Rented Commercial Property Seeking Loan in Pune, India

- The business plans on constructing a warehouse to be rented once complete.

- Have taken a 1.55 lakh sq. ft. land on rent for 20 years.

- Received the sanction from the Government of Pune to construct a 1 lakh sq. ft. warehouse.

- The business will generate revenue by renting the warehouse.

- Rental rate of the warehouse based on the market requirement is INR 75-80 thousand per month.

- Plan to complete the construction by the second month of next year as a potential client has already been secured.

- Construction will start once the investment is received.

- There is only one shareholder in the business.

- Business is debt-free.

Planning to construct a warehouse and rent it to corporates.

Have deposited INR 1.18 crore for the authorized challan and warehouse contract amount of INR 12 crores.

1 lakh sq. ft. built-up sanction with 1.55 sq. ft. leased land space.