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Real Estate Construction Business Seeking Loan in Chennai, India

Construction of residential and commercial projects having tie ups with 4 contractors in Chennai.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 500 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 20 %
Industries Real Estate Construction
Locations  Chennai
Local Time 4:59 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 500 thousand for 15.0% annual interest, 3 years (Native Currency: INR 40,000,000)
Reason: We got approval for a residential project measuring 57,500 sqft (S+5), and 75 units of villa project... View More
Collateral Available: USD 1.1 million
Includes physical assets worth USD 120 thousand
Interested to connect with advisors
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Business Overview

- We construct residential projects.

- We are currently running 1 project in Chennai worth INR 9 crore.

- We have completed 1 project in and around Chennai worth INR 18 cr.

- We have already signed a joint venture for INR 60 crores as on date.

- We have tie-ups with 4 contractors.

- Promoter has 5 years of industry experience.

- We are open to investors from anywhere across the globe.

Products & Services Overview

Affordable housing, EWS segment, Under PMAY scheme.

Assets Overview

Tangible asset: properties worth 1 cr.

Intangible: 75 lakhs receivables.

Facilities Overview

Own office 1200 sqft, with 15 permanent staffs and 60 contract labours.

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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