Newly Established Land Developers Business Investment Opportunity in Chennai, India
Established | 0-1 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Land Developers + 1 more |
Locations | Chennai |
Local Time | 3:24 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Completed projects: Successfully completed over 10 residential and mixed-use projects, demonstrating a strong track record of delivering quality developments.
- Current funding need: Seeking funding for upcoming project focused on land development into a residential project of high rise apartment building complexes in Chennai. Revenue will be generated by sale of these residential apartments after getting approval from DTCP.
- Promoter experience: Extensive experience in land development, project management, and residential construction.
- Future vision: Expanding into high-rise buildings and large-scale residential plots to meet growing market demand. The business is projecting a turnover of INR 20 Cr for the next financial year.
- Strong relationships: Established partnerships with contractors, architects, local authorities, and real estate investors to ensure project success.
These apartments will be sold to individual buyers, families, and real estate investors looking for modern, well-constructed homes in prime locations.
> Overdraft loan - INR 87 lakh from Axis Bank.
> Overdraft loan - INR 107 lakh from ICICI Bank.
> Business loan - INR 10 lakh from Axis Bank.
> SMFG Loan - INR 81 lakh from India Credit (mortgage loan)
Sole proprietorship business.
-
Earlier than 15 daysManaging Director, Real Estate Constructions, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Chennai, Financial Consultant connected with the Business