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Profitable Residential Real Estate Seeking Loan in Jaipur, India

Company is seeking funds to develop an affordable housing project for low and mid income section.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales INR 1 crore
Run Rate Sales INR 1.2 crore
EBITDA Margin 25 %
Industries Residential Real Estate
Locations  Jaipur
Local Time 7:25 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 300 crore for 10.0% annual interest, 3 years (Native Currency: INR 3,000,000,000)
Reason: For acquiring 120 hectare land and start the development & construction work.
Collateral Available: INR 300 crore
Includes physical assets worth INR 15 crore
Interested to connect with advisors
Documents
Business Overview
- It's a real estate company that has completed 15+ large projects since inception. Our company largely works on government projects.
- Looking to raise funds to develop affordable houses for low and mid income section.
- Have identified a land of 120 hectare near NH 8 and funds will be used for acquiring the land and developing the project.
- The land is located 26 km away from Jaipur.
- About 70% of land will be used for constructing houses for low income section and rest 30% for mid income section.
- Promoters are in the construction business since 1981.
- Have experience in construction of residential flats through JV, various big & small contract jobs. Have constructed universities, colleges, school and auditorium in the past.
- Business owned assets include few lands and machinery owned by the company.
Products & Services Overview
Construction of houses, universities, colleges, school & auditorium.
Facilities Overview
- Rented 3,500 sq ft office in Jaipur.
- Company also owns a few lands and machinery.
- Each affordable house on the 120 hectare land will range from 50 to 100 square yards.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    M&A Business Broker, São Paulo, Business Broker connected with the Business
  • Earlier than 15 days
    Managing Partner, Pune, M&A Advisor connected with the Business
  • Earlier than 15 days
    Independent Advisor, Bengaluru, Business Broker 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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