↩ Go Back
Need help?

Newly Established Residential Real Estate Construction Business Seeking Loan in Mumbai, India

Real-estate project seeks EUR 60K funding for phase completion.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Mumbai
Local Time 3:03 AM Europe / Helsinki
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 64 thousand for 18.0% annual interest, 1 year (Native Currency: EUR 60,000)
Reason: I have a real estate project ongoing in India, in the vicinity of Mumbai (Shahapur). This project wo... View More
Collateral Available: USD 110 thousand
Includes physical assets worth USD 850 thousand
Interested to connect with advisors
Documents
Business Overview

-Town planning has been approved.

-Currently, internal roads are laid out and soil/ground works are completed. Plantation of roadside plants with (8km of) irrigation systems started.

- Surveys have been completed and approved.

- Plot markings and their title registrations are completed and approved.

- Full fencing has been done.

- The location is near a riverside with a high wall (erosion protection)

- Architectural designs are completed and approved.

- Irrigation system to plots is under completion (for streetside plantations)

- 83 villas with gardens and a pool is being planned to be constructed.

- The project aims at commercial launch in 2024 May.

- Right now the final stage is the conversion process to commercial property.

- The promotor is a partner who is based in Helsinki, the land is owned by the other partner who is located in Mumbai until conversion to commercial property is finished.

Products & Services Overview

16 acres residential development of 83 villas.

Assets Overview

- 16 acres of land under review from conversion to commercial property.

- Very advanced stage groundwork has been laid.

- We have a 2-story office space.

Facilities Overview

Own property: 16 acres of land with town planning has been approved in Shahapur, Mumbai.

Capitalization Overview

- Self-financed by partners.

- two partners each with an equal stake.

- Project has no loans or liabilities.

-

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more