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Acquire an Indian Oil petrol pump near Thane with necessary licenses and approvals. It is located on service road between Thane and Mulund. The pump has 12 nozzles for petrol and diesel. The station made sales of Rs. 2.50 Lacs per day. The pump is non-operational since 3 years due to termination of lease between the lessor and the lessee. This will be renovated again by Indian Oil to make it look like a new one. Asking Price: INR 15 Crores (negotiable).
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Reason
Due to breach of the lease terms by previous lessee the lease agreement got terminated. IOC wants to completely sell the station now.
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