Commercial Land 4660 Sq. Meter for Sale in Pimpri Chinchwad, Pune

Listing ID #1194250

Discover a prime hotel property for sale in the bustling Pimpri Chinchwad Highway area, offering a vast 51-guntha plot for potential expansion or redevelopment. Located along the Pune Highway, this road-touch property boasts a secure 99-year MIDC land lease agreement, with 45 years already completed and an additional 55 years ahead, extendable for long-term stability. The hotel structure features 33 rooms, 2 banquet halls, reception, kitchen, dining, and storage facilities. Formerly tied to Fab Hotels in 2017, it presents a revival opportunity. Currently vacant with sold furniture, this property has an impressive FSI of 3.5, making it ideal for substantial development. Situated near a Smart City area and metro station, it offers proximity to urban amenities. With clear legal documents, no loans, or litigation concerns, the transaction process is smooth and transparent. The property's commercial zoning, immediate proximity to DMart, and favorable transfer terms make it an attractive investment. Seize this rare gem and transform your entrepreneurial vision into reality.