Listing Details : LB-13196

Investment Required 7.5 Crs
Turnover N.A
Legal Entity Proprietorship
Category Real Estate
Sub Category Hostels
Business Listed By Business Owner

Overview

Operating PG in Rithala/Rohini, New Delhi, Seeks Partnership for Expansion. Located just 900 meters from the metro station, the PG covers a total area of 750 yards with a built-up area of 20,000 sqft across two floors (G+2). Presently offering 19 rooms, the property is currently undergoing renovation. With the potential to add two more floors, we are seeking a partnership due to the owner's age (70+) and the desire to expand the facility. This strategic collaboration aims to enhance and grow the PG, providing additional floors and rooms for accommodation, ensuring a more comprehensive and modern living space for residents.

Year of Establishment

2023

No. of Employees

2

Current Status of Business

Running

Business Relocatable

Yes

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Proposed Deal Structure

N.A

Competition / Market

Yes we have some competition

Products & Services

the PG covers a total area of 750 yards with a built-up area of 20,000 sqft across two floors (G+2). Presently offering 19 rooms, the property is currently undergoing renovation. With the potential to add two more floors

Growth Potential

Growth rate is high

Financial Details

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