Real Estate Construction Business Investment Opportunity in Mumbai, India

- Real estate developer in Mumbai with successful projects in Mumbai and Karnataka.

- Have completed 7 large real estate projects in the past out of which 4 of them were partnerships.

- Experience developing over 3,00,000 sq. ft. of real estate.

- Outsource the construction work to 3rd party construction service providers.

- Intend to develop 3 properties in Mumbai at Mankhurd, Chembur and, Bhandup respectively.

- For the Mankurd project its a redevelopment project which will be a residential project with 14 floors, we are in the process of securing the Transfer of Development Rights (TDR) Commencement certificate in hand awaiting for amended approval. The total construction area is 35,000 square feet and our sale component is 14,000 square feet Carpet.

- For the Chembur project which is redevelopment project under Slum Rehabilation Development a residential real estate project with 12 floors, along with a commercial complex, rehabilitation of slum dwellers, we have already secured the consent from the individuals as well as signed the Development agreement & POA with the proposed society under SRA scheme and signed Registered Development agreement & POA with the landlords. The total construction area is 60,000 square feet our sale component is 22,000 square feet.

- For the Bhandup project its a vacant land parcel, which will be an affordable residential real estate project with 14 floors. we have already partially paid for the land worth INR 15.5 cr. The balance to be paid is INR 7 cr. The total construction area is 30,000 square feet and our sale component is 23,000 square feet.

- The estimated value for the Mankhurd, Chembur and, Bhandup projects are INR 30 cr. , INR 80 cr. , and INR 35 cr. respectively.

- The development period for the Mankhurd, Chembur and, Bhandup projects are 24 months, 36 months, and 24 months respectively.

- In addition to real estate development, the company is also engaged in the trading of real estate properties.

- The physical assets owned by the business include land, apartments and other operating assets.

Real estate development and trading of real estate properties.

Leased office space at Chembur in Mumbai.