Newly Established Commercial Real Estate Seeking Loan in Umargam, India
60% completed mixed-use project seeking funds for completion; expected revenue INR 30 crore post-completion.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Residential Real Estate Construction + 1 more |
| Locations | Umargam |
| Local Time | 9:38 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
570 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 50,000,000)
Reason: We are seeking funding to complete our project, which is currently 60% constructed and expected to b...
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Collateral Available: USD 0
Includes physical assets worth
USD
2.3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Domain-Verification.pdf
(213.8 KB)
Business Overview
- The project is a strategically located mixed-use commercial and residential development near the city railway station, enhancing accessibility and appeal.
- With 60% of the construction already completed, the business is seeking funding to finalize the project and bring it to fruition.
- We have successfully obtained construction permission from the local panchayat, ensuring compliance with regional governance and regulations.
- Post-completion, the project is projected to generate significant revenue of INR 30 crore over a span of 2.5 years, highlighting its profitability potential.
- The strategic location near a major transport hub positions the project to attract a diverse range of commercial tenants and residential buyers, enhancing marketability and investment appeal.
- With 60% of the construction already completed, the business is seeking funding to finalize the project and bring it to fruition.
- We have successfully obtained construction permission from the local panchayat, ensuring compliance with regional governance and regulations.
- Post-completion, the project is projected to generate significant revenue of INR 30 crore over a span of 2.5 years, highlighting its profitability potential.
- The strategic location near a major transport hub positions the project to attract a diverse range of commercial tenants and residential buyers, enhancing marketability and investment appeal.
Products & Services Overview
We are seeking funding to complete the construction of our mixed-use commercial and residential project, strategically located near the city railway station in Umargam, Gujarat.
Assets Overview
Tangible assets: Land worth INR 20 crore.The asset cannot be liquidated, as the project is being developed on the same land.
Facilities Overview
The project is being constructed on a 2.5-acre plot of land, featuring a total built-up area of 1,50,000 sq. ft. It comprises G+4 floors. The 2nd and 3rd floors will house 48 residential flats, while the ground floor will feature 85 commercial shops as part of a shopping mall. The property is strategically located in a prime area near the railway station.
Capitalization Overview
The project is entirely debt-free, with ownership shared between two partners in a 65:35 ratio.
Recent Activity
-
Earlier than 15 daysDirector, Ahmedabad, Merchant Bank connected with the Business
Tags:
Newly Established Residential Real Estate Construction Business Seeking Loan in Umargam, India
·Lend to Newly Established Residential Real Estate Construction Business in Umargam, India
·Newly Established Civil Construction Business Seeking Loan in Umargam, India
·Newly Established Residential Real Estate Construction Business Seeking Loan
·Newly Established Commercial Real Estate Seeking Loan in Umargam, India
·Lend to Newly Established Civil Construction Business in Umargam, India
·Lend to Newly Established Residential Real Estate Construction Business
·Newly Established Home Builder Business Seeking Loan in Umargam, India
·Newly Established Commercial Property Seeking Loan in Umargam, India
·Lend to Newly Established Commercial Real Estate in Umargam, India
·Lend to Newly Established Home Builder Business in Umargam, India
·Lend to Newly Established Commercial Property in Umargam, India
·Newly Established Civil Construction Business Seeking Loan
·Newly Established Commercial Real Estate Seeking Loan
·Lend to Newly Established Civil Construction Business
·Newly Established Home Builder Business Seeking Loan
·Newly Established Commercial Property Seeking Loan
·Lend to Newly Established Commercial Real Estate
·Lend to Newly Established Home Builder Business
·Lend to Newly Established Commercial Property
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