Fagu, Shimla

Price: 12 Cr.

Property Details: • Type: Commercial Land • Project: N/A • Built-up Area: N/A sq.ft • Floor: N/A of N/A floors • Age of Property: N/A • Ownership: N/A • Furnishing: N/A • Facing: N/A

Amenities: N/A

Landmarks: N/A

Property Description: This Commercial Lands /Inst. Land property located in Fagu, Shimla offers a prime opportunity for investment in the hospitality industry. With a plot area of 6000 sq.ft., this freehold property spans over 6 bighas of land, providing a spacious and versatile space for various commercial ventures.Situated in the picturesque town of Fagu, Shimla, this property is ideal for those looking to capitalize on the growing tourism sector in the region. The location is tourism-approved, making it a strategic choice for setting up hotels, resorts, or other hospitality-related businesses.Currently, the property includes 5 villas, a restaurant, and a banquets hall, offering a ready-to-use setup for the new owner. The property is also in the process of receiving approval under section 118, further enhancing its potential for development and expansion.The asking price for this property ranges from 6 Cr. to 12 Cr., making it a lucrative investment opportunity for those looking to establish a successful business in the hospitality sector. With its prime location, ample space, and existing infrastructure, this property offers endless possibilities for growth and profitability.In summary, this Commercial Lands /Inst. Land property in Fagu, Shimla is a rare find in the market, offering a well-equipped space for establishing a lucrative business in the tourism sector. Don't miss out on this opportunity to own a piece of prime real estate in one of the most sought-after locations in Shimla.