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Land Developers Business Seeking Loan in Bharthana, India

Land developer with 20 Bigha land seeking business loan for development in Etawah, UP.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 24 thousand
Run Rate Sales USD 25 thousand
EBITDA Margin 12 %
Industries Land Developers
Locations  Bharthana
Local Time 9:59 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 120 thousand for 10.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: - We are seeking a loan for developing the land that we own for selling the plots. - The payment of... View More
Collateral Available: USD 0
Includes physical assets worth USD 800 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- The business is a land developer based out of Etawah, Uttar Pradesh.
- The company has made an investment of INR 6.5 crore in the acquisition of agricultural land, which has already been converted into residential land.
- The business has already initiated sales, having successfully sold 3 residential plots amounting to INR 20 lakh.
- The company is currently seeking funding for further development of the project, with an estimated completion timeline of 6 months.
- Our proposed development of the project includes the building of roads, compounds around the layout, and basic infrastructure for electricity and water connections, beautification of the layout by planting trees and other decorative plants.
- After the development we will follow the same business model of selling plots for generating revenue.
- It is important to note that the business does not have fixed monthly sales due to the nature of its operations, where sales are dependent on the purchase of residential plots.
- The company has obtained all necessary regulatory approvals, certifications, and licenses, indicating compliance with legal and regulatory requirements.
Products & Services Overview
The business is a land developer who sells plots to buyers after developing the land.
Assets Overview
The tangible asset of the business is the 20 Bigah land worth INR 6.5 crore.
Facilities Overview
The land is located in Bharthana, Etawah. The total area of the land is 20 Bigha and is worth INR 6.5 crore.
The layout of the project is as follows:
- 3,600 Sq. Ft. - For market and shop area.
- 1,60,000 sq. Ft. (Approx) - For residential plot area.
- 20 Ft for the road as separated in the project.
Capitalization Overview
The business does not have any loans and is a sole proprietorship.
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2 Investors viewed this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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