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Residential Real Estate Construction Business Seeking Loan in Dombivli, India

Plan to construct 12 buildings of 24 storey each with built-up area of 181,650 sq mt.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 35 %
Industries Residential Real Estate Construction
Locations  Dombivli
Local Time 3:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 million for 5.0% annual interest, 10 years (Native Currency: INR 1,000,000,000)
Reason: To complete construction of 12 buildings of 24 storey each. We are also open to complete these proje... View More
Collateral Available: USD 14 million
Includes physical assets worth USD 14 million
Interested to connect with advisors
Documents
Business Overview

- A construction business based in Dombivli, that started operations in 2018.

- We undertake residential projects and have completed 4 projects till date.

- Have received approval for a large residential housing project for which we require funds.

- In phase 1 of the project we will be constructing 2 buildings of 24 storeys each.

- There will be a combined total of 288 flats in the 2 buildings.

- The land taken has an area of 7 acres.

- The entire project cost will be Rs. 320 core.

- We expect to generate revenue of Rs. 926 crore from this project.

- Promoters have 10 years of experience in the construction industry.

Products & Services Overview

Construction of residential and commercial real estate projects in Maharashtra.

Facilities Overview

Land 7 acres. Potential total built up area will be 181,650 sq mt in 12 buildings of 24 levels each.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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