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

Seeking funds to construct Eco friendly self sustaining village with wooden houses and apartments.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Local Time
10:41 AM Thiruvananthapuram
Listed By
Management Member
Status
Active
Overall Rating
Seeking Loan
USD 3 million for 15.0% annual interest, 2.0 years (Native Currency: INR 200,000,000)
Reason: Purchase the other part of the land and develop villas and apartments.
Collateral Available: USD 0
Includes physical assets worth USD 900 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Newly established real estate company that would construct eco-friendly 200 apartments and 100 villas (wooden homes)

- This will be a self sustaining village with own organic farming, poultry, and live stock.

- The agricultural yield would be consumed by the community and balance would be sold in open market.

- The concept is to live in harmony with nature more of giving than taking.

- The total area size of the land is 20 acre out of which we own 1 / 3rd and are seeking funds to buy and develop the rest 2 / 3rd of land.

- Post acquisition, we aim to construct 100 villas & 200 apartments on the same.

- The facility will have all basic amenities like parking space, swimming pool, WiFi, party rooms, gym and many more.

- Company is planning to register under RERA once we receive the funds.

- Owners of this company have been in the real estate sector since the last 10 years.

Products & Services Overview

Currently we have sold 34 villas on 1 / 3 rd land. The project is planned approval for 100 villas & 200 apartments and other necessary amenities on the entire 20 acres.

Facilities Overview
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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