₹
46.00 Cr
Negotiable
Government Approved
Negotiable
Government Approved
Hotel Fountaininn (The Lemonade Leela), Nadgaon T.birwadi, ,
Raigad
Property Description
Hotel Fountain Inn (Lemonade Leela), located in Mahad, Raigad District, Maharashtra, is a premium hospitality property owned by Dr. Vinodrao More. Spread across 2 acres of freehold land along with 15 guntha NA land, the hotel was valued at over ₹46 crore in 2022 by a government valuer. The property features a built-up area of 38,500 sq. ft. and includes two additional cottages (A & B). It offers 27 well-appointed rooms across categories such as deluxe, super deluxe, and suites with attached terraces, along with 7 rooms in the cottages. All rooms are air-conditioned and equipped with modern amenities. The hotel houses a grand 9,000 sq. ft. hall and lounge, three offices (MD, GM, Administration), an AC restaurant with 52-seat capacity, a vineyard-themed seating area for 38 guests, and two indoor/outdoor restaurants with a combined seating of 186. Other facilities include a first-floor cafeteria, conference hall, a lush 26,000 sq. ft. marriage lawn, and parking for 74 vehicles. The property is fully licensed, including an FL-III bar and permit room. Utility infrastructure includes separate three-phase and single-phase meters, MIDC water supply, a well, and river water permission from the irrigation department. Recreational amenities include indoor and outdoor games such as pool, carrom, and basketball. The hotel has pre-sanctioned plans for expanding up to 90 rooms, with potential for 120+ rooms including a swimming pool and gym. Leading hospitality brands like Radisson Blu and Fern have already conducted surveys for brand tie-ups. Strategically located on the Mumbai–Goa Highway, the property offers scenic river and mountain views, with Mahad city just 1 km away and Mahad MIDC only 700 meters opposite. It is close to major tourist attractions such as Raigad Fort, Pratapgad Fort, Shivthar Ghal, Mahabaleshwar, and popular beaches like Diveagar and Harihareshwar. Connectivity is excellent with Veer railway station 18 km away, and key cities like Pune (105 km), Navi Mumbai Airport (129 km), and Mumbai Airport (152 km).
Property Details
Plot Area
2
acre
Super Area
38,500 sq ft
Carpet Area
30,800 sq ft
Plot Shape
Rectangle
Additional Details
Type of Ownership
Single
Nearest Landmark
Raigad Fort
Nearest Metro Station
18.00 km
Distance From Main Road
5 km
Open Sides
1
Facing Road Width
10
Meters
Property Amenities
Lift