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Land Developers Company Seeking Loan in Bangalore, India

Real estate startup company that owns assets worth 35cr seeking funds for 35-acre farmplot project.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 2.5 million
Run Rate Sales USD 3 million
EBITDA Margin 40 %
Industries Land Developers + 1 more
Locations  Bangalore
Local Time 2:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.2 million for 50.0% annual interest, 2 years (Native Currency: INR 100,000,000)
Reason: To purchase and develop 35-acre farm plot. We will execute the JDA and GPA of the land in the name o... View More
Collateral Available: USD 2.2 million
Includes physical assets worth USD 4.3 million
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Business Overview

- We are into layout development and land aggregation in Bangalore and Hyderabad since 2009.

- We undertake residential layouts and farm plot development projects. Having a strong exposure to landscaping will be an added advantage to developing serene farmlands near Nandi Hills.

- Company has successfully completed many large scale development and construction projects in the past.

- We are in the process to purchase and develop 35-acre farm plot. Project can be extended to 110 acres which will be developed in subsequent phases.

- Also planning to add revenue-generating trees to the project with exclusive access to the resort and clubhouse for the owners.

- We have finalized the land and made an agreement by paying an advance.

- Final design of the project is under development.

- Company is registered in Warangal, Telangana and its operations are mostly in Bangalore and Hyderabad as the company owns many properties there.

Products & Services Overview

Farmland development, farm plots, resorts, residential layouts, land aggregation.

Assets Overview

We own huge land banks with offices in Hyderabad and Bangalore which are worth INR 35 crore.

Facilities Overview

Company has owned and rented offices in Bangalore and Hyderabad.

We are in the process to acquire a perfectly shaped rectangular piece of land with 600-meter frontage.

Land Size: 35 acres.

Min Farmplot Area: 6,000 sq ft.

Plots Per Acre: 5.

Total Plots: 170.

Agreement: Joint development.

Capitalization Overview

Business funding from sales of other projects and part of it is self-funded.

There are no outstanding loans in the company.

We are a team of 2 directors with equal shareholding.

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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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