Listing Details : LB-20566

Investment Required 2.5 Crs
Turnover N.A
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

Overview

An under-construction hotel project in Jharkhand (2025) is seeking investment through a joint venture opportunity offering 49% equity for an investment of ₹2.5 crore. The project is being developed on a 30,000 sq. ft. land parcel with a total built-up area of 16,000 sq. ft., structured as Ground + 1 floor. The hotel will feature 25 well-designed guest rooms, a banquet hall with seating capacity of 300–400 guests, landscaped garden, swimming pool, and a lounge resto-bar, targeting premium hospitality and event clientele. Approximately 50–60% of the construction has already been completed, reducing project risk and timeline to launch. The business operates under a sole proprietorship structure and presents strong potential driven by rising tourism, weddings, and corporate events demand in the region.

Year of Establishment

N.A

No. of Employees

N.A

Current Status of Business

Running

Business Relocatable

N.A

Purpose of Joint Venture

Financial ()

Role of New Partner

Active

Property Type

Owned

Property Value

N.A

Property Classification

N.A

Describe Property

Ground +1 Floor + Various Amenities

Proposed Deal Structure

49% Equity

Competition / Market

Growing demand in Jharkhand driven by weddings, social events, business travel, and limited premium venue options in the region.

Products & Services

25-room hotel with banquet hall (300–400 capacity), garden, swimming pool, and lounge resto-bar targeting events and hospitality guests.

Growth Potential

Strong scope for revenue growth post-completion through event bookings, room occupancy expansion, and brand positioning in the local hospitality market.

Financial Details

Listing Details : LB-20566

Investment Required 2.5 Crs
Turnover N.A
Legal Entity Proprietorship
Category Hotels & Resorts
Sub Category Hotels
Business Listed By Business Owner

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