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Profitable Real Estate Construction Company Seeking Loan in Bangalore, India

A Real Estate Company Focusing On Developing Layouts In And Around Bangalore City Is Seeking Funds For Business Expansion.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 240 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 50 %
Industries Real Estate Construction
Locations  Bangalore
Local Time 6:29 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 120 thousand for 40.0% annual interest, Undisclosed year (Native Currency: INR 10,000,000)
Reason: Can provide land as collateral. Funds for business expansion.
Collateral Available: USD 120 thousand
Documents
Business Overview

We were operating as a proprietorship firm and converted to a Private Ltd in the year 2014. We are currently working on 2 projects and are expecting a profit of Rs. 2.5 CR for this financial year. By FY 2018, we will be touching a revenue number of Rs. 12 CR and generate profits to the tune of Rs. 6 CR. Projection is based on the current projects in hand.

Our company is targeting on developing cities like Tumkur & Kolar due to its proximity to Bangalore and these two cities are being developed as the main industrial hubs. Moreover these cities currently have only small time developers who are developing unorganized residential layouts & as the city is expanding mainly into industrial hub, lot of professionals are moving into the city, who is in need of a decent living place with luxury amenities.

Products & Services Overview

GEEJESH DEVELOPERS is now focusing to expand its business further in to:

1. Construction of villas.

2. Development of Villa Plots.

3. Apartments.

4. Commercial complex.

Facilities Overview

15 Acres.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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