Listing IDBB000436 Asking PriceRs. 50-100 Crores Last Year TurnoverRs. 150000000 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.

Total Views1199 Buyers Contacted6
Reason For SaleThe owners have other land in Tamil Nadu where they are starting another business, hence want to sell this one
EBITDAAvailable on request Last Years Gross ProfitAvailable on request
IndustryAgriculture Sub IndustryOther Agriculture
StateKerala CityErnakulam
Company TypePrivate Limited Started in NA
Employees51-100 Employees Listing created byBroker/Consultant

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