Project Type : Luxury Hotel/Resort in Nainital.
Project Information: Floor Space Index/Floor Area Ratio: ~1.5
Ground coverage Norms Floor Height : 3 Floors with a cumulative height of 35 feet
Set Backs : No Min or Max
Parking Space in Sq.Ft. 5,000+ Sq.Ft.
Total Constructible Area: 45,00 Sq.Ft ( 30,000 Sq.Ft. * FSI 1.5)
Basic development has been completed including retaining walls, water line, electric and leveling.
- No individual can purchase more than 250 square meters of land under the Land Ceiling Act. To circumvent the same we have registered the land under a separate company called Apar Real Estate (Registered with ROC, Delhi). All approvals have been completed. We can add/remove Directors from Apar Real Estate or sell the company as is.
- The land parcel has roads on 2 sides and is easily approachable by any type of Vehicle.
Average Room Rate of 3 Star properties in Nainital ranges between INR 7,000/- and INR 12,000/- + Taxes ( 3* properties in Nainital: Manu Maharani, Arif Castles and Naini Retreat)