Land Developers Company Seeking Loan in Bangalore, India

Premium residential plot developers in North Bangalore require funds to expedite sales.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 700 thousand
EBITDA Margin
40 %
Industries
Locations
Local Time
6:17 AM Bangalore
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 4 years (Native Currency: INR 5,000,000)
Reason: To expedite sales of the current inventory of INR 14Cr. Require an Operation -Executive to scale th... View More
Collateral Available: USD 0
Includes physical assets worth USD 800 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We started in the year 2014 under a brand which is into residential plot development.

- Have successfully delivered 1 project and have 2 ongoing projects.

- Business has presence in North Bangalore.

- For all the projects the company is the absolute owner of the land with all statutory approvals in place. We have already done partial sales.

- We develop plots on our own land & sell them. We use digital marketing to sell our plots. 45% of the plots have been sold in the project that we have already completed.

- Have started a new brand in 2018 to manage sales and marketing of projects. Looking for funds for this entity.

- Business owns office setup, INR 4 Crores worth land and INR 1.5 Cr worth buildings.

- Sales this year increased due to increase in the number of plots we have sold.

Products & Services Overview

Residential plots development projects in the North of Bangalore.

Facilities Overview
Recent Activity
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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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