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Newly Established Residential Real Estate Construction Company Seeking Loan in Kolkata, India

Residential real estate construction company with 45+ years experience, currently completing a 26-flat housing project.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Kolkata
Local Time 3:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 58 thousand for 10.0% annual interest, 1 year (Native Currency: INR 5,000,000)
Reason: - Seeking funds to complete the ongoing construction project and begin full-scale operations. - The... View More
Collateral Available: USD 0
Includes physical assets worth USD 410 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- The business is a real estate construction company currently working on a residential project with 2 blocks and a total of 26 flats.
- The project is expected to be completed by the end of next year, with the RERA approval process currently underway.
- Seeking funds to complete construction and support remaining development activities.
- Operates with a valid GST certificate, ensuring compliance with regulatory norms.
- The value of existing assets exceeds the loan amount, but they are essential for ongoing business operations and cannot be liquidated.
Products & Services Overview
The business has over 45 years of experience and specializes in residential real estate construction.
Assets Overview
The business owns 9 flats currently valued at INR 3.5 crores.
Facilities Overview
The business operates from a rented office in Kolkata.
Capitalization Overview
The busines is owned by 2 partners.
There are no debts in the business.
Recent Activity
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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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