3 Star Resort for Sale in Chennai
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A 3 Star Resort with 120 Rooms with 3 Banquets Hall, Swimming pool, multi-cuisine restaurant with 50 people sitting arrangement, Gym, Sauna...etc. is for sale. This Resort is located in 3.5 acres plot area at Sriprembadur which is 32 km from Chennai close to NH 4. The asking price is Rs. 18 Cr not-negotiable. The Resort is closed since 2014 due to non-payment bank dues and currently controlled by one of the ARC. The card room rates were Rs. 3000 to Rs. 5000. The buyer would a get clean company free of all dues. The total constructed area is about 1,00,000 sq. ft. The avg. room size is 550 sq ft.
Reason
Cash Flow Problem led by Debt burden of Multiple business
Keywords
₹10 to ₹200 Cr
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