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Land Developers Company Seeking Loan in Gonda, India

Company develops residential land and designs the layout before selling it to customers.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 176 thousand
Run Rate Sales USD 197 thousand
EBITDA Margin 20 %
Industries Land Developers
Locations  Gonda
Local Time 5:32 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 590 thousand for 10.0% annual interest, 3 years (Native Currency: INR 50,000,000)
Reason: To buy more properties in other cities.
Collateral Available: USD 590 thousand
Includes physical assets worth USD 1.05 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
Our company is operational since 2016 and have registered the entity as private limited in 2019. Company buys the land from farmers, develops it and designs the layout before selling it to individual customers. After buying the vacant land, we design the plot (ranging from 800 sq ft to 2,500 sq ft) and make the site ready with basic amenities. Over the years, we have sold properties to more than 1,000 customers.
Business currently owns two land parcels in Gonda of 20 Bigha and 11 Bigha respectively. We are also in the process of buying another land of 25 Bigha in Lucknow.
Products & Services Overview
Develops land and designs plots ranging from 800 sq ft to 2,500 sq ft.
Facilities Overview
Have a rented office in Gonda of 800 sq ft.
Capitalization Overview
Not Disclosed
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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