Cardamom Estate for Sale in Idukki, Kerala

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Listing IDBB000436 Ticket Size50-100 Crore Last Year TurnoverINR 15.00 Crore Verification Status Pending

Business Details

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.

Last Years Gross ProfitAvailable on request EBITDAAvailable on request
Total Views4723 Last Active2+ months ago
IndustryAgriculture (Other) LocationErnakulam
Entity typePrivate Limited Started in 2014
Transaction TypeFull Sale Employees51-100
ReasonThe owners have other land in Tamil Nadu where they are starting another business, hence want to sell this one
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