Hotels Seeking Loan in Jaigad

Located in Jaigad, Ratnagiri, the business operates a small lodge featuring 10 rooms, currently the only accommodation facility in the area. - Strategically situated near 2–4 major industrial establishments, including JSW and a local shipyard, catering primarily to industrial workers and employees who require accommodation. The lodge remains mostly fully occupied due to consistent demand. - The existing property comprises budget-friendly rooms with basic amenities, constructed with sheet roofing, catering primarily to workers and long-term guests. - There is significant potential to upgrade the existing accommodation business into a premium hotel with modern amenities, including air-conditioned rooms, laundry services, and restaurant facilities, targeting business travellers, senior corporate professionals, and international visitors. - The promoter additionally owns 5–6 guntas of land in Jaigad, which can be utilised to construct a G+2 hotel with approximately 10 modern rooms. - The proposed hotel is expected to generate approximately INR 15,000 in daily revenue, translating to around INR 4.5 lakh in monthly revenue. - The business previously operated a small-scale dhaba (roadside eatery) within the premises, which has been closed for the past few years but offers potential for revival. - The business holds GST registration, and property ownership documents are in place, providing a foundation for future expansion.

Located in Jaigad, Ratnagiri, the business operates a small lodge featuring 10 rooms, currently the only accommodation facility in the area. - Strategically situated near 2–4 major industrial establishments, including JSW and a local shipyard, catering primarily to industrial workers and employees who require accommodation. The lodge remains mostly fully occupied due to consistent demand. - The existing property comprises budget-friendly rooms with basic amenities, constructed with sheet roofing, catering primarily to workers and long-term guests. - There is significant potential to upgrade the existing accommodation business into a premium hotel with modern amenities, including air-conditioned rooms, laundry services, and restaurant facilities, targeting business travellers, senior corporate professionals, and international visitors. - The promoter additionally owns 5–6 guntas of land in Jaigad, which can be utilised to construct a G+2 hotel with approximately 10 modern rooms. - The proposed hotel is expected to generate approximately INR 15,000 in daily revenue, translating to around INR 4.5 lakh in monthly revenue. - The business previously operated a small-scale dhaba (roadside eatery) within the premises, which has been closed for the past few years but offers potential for revival. - The business holds GST registration, and property ownership documents are in place, providing a foundation for future expansion.