Land Developers Company Seeking Loan in Chennai, India
Property developer firm in South Chennai, seeking funds to invest in commercial and residential land.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.5 million |
| Run Rate Sales | USD 1.7 million |
| EBITDA Margin | 5 % |
| Industries | Land Developers |
| Locations | Chennai |
| Local Time | 8:03 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
120 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
360 thousand
Documents
Domain-Verification.pdf
(213.2 KB)
ROC-Verification.pdf
(59.5 KB)
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
Own office of 1,500 Sq. Ft. with 3 floors.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysConsultant, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysManager, Construction Materials, Chennai, Individual Investor / Buyer connected with the Business
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