satara, India
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