Verified

An Under Construction Four Star Hotel for Sale.

Agra, Uttar Pradesh, India

Hotels & Resorts

Asking Price
40 Crs

Category
Hotels & Resorts

Turnover
N.A

Sub Category
Hotels

Legal Entity
Partnership-LLP

Business Listed By
Business Owner

An Agra based Under construction Hotel available for outright sale. The property is located in the hotel hub of Agra in close proximity to the Taj Mahal. The construction of the hotel was started in late 2019 and stopped due to Covid. The total Plot Area is 4065 sq yards and currently the construction has been done for 115000 sq. ft and approx. 25000 sq. ft more is to be constructed i.e. 3 floors. The hotel when built would have a total of 108 rooms and all facilities are also factored in the plans. As on date the construction is in a very raw state and in an unfinished condition. The hotel has a Contract with a reputed Hotel Group Brand, however the same can be revoked and the new owner can have their choice of brand also. The construction has been stalled from the last 6 months.

Year of Establishment

2019

No. of Employees

0

Current Status of Business

Others (Under Construction)

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

with a Plot Area of 4065 sq yards and a Constructed area of 115000 sq. ft approx. 25000 sq. ft more to be constructed IE 3 floors.

Competition / Market

N/A

Products & Services

In the hotel Total of 108 rooms are properly constructed but in unfurnished condition

Growth Potential

Constructed area of 115000 sq. ft approx. 25000 sq. ft more to be constructed IE 3 floors. The hotel has a Contract with a reputed Hotel Group

Financial Details

EBITDA N.A

PAT N.A

Debt N.A

Reason For Sale

Don't want to continue in this business

Business Documents

Teaser/Information Memorandum

Valuation Report

Financials

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