220 acres estate for sale

Dear sir

Following are the details of the 220 acres,

This is a free hold 220 acres of real estate land (hilly area), ideal for resorts or building villas.

Area: 220 Acres & 49 cents

Location : Coimbatore - Dindigul highway

Elevation: 3400ft above sea level

Rainfall: 45" to 50" per annum

Value of Trees: 6Cr (as per the valuation done in 2002)

Water source : 1 natural pond/lake in nearly 1acre area, 1 well with perrenial source, 4 borewells, 4 healthy flowing streams, minor
other streams

Currently, the estate has :
50 acre Coffee plantation
60 acres of teak/sandal wood etc
40 acres of flower foundation

Electricity connection : not connected but wired to last mile

House/bunglow (or any other form of structure) at present in the estate: few worker quarters (hutments)

Construction allowed in the estate as per local guidelines? (how many floors etc): Ground + 1 floor allowed

ownership status of estate: Owned by a partnership firm

Houseboats are 100% tax free. (NOTE : There is a govt reservoir on way to estate from NH209)

Seller is having a outstanding loan with bank against the property.

Asking Price : 28Cr (negotiable)

Site visit & documents can be viewed after signing of NCND (non-circumvent non-disclosure agreement)

response awaited,
--
Regards,

sha navas
 
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