Operational Resort Property For Sale In Kashmir
About Business
A running resort located in Kashmir, approximately 1.5 km from a local park and a 15-minute drive from the Pahalgam market. The property is accessible via an existing path from the main road and includes both proprietary and government land. The resort is operational and provides lodging and hospitality services.
Property Details:
The total land area is approximately 34 kanal (≈185,000 sq ft), including 31 kanal proprietary land and 5 kanal government land. Of the proprietary land, 26 kanal is available for construction, while the government land is used for lawn and roadside development. GPS coordinates for the property are available.
Existing Construction:
- 12 fully constructed 2 BHK huts
- 2 fully constructed 1 BHK huts
- Two-story hall of 1,500 sq ft
- Cafe area of 1,000 sq ft
- Reception area
Remaining work includes cleaning, installation of wood flooring, and curtains.
Future Development Potential
The property has approval to develop 10 additional guest houses, each containing 8 rooms, allowing for a total of 80 additional rooms.
Clientele type
The primary clients are tourists.
Premises
OWNED
Premise Size: 187000
Market Value (in INR): 65.00 Cr
Asking Price Includes
Twelve five-star 2 BHK cottages, two five-star 1 BHK cottages, a double-storey hall, cafeteria, reception and restaurant, with natural spring water supply is part of the transaction.
Reason
The founders are engaged in another business and are therefore seeking an exit.
Licenses
Govt approved
Keywords
Business Tags
Business Exit for ₹10 Cr – 200 Cr
Structured Transition Completed in 120 Days
Credible Buyer Connections, Confidential Discussions, and Seamless Closure
Supported by Advisors with 26+ Years of Experience