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
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 160 thousand
EBITDA Margin 25 %
Industries Residential Real Estate
Locations  Jaipur
Local Time 3:11 PM Jaipur
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 40 million 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: USD 40 million
Includes physical assets worth USD 2 million
Interested to connect with advisors
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Business Name
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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
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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