Land Developers Company Seeking Loan in Chennai, India

Property developer firm in South Chennai, seeking funds to invest in commercial and residential land.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 2 million
EBITDA Margin
5 %
Industries
Locations
Local Time
5:10 AM Tamil Nadu
Listed By
Management Member
Status
Active
Overall Rating
Seeking Loan
USD 140 thousand for 10.0% annual interest, 1 year (Native Currency: INR 10,000,000)
Reason: To acquire land, develop and sell them at a profit.
Collateral Available: USD 0
Includes physical assets worth USD 400 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are a 12 year old property developer firm and have a record of developing and selling more than 2,000 properties.

- Company is operating in South Chennai. We identify land which are under litigation and try to acquire it with all clearances. Land is then developed and sold to individuals as plots.

- We work on at least 10 plots a month having an average size of 1,200 Sq. Ft. Our target customers are individuals looking to build their own homes.

- Have identified land in South Chennai region and plan to buy and develop them. These plots will then be sold at a profit margin.

Products & Services Overview

Land development, residential construction projects.

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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