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Real Estate Construction Company Seeking Loan in Varanasi, India

Real estate construction company based out of Varanasi seeks funding for an ongoing hotel project.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 220 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 18 %
Industries Real Estate Construction + 1 more
Locations  Varanasi
Local Time 3:54 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 20.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: To complete an ongoing hotel project in Varanasi.
Collateral Available: USD 240 thousand
Includes physical assets worth USD 600 thousand
Interested to connect with advisors
Documents
Business Overview

- We are a construction real estate company based out of Varanasi.

- Business was established 3 years ago and was incorporated as a Private limited entity in Sept. 2018.

- We do both commercial & residential projects.

- Till now we have completed 2 commercial and 3 residential projects in Varanasi.

- Have one ongoing project in heart of Varanasi city. It is a hotel project on a 1.5 acre land. We have already acquired the land.

- Our company will be involved in design, planning and construction of the entire building. We will be outsourcing the labor and equipment needed for construction.

- We use social media marketing for advertising activities.

Products & Services Overview

Both residential and commercial buildings.

Facilities Overview

Office space is 1,000 sqft and it is owned by the company.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Business Development, India, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with the Business
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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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