Newly Established Residential Real Estate Construction Company Seeking Loan in Thane, India
Seeking business loan to complete 28 lakh sq ft residential-commercial project in Thane.
| 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 | Thane |
| Local Time | 6:15 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
11 million
for
10.0%
annual interest,
6
years
(Native Currency: INR 1,000,000,000)
Reason: - Funding requirement: Seeking capital to complete construction.
- Timeline: Estimated completion i...
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Collateral Available: USD 0
Includes physical assets worth
USD
27.6 million
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Business Overview
- Under construction large-scale residential and commercial real estate development planned on 22 acres of self-owned land in Thane.
- Total proposed development area of approximately 30 lakh sq. ft.
- Project includes around 3,500 residential flats across multiple configurations.
- Approximately 20% of the total development area allocated for commercial facilities.
- Commercial component planned to support retail, offices, and daily-use amenities.
- All major statutory approvals in place to commence construction.
- Received IOD approval to start project execution.
- Thane Municipal Corporation (TMC) building plans fully approved.
- Project designed for phased development to manage scale and capital efficiency.
- Promoted by an experienced real estate developer with over 15 years in the industry.
- Promoter has successfully developed approximately 2.5 lakh sq. ft. of projects to date.
- Total proposed development area of approximately 30 lakh sq. ft.
- Project includes around 3,500 residential flats across multiple configurations.
- Approximately 20% of the total development area allocated for commercial facilities.
- Commercial component planned to support retail, offices, and daily-use amenities.
- All major statutory approvals in place to commence construction.
- Received IOD approval to start project execution.
- Thane Municipal Corporation (TMC) building plans fully approved.
- Project designed for phased development to manage scale and capital efficiency.
- Promoted by an experienced real estate developer with over 15 years in the industry.
- Promoter has successfully developed approximately 2.5 lakh sq. ft. of projects to date.
Products & Services Overview
Residential apartments and integrated commercial spaces targeting urban homebuyers, businesses, and retailers in Thane.
Assets Overview
Tangible assets:- Land valued at INR 250 crore.
The assets are crucial for the project completeion and cannot be liquidated.
Facilities Overview
- Project scale: 30 lakh sq ft residential and commercial development.- Land ownership: Built on 22 acres of fully owned land.
- Residential offering: 3,500 flats planned.
- Commercial allocation: 20% of the total area reserved for commercial facilities.
Capitalization Overview
- Has no loans.- 3 directors - equal stakes.
Tags:
Newly Established Residential Real Estate Construction Company Seeking Loan in Thane, India
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