300 Keys Luxury Hotel-Udaipur

Udaipur, Rajasthan

Prime Commercial Land – Joint Venture & Outright Sale Opportunity

Land Summary

Primary Parcel (Current Deal)

• Land Area: 1,73,000 sq.ft

• Zoning: Commercial

• 100 ft road frontage

Future Expansion Potential

• Additional 1,00,000 sq.ft available

• Can be added later in Phase-2 / Expansion Stage

Ideal for resort villas, branded residences, convention center, or inventory expansion.

Outright Sale Option

• Parcel Size: 1,73,000 sq.ft

• Price: ₹5,000 per sq.ft

Indicative Land Value: ₹86.50 Crore

(Investors may opt for outright purchase instead of JV.)

Joint Venture Development Structure

JV Parcel

• 1,73,000 sq.ft (Phase-1 Development)

Initial Investment Commitment

Upfront to Landowner

₹25 Crore

Development Kickstart Capex

₹25 Crore

Total Initial Investment: ₹50 Crore

(Covers approvals, design, excavation, foundation & early works.)

Project Funding Model

Phase-by-Phase Bank Loan Funding

• Construction finance via Banks / NBFCs

• Debt drawdown linked to milestones

• Structured through SPV

• Secured via land mortgage & development rights

• Brand/operator tie-up enhances bankability

Development Potential

Phase-1:

• 200–240 Key Hotel / Resort

With Expansion Land:

• 240–300+ Keys possible

• Convention & Banquet Facilities

• Resort Villas / Branded Residences

• Mixed-Use Hospitality Ecosystem

📍 Location Advantages

• 1 km from Marriott Udaipur

• Near Fateh Sagar Lake

• 100 ft wide road frontage

• Airport distance: 20 km

• Prime luxury hospitality belt

Investment Highlights

✔ Commercial zoning clarity

✔ Outright or JV flexibility

✔ Bank funding feasible

✔ Expansion land available

✔ Scalable hospitality development

✔ Institutional investor friendly