Sound financially viable 4-star hotel & Banquet hall project looking for an investment of Rs 7.00 crore.
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Product / Service
This is under construction 3-star hotel project 3. Proposed hotel consist of 47 rooms, 2 Banquet halls, Conference Room, Restaurant and Bar.
Clientele type
Company has propose to tie up with corporate client like Tata International, Sun Pharma, Siemens Etc. Apart from this they have 2 Banquet halls for marriage which they are targeting for destination wedding.
Premises
Land measure about 4 acre located at very prime location owned by the promoter have market value of RS 7 crore.
Asking Price Includes
Land is valued at around 7 crore and civil construction work is done for 6 crore. Money required for rest of the finishing work
Reason
Money required to complete the project. Promoter has already infused his margin and now running short of fund. Rquired financial partner.
Other Details
The promoter is in this line of activity for the last 25 years and has in-depth knowledge of industry and business. The promoter is well connected and known in his area. Promoter has already run 2 hotels taken on lease successfully. Promoter has already infused about 8 crores so far and civil construction is completed. Now he requires an additional INR 7 crores to complete this project. He proposes a very attractive return to the investor and quick payback.
₹10 to ₹200 Cr
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