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

Mumbai based real estate developer seeking funds for a real estate project in Nashik.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 1.46 million
EBITDA Margin 30 - 40 %
Industries Residential Real Estate Construction
Locations  Mumbai
Local Time 4:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 227 thousand for 12.0% annual interest, 1 year (Native Currency: INR 20,000,000)
Reason: We are seeking an investment of INR 2 crore to finish under-construction project. Construction work ... View More
Collateral Available: USD 570 thousand
Includes physical assets worth USD 1.13 million
Interested to connect with advisors
Documents
Business Overview
- The business operates in the residential real estate construction industry, with a focus on building construction for both residential and commercial properties, as well as real estate sales, primarily located in Mumbai.
- With a team of 25 employees, the business is led by promoters with over 20 years of experience in the real estate and civil construction sector, indicating a level of expertise and industry knowledge within the leadership team. We also have connections with contractors who help us with the construction process.
- Our company's strategic focus on providing supersized homes at affordable rates may present a competitive advantage in the market, potentially leading to easier and quicker sales.
- The current construction project is at the fifth-floor stage, suggesting that the business is actively engaged in the construction process and has progressed to a certain level of completion, offering potential investors a clear understanding of the current status of their projects.
- The geographical location of Mumbai offers opportunities for real estate development and sales due to the high demand for properties in this metropolitan area, presenting the company.
- The business provides a comprehensive range of services, encompassing both building construction for residential and commercial purposes, as well as real estate sales, indicating multiple revenues.
- The company is registered in Mumbai but the land is located in Nashik.
- We hold the necessary GST, MCA, and AoA certificates and licenses.
Products & Services Overview
Our top services include building construction for residential and commercial uses and sales of real estate units.
Assets Overview
Tangible assets include:
A land worth INR 3.5 cr.
Constructed area upto sixth slab.
Intangible assets include:
TDR and Expenses against all the permissions.
Facilities Overview
The business operates from a RERA registered property in Nashik, Maharashtra.
Capitalization Overview
The business is a self-funded enterprise.
Total investment is done by promoters only. No debts and no liability. we have 2 (two) shareholders.
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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