Newly Established Land Developers Business Seeking Loan in Erode, India
Funding sought for prime 1.4‐acre residential land development project, 30 plots, guided by seasoned promoter.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Land Developers |
| Locations | Erode |
| Local Time | 6:01 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
260 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 25,000,000)
Reason: Seeking funding to acquire land and develop it into residential plots. Development is expected to ta...
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Collateral Available: USD 0
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Business Overview
- The business is seeking funding to develop a 1.4-acre residential land development project comprising 30 planned residential plots.
- An advance payment has already been made towards acquiring the land, demonstrating initial financial commitment to the project.
- The development plan focuses on creating residential plots for prospective homebuyers.
- The promoter brings approximately 14 years of industry experience and has successfully completed 8 projects, demonstrating experience in project execution and delivery.
- RERA registration and municipal approvals are planned to be obtained after the land acquisition is completed.
- The project offers an opportunity for investors to participate in a residential land development venture, supported by the promoter’s prior project experience.
- An advance payment has already been made towards acquiring the land, demonstrating initial financial commitment to the project.
- The development plan focuses on creating residential plots for prospective homebuyers.
- The promoter brings approximately 14 years of industry experience and has successfully completed 8 projects, demonstrating experience in project execution and delivery.
- RERA registration and municipal approvals are planned to be obtained after the land acquisition is completed.
- The project offers an opportunity for investors to participate in a residential land development venture, supported by the promoter’s prior project experience.
Products & Services Overview
Planned residential plots for individual homebuyers and property investors seeking opportunities in a residential land development project.
Assets Overview
An advance payment has already been made toward acquiring the land. The promoter brings 14 years of industry experience and has successfully completed eight projects, demonstrating proven capability in execution and delivery.
Facilities Overview
An advance payment has already been made toward acquiring 1.4 acres of land, which will be fully acquired after funding. The development plan includes 30 residential plots, strategically located on the Erode Outer Ring Road.The company is registered in Namakkal.
Capitalization Overview
Has no loans. The company is structured with three equal partners.
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