Looking for investor to invest in Real Estate at BANDA : Sindhudurga land

Posted On: 09 / Jan / 2023
1 522

Deal Details

Annual

Deal Type

Sell (Strategic Investors)
Maximum Loan

Industry

Real Estate
Charge

Deal Status

Active

Deal Description

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 )

Attached Files

icon BANDA Sindhudurga Land Details pdf

Deal Value
200 Crore
Targeted Region
Asia Pacific

Revenue

2019-20
Undisclosed
2020-21
Undisclosed
2021-22
Undisclosed