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

Residential real estate project in Kurnool with 25% completion, seeking funding for completion.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Kurnool
Local Time 10:31 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 115 thousand for 18.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: Seeking funds for completion of the residential real estate project. The investor will be given sta... View More
Collateral Available: USD 0
Includes physical assets worth USD 290 thousand
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Business Name
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Business Overview
- Residential apartment project situated in the rapidly growing city of Kurnool, offering a strategic location for residential real estate development due to increasing urbanization and demand for quality housing.
- The project has already achieved 25% completion, demonstrating progress towards its final stages.
- Development consists of a single building with 15 flats, providing a manageable scale for construction and future management.
- The project offers essential amenities including a generator, parking facilities, and CCTV security.
- Upon completion, all 15 flats will be available for sale, providing a clear exit strategy for investors with the potential for capital appreciation.
Products & Services Overview
Residential 2BHK and 3BHK flats with essential amenities such as generator, parking facilities, and CCTV security.
All the flats will be on sale post completion.
Assets Overview
Physical assets include the value of the land owned for the project and structures completed.
Facilities Overview
Own land of 12 cents located in central Kurnool.
Capitalization Overview
Business is self-funded.
No outstanding loans.
There are 2 shareholders in the business.
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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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