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Land For Residential Cottage Villa In Shimla For Sale

Shimla, Himachal Pradesh
  • $500k - $1m

Turnover:
Available on request
Net profit:
Available on request
Contact Seller
Proposed site

1/3Proposed site




A single virgin land plot measuring 27000sq. mtrs. at Theog near Shimla available for outright sale or Joint venture.
For high end residential cottage complex
In the Heart of Kufri Hills
At, Theog, Distt. Shimla
Theog is fast becoming the most upcoming destination in Shimla with Well Known Club Group developing a resort with 100keys along with a helipad and a Five star hotel by Taj Hotels is underway.

Further, Himachal Urban Development Authority has approved a satellite township at Theog, work for which is scheduled to start next year.
This site is a 10 minute drive from Fagu and 15minutes from Oberoi's 'Wild Flower Hall' as well as President of India's Retreat.
Brief Project Concept

Project Overview

Himachal Pradesh:

Himachal, often described as the Land of the Gods owing to its numerous temples dotting the state, is situated in the heart of the Himalayan range. It is bordered by the sattes of JnK in the north, Utaar Pradesh in the East and Punjab in the South West.
The last few years have seen the state government take active initiative to promote commerce, industry and tourism, by way of reform oriented policies, a strong focus on infrastructure development and by effective marketing. It has announced clearly structured industrial, IT and tourism policies to target agro based industries, fisheries and aquaculture, IT textile and tourism industries.

Shimla:
Shimla is one of the most fascinating and alluring towns developed by the British as their Summer capital and is home to some of the most eminent works of architecture and rich life styles in the country. Shimla is connected by Road through NH-22 at a distance of 110 Km(3 Hrs) from chandigarh and also through Air ( Nearest airport at Jubbarhati (28 km. from Shimla Bus Stop)

Site overview:

The proposed site is approximately 36 Bighas(27,072 sq.mt.) of land at Theog, Shimla. The site is at a distance of 30 km from Shimla town on NH 22 at a time distance of 40 minutes marked by picturesque landscapes. Also Kufri is at a driving distance of 15 minutes while narkanda is 30 km from the proposed site.

Nearby Upcoming developments:

Narkanda 30 km ahead of Theog is a major tourist destination for adventure and peace lovers and a host to some major resorts. Kufri at a distance of 14 km from the site is a major tourist destination internationally placed on map. Also few clubs had started there projects costing more then 100 crores on development of property which is about 2 Km from the proposed site.



Real Estate:
Real Property Included
Location:
COTTAGE COMPLEX
(A HIGH END RESIDENTIAL COTTAGE COMPLEX)
In the Heart of Kufri Hills
At, Theog, Distt. Shimla
Premises details:
The proposed site is approximately 36 Bighas(27,072 sq.mt.) of land at Theog, Shimla.
Planning consent:
The Development project of Cottages / Villas is available for Sale as well as for JV

Expansion potential:
• 25 Cottages of 2500 sq ft each. (Size may vary as per design and location on site.
• 01 club house for residents measuring approx. 3000 sqft
• Common facilities area i.e grocery store, basic needs etc approximately 2500 sq.ft
• EWS (Economically Weaker Section) housing for maintenance and job opportunity to locals measuring about 500 sq. ft.

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