Commercial Land for Sale in Pathanamthitta

26,000 sq. ft. land parcel that can be used for a greenfield 5-star hotel project. - The development agreement is with the selected 5-star hotel brand, with design and execution to be handled by the hotel brand. - Expressions of Interest (EOIs) have been received from multiple 5-star hotel brands to operate a hotel at this site. - The prospective buyer will require capital of INR 65 crore for 100% ownership of the project, including development and operations. - The project involves the development of a 100-key 5-star hotel with 2 conference halls, 2 event halls, 1 lounge, 2 restaurants, a spa, swimming pool, gym, and salon. - Payback in year 5. ROI is a minimum of 34%, rising to 48% in 5 years. - Project is profitable at low occupancy rate of 37%, where revenues is INR 28cr+ and EBT of 34%. - Average occupancy rates in 4/5 star hotels is at 65%, EBT rises to 45% at 65% occupancy and peaks to EBT 48% at 70% occupancy. - There is no competition from any 4-star or 5-star hotels in the entire district. The TAM consists of approximately 22 lakh tourists/locals visiting Kerala every year, while the SOM required for profitability is only around 1.5 lakh visitors annually. - The partnership firm has a registration certificate.

26,000 sq. ft. land parcel that can be used for a greenfield 5-star hotel project. - The development agreement is with the selected 5-star hotel brand, with design and execution to be handled by the hotel brand. - Expressions of Interest (EOIs) have been received from multiple 5-star hotel brands to operate a hotel at this site. - The prospective buyer will require capital of INR 65 crore for 100% ownership of the project, including development and operations. - The project involves the development of a 100-key 5-star hotel with 2 conference halls, 2 event halls, 1 lounge, 2 restaurants, a spa, swimming pool, gym, and salon. - Payback in year 5. ROI is a minimum of 34%, rising to 48% in 5 years. - Project is profitable at low occupancy rate of 37%, where revenues is INR 28cr+ and EBT of 34%. - Average occupancy rates in 4/5 star hotels is at 65%, EBT rises to 45% at 65% occupancy and peaks to EBT 48% at 70% occupancy. - There is no competition from any 4-star or 5-star hotels in the entire district. The TAM consists of approximately 22 lakh tourists/locals visiting Kerala every year, while the SOM required for profitability is only around 1.5 lakh visitors annually. - The partnership firm has a registration certificate.