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Listing ID: 839911

Luxury 4 Star Brand New Resort in Munnar - 11 Floors-75 Inventories For Sale

Munnar, Ernakulam, Kerala, India

INR 500,000,000

Revenue: not disclosed

Cash Flow: not disclosed

Business Description

Kerala - hill station Munnar project:

Status: Under completion 4 star luxury resort.

Govt. approval: Approved 4star project. Sanction ready for 5star approval too.

Total Area: 2.50 acres - 250 cents.

Building Sanction: 1.10 acres.

Total build up area in sq ft: Between 55000 to 65000 sq ft.

Total floors: - 11.

Inventory: - 75 rooms.

Facilities: As per 5 star resort norms.

Restaurant: - 3.

Infinity swimming pool: - 1.

Ayurveda center
Spa
Health club
Children play area garden
Staff quarters

Property entry: - Tar road facing, two entries (upper and bottom entry).
Unlimited water source throughout the season.

Present work updates: as of 8-03-2014:
Interior work in progress.

Document details:
Original patta land in with just one survey number.
The last resort to be approved by govt for 10+ floor project in Munnar.
All construction sanctions/ approvals certified by govt of Kerala.

Work progress: 90% completed.

Loans: 9cr sanctioned by
Sidbi- (small industries development bank of India) central govt. bank.
Highlights: This is the last project approved by govt in Munnar for a ground plus 10 floor. Present approval status for any new project in Munnar would be ground plus 2 floors.
Two entries to the property.
Ample water source.
Excellent view from all the rooms.
Tar road.

100% genuine land with just one survey number.

Price - 50cr - Negotiable.

Property Details

Size:

65000 Sq.Ft.

Years Established:

2014

Property Type:

Real

Other Details

Business Location:

Munnar.

Operation Details

Employees:

100

Miscellaneous

Financing Available:

Yes

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