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Nursing Home Seeking Loan in Chennai, India

Sustainable, inter-generational senior living community offering residential, wellness, healthcare, and community-based living near Kanchipuram.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Home Care + 1 more
Locations  Chennai
Local Time 4:27 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 520 thousand for 12.0% annual interest, 3 years (Native Currency: INR 50,000,000)
Reason: The business is seeking a ₹5 crore loan to fund Phase 2 development. The funds will be used primaril... View More
Collateral Available: USD 520 thousand
Includes physical assets worth USD 720 thousand
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Business Overview
Established project: Under-development premium retirement community in Panapakkam, within the Chennai Metropolitan Area. Phase 1 has been completed and the project is now seeking funding for Phase 2.
Strong asset base: The project is being developed on approximately 11 acres of owned, DTCP-approved land, with existing infrastructure including compound walls, avenue trees, entrance, security office, model cottages, buildings, pathways, bore wells and underground water sumps.
Promoter experience: The promoter has significant experience in the agricultural industry, providing relevant experience in land development, sustainable living and community-oriented projects.
Clear revenue model: Revenue is expected from senior residential housing, supported by recurring services such as healthcare, dining, housekeeping, laundry, wellness, recreation, entertainment and community/spiritual activities. The residential units can also support rental-based income opportunities.
Large target market within the project: On completion, the development is planned to accommodate approximately 750 residents, creating a sizeable recurring-services opportunity.
Pre-revenue growth opportunity: The business is currently at the pre-revenue stage, with Phase 1 completed and Phase 2 requiring capital for further development.
Owner-funded development: The project has been funded through the promoters' own funds to date, demonstrating promoter commitment and capital already invested in the development.
Funding requirement: The business is currently seeking ₹5 crore for Phase 2 development, with physical assets valued at approximately ₹7 crore and collateral availability of ₹5 crore.
Regulatory foundation: The project is based on DTCP-approved plots, providing an established regulatory foundation for the development.
Business structure: The project operates through a Private Limited Company and currently has two directors.
Strategic location: Panapakkam is positioned within the Chennai Metropolitan Area, providing access to a growing urban and industrial region while retaining the advantages of a greener, quieter environment.
Current investor interest: Recent connections with a merchant bank director, accounting firm owner and M&A advisor, indicating early interest from financial and advisory professionals.
Awards / certifications: There are no major awards or operating certifications to claim at this stage. The profile states that IGPC certification is planned once operations commence.
Products & Services Overview
* Senior Residential Housing — The core offering for senior citizens seeking a safe, comfortable, independent and community-oriented living environment.

* Healthcare Support — Healthcare and wellness services for residents, providing convenient access to health-related assistance within the community.

* Dining Services — Nutritious and convenient daily meals for residents, reducing the burden of cooking and managing food independently.

* Housekeeping & Laundry — Domestic support services that help residents maintain their homes and manage routine household activities.

* Wellness & Recreation — Fitness, wellness, recreation and entertainment activities designed to promote active, healthy and socially connected living.

* Community & Spiritual Activities — Group activities, social gatherings and spiritual programmes that encourage companionship, engagement and a sense of community.

* Nature-Based Sustainable Living — An eco-friendly environment with greenery, open spaces and sustainable infrastructure, providing residents with a peaceful and healthy lifestyle.

* Who Uses the Services: Primarily senior citizens and retirees, with services designed to support independent living while providing security, healthcare access, social interaction and everyday conveniences.
Assets Overview
Tangible assets.
Approximately 11 acres of owned land in Panapakkam, Chennai Metropolitan Area, comprising DTCP-approved residential development plots.
Developed site infrastructure, including compound walls and boundary structures.
Main entrance gate and entrance infrastructure.
Security office.
Avenue trees and established landscaping.
Model cottages developed as part of Phase 1.
2,400 sq. ft. RCC building.
4,800 sq. ft. GI-roofed building.
Stone-paved internal pathways.
Auroville-crafted architectural and landscape elements.
3 bore wells for water supply.
3 underground water sumps.
Other completed site-development infrastructure associated with Phase 1.

Intangible assets.
DTCP approvals associated with the developed plots.
Completed Phase 1 development and project execution progress.
Promoter's experience, expertise and credibility, particularly in agriculture and sustainable development.
Established project concept and business model for an integrated senior-living community.
Development plans and master planning for Phase 2.
Established location and project positioning within the Chennai Metropolitan Area.
Brand/project identity and its sustainable, community-oriented senior-living concept.
Facilities Overview
The project is being developed on approximately 11 acres of owned land in Panapakkam, within the Chennai Metropolitan Area.
Phase 1 infrastructure has already been developed, including the compound wall, avenue trees, main entrance, security office, model cottages, stone-paved pathways and other supporting infrastructure.
The existing built-up facilities include a 2,400 sq. ft. RCC building and a 4,800 sq. ft. GI-roofed building, giving approximately 7,200 sq. ft. of existing built-up area.
The development also has three bore wells and three underground water sumps, along with other site infrastructure.
The facility is planned as a low-rise, nature-oriented residential community, rather than a conventional multi-storey nursing home.
The land and existing facilities are owned by the business; there are no rental or lease obligations associated with the property.
Phase 2 will expand the residential and community infrastructure, with the completed development planned to accommodate approximately 750 residents and provide integrated healthcare, dining, housekeeping, laundry, wellness, recreation and other community services.
Capitalization Overview
The project has been funded entirely through the owners' own funds to date and has no reported outstanding external loans or debt. The business is currently seeking a ₹5 crore loan for Phase 2 development.
Recent Activity
  • Director, Ahmedabad, Merchant Bank connected with the Business
  • Owner, Chennai, Accounting Firm connected with the Business
  • Director, Chennai, M&A Advisor 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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