Land Developers Company Equity Stake For Sale in Ranchi, India
Company develops, sells apartments, and deals in real estate seeks investment.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 30 thousand |
| Run Rate Sales | USD 30.5 thousand |
| EBITDA Margin | 40 % |
| Industries | Land Developers |
| Locations | Ranchi |
| Local Time | 8:33 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
630 thousand
for
10.0%
stake
(Native Currency: INR 57,000,000)
Reason: - Need investments for approval of floor maps on the land acquired to develop it into multicomplex r...
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Includes physical assets worth
USD
6.2 million
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Business Overview
- Company was started 2 years ago.
- We used to sell flats on brokerage but now we have acquired a total of 23 acres of land in Ranchi and surrounding areas to develop it.
- Have extremely good connections both political and administrative and intend to use those connections to grow my company.
- Have completed 3 projects and have 2 ongoing projects.
- Need an investment to convert land acquisitions into apartments and sell it to the customer base all across Jharkhand.
- We used to sell flats on brokerage but now we have acquired a total of 23 acres of land in Ranchi and surrounding areas to develop it.
- Have extremely good connections both political and administrative and intend to use those connections to grow my company.
- Have completed 3 projects and have 2 ongoing projects.
- Need an investment to convert land acquisitions into apartments and sell it to the customer base all across Jharkhand.
Products & Services Overview
1. Purchase and sell of plots/lands.2. Construction.
3. Interior and renovation.
4. Flipping properties.
Assets Overview
Tangible - 23.5 acres of land, and office equipment.
Facilities Overview
- 16 acres of land in Namkum, 1.45 acres of land in Mandar, 3-acre land in the city of Ranchi, 3-acre land in Sukurhutu, Ranchi.- Home office is located in the center of the city.
Capitalization Overview
- There is no loan on the company. We started this company with brokerage earned in the early days which was approximately INR 27 lakh.We then used this money to sign and acquire lands using connections.
- The company has 2 directors with 99% and 1% shareholding.
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