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Real Estate Construction Business Seeking Loan in Kolkata, India

Real estate construction company, seeks funding to buy an office space in Salt Lake, Kolkata.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 118 thousand
Run Rate Sales USD 127 thousand
EBITDA Margin 24 %
Industries Real Estate Construction
Locations  Kolkata
Local Time 12:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 59 thousand for 11.0% annual interest, 8 years (Native Currency: INR 5,000,000)
Reason: To buy the office space which is located on a 24 floor building in Salt Lake sector 5.
Collateral Available: USD 35.4 thousand
Includes physical assets worth USD 5.9 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
Real estate construction company that has completed more than 6 projects in different parts in Kolkata. We are looking for funds to buy an office space in Salt Lake sector 5 with an intention to rent it out to companies. The office space is located inside a 24 storey building and it's already occupied by a company on rent of INR 1.6 lakh per month.
After buying this office space, we would generate 90% of revenue from our regular construction business and rest 10% revenue from office rental business. We are in the final stage of acquiring this office space and require funds for stamp duty and registration.
Since we are a real estate company, most of our work is on site. Business owned assets include furniture and laptops. After buying this office space, it will also become our asset.
Products & Services Overview
Real estate construction services.
Facilities Overview
1. Corporate office is 300 sq ft on rent.
2. The office space we are planning to buy is on 9th floor of a 24 storey building. The total carpet area is 2,669 sq ft.
Capitalization Overview
Not Disclosed
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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