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Property Description
This is a 3 Star Hotel available for sale in the Majestic Area of Bangalore. The property includes a plot area of 8220 sq ft with a super built-up area (SBA) of 44,000 sq ft and consists of 41 keys plus 6 suites. The building is 10 years old and includes banquet hall space, restaurant space, and a terrace garden.
Property Details
- Comprises 41 keys plus 6 suites in a 10-year-old building
- Includes banquet hall and restaurant space suitable for hotel operations
- Features a terrace garden for outdoor amenities
- Plot area is 8220 sq ft with total SBA of 44,000 sq ft
- Property is under full possession of the bank as per SARFAESI Act
The bank reserve price for the property is Rs.27.50 Crore with an earnest money deposit (EMD) of Rs.2.75 Crore. Bidding increments are Rs.3 Lakhs in the online auction. Commission mandates apply to prospective buyers. For site visit or more details, contact AV Properties.
Frequently Asked Questions
The bank reserve price for this 3 Star Hotel in Majestic Area is Rs.27.50 Crore.