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Land Developers Business Seeking Loan in Mahbubnagar, India

Residential construction business seeking funding to initiate development of a 5-floor, 20-unit apartment complex.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 30 - 40 %
Industries Land Developers + 1 more
Locations  Mahbubnagar
Local Time 3:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 330 thousand for 15.0% annual interest, 3 years (Native Currency: INR 28,000,000)
Reason: Seeking funding to start the building construction. We expect to complete construction within 2.5 y... View More
Collateral Available: USD 187 thousand
Includes physical assets worth USD 350 thousand
Interested to connect with advisors
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Documents
Floor Plan
Parking Plan
Bore Dwelling
Plot Image 1
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Plot Video
Project Report
Business Overview
- The business operates in the residential real estate construction industry, with a focus on land development.
- Specializes in building construction services, including the development of independent homes, villas, and both residential and commercial projects.
- Offers plot development services, increasing resale value and preparing lands for future construction.
- The business boasts over 10 years of experience in the construction industry, highlighting its established reputation and reliability.
- Successfully completed more than 10 projects across Hyderabad, Secunderabad, and Mahabubnagar, indicating a strong regional presence.
- We are seeking investment to start construction of a 5-floor residential apartment building with 20 units.
- To date, we have registered the JDA for the land, have construction plans ready, and are awaiting RERA approval. Construction will begin immediately upon receiving funding.
- Employs staff on a contractual basis for project completion, allowing for flexible workforce management and cost control.
- The business holds a GST registration, ensuring all financial transactions adhere to Indian tax regulations.
Products & Services Overview
The business specializes in building construction, including independent homes, villas, residential and commercial projects, and plot development.
Assets Overview
Tangible assets include INR 3 crore of land.
These assets are crucial for our project and cannot be liquidated.
The collateral consists of 2 apartment units owned by the business.
Facilities Overview
Project specification:
Land area: 960 sq. yards.
Super built-up area: 2BHK (1,041 sq. ft) and 3BHK (1,410 sq. ft)
Number of floors: 5.
Residential apartments: 4 units per floor across 5 floors.
The business is headquartered in Hyderabad, with the project located in Mahbubnagar. The promoter currently operates from Mahbubnagar, managing the project onsite.
Capitalization Overview
Business is currently self-funded.
Total number of partners: 2 (holding 60% and 40% respectively).
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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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