Newly Established Commercial Real Estate Seeking Loan in Cuttack, India
Commercial real estate development project seeks funding to obtain approvals and commence G+4 construction.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Commercial Real Estate |
| Locations | Cuttack |
| Local Time | 10:52 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
470 thousand
for
10.0%
annual interest,
4
years
(Native Currency: INR 45,000,000)
Reason: Seeking funding to obtain necessary approvals and commence construction, with operations anticipated...
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Collateral Available: USD 0
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Business Overview
- Real estate development project focused on constructing a commercial G+4 building in a prime city-center wholesale market location.
- Project is being developed on a 5,600 sq. ft. land parcel through a signed Joint Venture (JV) agreement with the landowner.
- Strategically located in a high-footfall cloth wholesale market, offering strong potential for retail, office, showroom, and commercial leasing demand.
- Revenue is expected to be generated through the sale and/or leasing of commercial units within the completed development.
- Basic floor planning and project conceptualization have already been completed, providing a foundation for project execution.
- Joint venture agreement with the landowner is already in place, reducing land acquisition requirements and facilitating project development.
- Funding is being sought to obtain regulatory approvals, commence construction activities, and accelerate project execution.
- RERA registration and city development approvals are planned and will be obtained prior to project implementation.
- Benefits from a central commercial location with strong business activity, established trade networks, and year-round customer traffic.
- Suitable for investors seeking participation in a commercial real estate development project with significant location-driven growth potential.
- Project is being developed on a 5,600 sq. ft. land parcel through a signed Joint Venture (JV) agreement with the landowner.
- Strategically located in a high-footfall cloth wholesale market, offering strong potential for retail, office, showroom, and commercial leasing demand.
- Revenue is expected to be generated through the sale and/or leasing of commercial units within the completed development.
- Basic floor planning and project conceptualization have already been completed, providing a foundation for project execution.
- Joint venture agreement with the landowner is already in place, reducing land acquisition requirements and facilitating project development.
- Funding is being sought to obtain regulatory approvals, commence construction activities, and accelerate project execution.
- RERA registration and city development approvals are planned and will be obtained prior to project implementation.
- Benefits from a central commercial location with strong business activity, established trade networks, and year-round customer traffic.
- Suitable for investors seeking participation in a commercial real estate development project with significant location-driven growth potential.
Products & Services Overview
Commercial retail shops, showrooms, office spaces, and business premises targeting wholesalers, retailers, traders, and commercial enterprises.
Assets Overview
Intangible asset:- Joint venture signed with the landowner for a prime city‑center location, ensuring strategic positioning and long‑term value creation.
Facilities Overview
Joint venture signed with the landowner for a prime city‑center location in the cloth wholesale market. The site comprises 5,600 sq. ft. of land, with plans to develop a G+4 structure featuring commercial outlets.
Capitalization Overview
- Has no loans.- Single-director venture.
Recent Activity
-
Earlier than 15 daysPartner, Mumbai, Financial Consultant connected with the Business
Tags:
Newly Established Commercial Real Estate Seeking Loan in Cuttack, India
·Newly Established Commercial Property Seeking Loan in Cuttack, India
·Lend to Newly Established Commercial Real Estate in Cuttack, India
·Lend to Newly Established Commercial Property in Cuttack, India
·Newly Established Commercial Real Estate Seeking Loan
·Newly Established Commercial Property Seeking Loan
·Lend to Newly Established Commercial Real Estate
·Lend to Newly Established Commercial Property
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