Property : palace turned into a 4 star luxury hotel for sale in prime location of jodhpur rajasthan 72000 size ft land housing a 68000 size ft palace renovated into a 4 star luxury hotel location prime location in jodhpur prime land located in an upscale area on a major road owned by a private limited entity with all of its compliance in order the property houses a palace which used to be one of the residences of then maharajas the property was converted into a luxury hotel in the year 2000 with 68000 size ft built up area it has 44 nosof suites and deluxe rooms 7 deluxe rooms 26 club rooms 11 suites a large swimming pool grand corridors large public areas a multicuisine restaurant a well equipped kitchen with a cold room bakery unit pantries etc spacious lobby cum loungeconference hall spa and shopping arcade sprawling landscaped gardens with fountain walk paths sitouts and bari dari structures etc the property has been highly rated on all major online travel portals and welcomes about 1000 guests a month including several local and international celebrities the average occupancy price is 55 60 % and the average price point is inr 6500 / night the existing hospitality business / legal entity is not for sale and the new acquirer may choose to start any businesses at their own discretion only the asset / hotel property is for sale usp even though the property is a heritage hotel there are no government restrictions to raze the existing building or any additional taxes / duties to be paid buyer can construct up to 1011 floors this property can be converted into and used for any commercial purposes like shopping mall state of the art hospital corporate office for any mnc etc revenue price 14 cr price quoted price 250 cr negotiable brokerage applicable

Date : 2023-08-18 23:49:46