Post on 08-Oct-2015
description
OUTRIGHT SALE OF RESORT & COFFEE
ESTATE IN COORG
2COORG - INTRODUCTIONCoorg (or Kodagu) is the south-western district of
Karnataka state in the south of India, in the western
Ghats.
It is described as the Scotland of India and Indias best kept secret, the natural habitat and wildlife are the main attractions.
The stunning hill country is part of the bio diversity sphereof the Western Ghats. Natural habitat, coffee & spice
plantations, low population density, undulating streets and
breathtaking views are what make Coorg an unforgettable
holiday destination.
Major Tourist attractions are Talakaveri, Abbey falls Nisargadhama,Iruppa falls,Dubare,Nagara hole,
Bhagamandala.
It has three wildlife sanctuaries and one national parkBhramagiri, Talakaveri and Pushpagiri Wildlife Sanctuary,
and Nagarahole national park.
3RESORT LOCATION
It is a theme based resort surrounded by reserve forest located on the main Coorg Kerala highway
about 7 kms form Virajpet.
The estate
spans nearly 80
acres of rolling
hills planted with
Robust
Coffee, pepper
and variety of
other plants.
The estate is full
of tall trees, two
lakes, hiking
trails all around.
It is home to about
scores of different
varities of
birds, several deer
and other animals.
It is one hour drive from the
most splendid
sight seeing
sports of Coorg-
Nagarhole and
Wynad reserve
sancturies.
4ACCOMODATION AT RESORT
The resort offers most spacious & furnished suites & villas.
8 Cottages is part of a two suite plantation style villa built in Kerala style with spectacular view of coffee estate.
It is 1000 sq ft in size with king-size bed, a spacious
entertainment room with comfortable sitting and luxury bath.
Bungalow It is expansive 5000 sq ft of plantation bungalow built in traditional south Indian style.
It has 4 large bedrooms, 3 bathrooms, dining and living areas,
open veranda, large private garden and library.
FACILITIES AT RESORT
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Reception area- 4000 sq ft built in traditional Kerala style.
Restaurant It has multi cuisine .restaurant with capacity of 30 guest and a separate bar area.
Board room accommodates 20 people.
Conference room accommodates 20 people.
Banquet Hall accommodates 100 people.
Outdoor meeting space.
Club house of 4000 sq ft with space for Library, TV rooms, Indoor & Outdoor games,
Entertainment events- Kalaripayattu ( famous art of sword fighting), local Coorg dance and
bonfires.
Staff Quarters, Staff kitchen, Store rooms.
Generator, Transformer & Water treatment equipment are in place.
ACTIVITIES AT RESORT
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OUTDOOR SPORTS INDOOR SPORTS
BOATING TRECKING BONFIRE
ESTATE INFORMATION
There is 72.3 acres of documented land mostly in the form of coffee plantation.
The two lakes on the estate suffice for irrigation of the plantation.
The estate produces 1300-1500 bags of coffee every year resulting in the revenue
of 25-30 lakhs every year.
The estate also produces Pepper and Avocado which collectively produce 3 -5
lakhs a year during their season.
Estate has adequate plantation workers a manager to oversee their work properly,
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OTHER INFORMATION
The resort is located close to Mysore airport and upcoming Kannur International Airport.
It is 1.5 hours away from Kannur beach.
The resort has tied up with Virajpet Golf course which is about 15 mins from resort.
It is ideally situated fro an Ayurvedic or other spa hence elevating its position as Golf and spa resort.
All permits related to bar licensing is in place.
Conversion of resort area is done.
Approvals for additional 50 rooms has been obtained from Karnataka Udyog Mitra-the apex body for a single window clearance.
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CURRENT STATUS
The resort has been operating at a boutique scale since September 2011 and without any advertising and marketing tie-ups.
It has 3 main streams-outstation guests with advanced bookings, walk-in guests and corporates conducting their offsite events.
The cottages generates Rs.6000/night in off season and Rs. 8000/night in peak season.
The bungalow generates Rs.15,000 /night in off season and Rs.22,000 / night in peak season
Corporate such as Infosys, Google, Wipro, Honeywell etc. have conducted offsite events.
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TRANSACTION DETAILS
THE SALE OF 72.3 ACRES OF COFFEE ESTATE
AND A RESORT LOCATED ON A FAST
GROWING TOURIST DESTINATION IN COORG
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CONTACT DETAILS
Abhijeet Umathe
Senior Manager Hospitality & Leisure
Knight Frank (I) Pvt. Ltd
Paville House,
Off Veer Savarkar Marg
Near Twin Towers
Prabhadevi
Mumbai 400 025
Direct: 91-22-67450217
Mobile: 91-9930292923
Fax: 91-22-67450202
Email: abhijeet.umathe@in.knightfrank.com
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DISCLAIMER
The statements, information and opinions expressed or provided in this Information Memorandum and
Any other subsequent information provided is intended only as a guide to some of the important
considerations that relate to the subject property for transaction / investment. They are intended to give
an overall description of the property and transaction / investment and are not intended to constitute as
an offer or contract.
Neither Knight Frank India Pvt. Ltd not the mentioned developer gives any warranties as to the contents
hereof nor shall the same be deemed to be representation by either of them and nor accept any
contractual, tortuous or any other form of liability for any consequence, loss or damage which may arise
as a result of a person acting upon or using the statements, information or opinions in the document.
This document is confidential to the addressee and is not to be subject of communication or
reproduction wholly or in part.
Whilst the information provided herein has been prepared in good faith, the prospective purchasers
shall be responsible to make their own enquiries, conduct their own due diligence and satisfy
themselves on all aspects of the property including the title of the subject property, before making any
decision in regard to the proposal. The execution or participation by virtue of this document shall not be
construed to be an agreement between the mentioned developer and any prospective investors. None
of the investors shall rely upon the accuracy of the representation, warranties, covenants, statements
and information provided in the Information Memorandum and the Investor shall conduct their own due
diligence regarding the title of the mentioned developer to the subject property.
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THANK YOU!
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