Listing Details : LB-15426

Asking Price 10 Crs
Turnover 30 Lacs
Legal Entity Proprietorship
Category Real Estate
Sub Category Hostels
Business Listed By Business Owner

Overview

Established in 2012, this well-maintained boys' hostel is located on a prime main road, ensuring consistent demand for its rooms. The property spans 250 sq. meters and features a total of 28 fully-furnished rooms, designed to provide a comfortable and secure living environment for students and working professionals. The hostel’s prime location guarantees high occupancy rates, with easy access to local amenities, educational institutions, and public transport. Each room is well-ventilated, offering essential facilities such as beds, study desks, and storage, ensuring a convenient stay for residents. The average rental income per person ranges between ₹8,000 and ₹10,000, making it a lucrative investment opportunity with a steady revenue stream. This established hostel presents an excellent opportunity for investors seeking a ready-to-operate business in the thriving city of Indore. Ideal for those looking to expand their real estate portfolio or enter the growing student housing market, the sale includes all necessary infrastructure and operational assets for a seamless transition.

Year of Establishment

2014

No. of Employees

2

Current Status of Business

Running

Business Relocatable

No

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

N.A

Competition / Market

Yes we have some competition

Products & Services

The property spans 250 sq. meters and features a total of 28 fully-furnished rooms, designed to provide a comfortable and secure living environment for students and working professionals. The hostel’s prime location guarantees high occupancy rates, with easy access to local amenities, educational institutions, and public transport.

Growth Potential

Very High

Reason For Sale

Personal Reason

Financial Details

Listing Details : LB-15426

Asking Price 10 Crs
Turnover 30 Lacs
Legal Entity Proprietorship
Category Real Estate
Sub Category Hostels
Business Listed By Business Owner

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