Cardamom Estate for Sale in Idukki, Kerala
Listing ID: BB000436
Posted By: Third party
Last Active: 2+ months ago
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Product / Service

A high yielding cardamom estate in Idukki, Kerala is for sale. The total land area is 423 Acres. This also includes a bonus coffee estate of 63 acres. The estate fetches between INR 12 - 15 Crores by auction sale every year. The estate has mostly daily wages workers of about 100 including 25 regular workers and the relationship with workers is very cordial from beginning. All necessary equipments and machineries available. The current market price per acre is Rs. 25-30 Lacs but the asking rate is only Rs. 21.5 Lacs per acre. Total Asking price of the estate is INR 91 Crores.

Reason

The owners have other land in Tamil Nadu where they are starting another business, hence want to sell this one

Business Tags

Auction sale Bonus coffee estate Cardamom Estate Good relations with Workers Machineries Well Equipped

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