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Resort Seeking Loan in Udaipur, India

Luxury resort in the tourist destination of Udaipur, Rajasthan seeks startup funding.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Udaipur
Local Time 2:02 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 180 thousand for 10.0% annual interest, 15 years (Native Currency: INR 15,000,000)
Reason: Need funds to complete construction of luxury resort.
Collateral Available: USD 120 thousand
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
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Business Name
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Business Overview

Owner was previously handling a farmhouse in Udaipur, Rajasthan, and now wants to start his own resort.

Resort will be built on a 3-acre land that the promotor owns.

The primary clients will be from all over India and abroad who come to visit Udaipur which is a popular tourist destination.

Owner is in the process of obtaining a NOC certificate from the gram panchayat.

Products & Services Overview

Planning to build a 15 rooms luxury cottage with modern amenities: swimming pool, yoga center, dinner hall, lavish garden.

Assets Overview

Own land of 3 acres in Udaipur, Rajasthan.

Facilities Overview

Total area of 3 acres land including 2 big garden and swimming pool.

Land is located in Gogunda town, Udaipur.

Capitalization Overview

The construction is yet to start operation and there are no loans as of now.

The company has 2 directors.

Recent Activity
  • Earlier than 15 days
    Founder & CEO, Delhi, Business Broker connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with 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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