Deal Type
Industry
Deal Status
1) The size of the land is 60 acres, out of which they have incorporated a company in 55 acre land which is non operational, 5 acres as individual land with no liability and it is available at a negotiated price for upfront payment.
2) The survey of the land is completed and the latest valuation of the land is 3 Cr per acre and latest Ready Reckoner / Circle Rate of the Land is Rs 1 crore per Acre and the price is always minimum 4 times of Ready Reck Value as per Rules and Regulations of Central and State Govt Laws.
3) A government entity to buy out this property in 6 months and the order has been issued.
4) Current govt. value - 1 Cr per acre and the government entity will buy out at 4 Cr per Acre. Total value will be 240 Cr and the land is located in Maharashtra.
5) Receipt of compensation can be anything between three months to six months ( land inspection and documents verification by Govt is completed, minuted of Minister’s order to Aquire land on priority / urgently and minutes are signed by all Officers including Minister )
BANDA Sindhudurga Land Details pdf