Residential Real Estate Construction Business Investment Opportunity in Mysore, India
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 114 thousand |
Run Rate Sales | USD 340 thousand |
EBITDA Margin | 40 % |
Industries | Residential Real Estate Construction |
Locations | Bengaluru + 1 more |
Local Time | 7:54 AM Asia / Kolkata |
Listed By | Management Member |
Status | Active |
- With over 12 years of promoter's industry experience, the business has demonstrated substantial success, notably achieving a 3.5x return on investment, showcasing its strategic prowess in the real estate market.
- The company has successfully completed two residential projects since commencement, reflecting its capability and commitment to delivering quality homes in the competitive real estate sector.
- Our revenue has significantly increased this year compared to last, driven by the successful completion of a major project.
- We own land for three upcoming residential projects in Bengaluru and Mysore, with the first set to commence in just one month, indicating strategic planning and readiness for expansion.
- Each project is planned over a three-year duration, allowing for meticulous attention to detail and high-quality construction standards.
- There are 2 permanent employees, with additional contract staff hired on a project-by-project basis.
- As a GST registered entity, the business ensures compliance with tax regulations, while the ongoing process to obtain RERA registration underscores their dedication to transparency and customer trust.
- The business's resilient and never-give-up attitude is a testament to their ability to learn from challenges and continuously improve, ensuring sustained growth and customer satisfaction in the real estate industry.
All developments are undertaken exclusively through joint development (JD) agreements, allowing the company to minimize upfront investment and risk while maximizing returns.
- One land parcel located in Bangalore.
- Two land parcels in Mysore, including one KAIDB-allotted property.
Owned land:
- Mysore: 1.5 acres.
- Bangalore (apartment construction): 3,500 sq. ft. land area.
- Mysore JD development: 2 acres under owned joint development.
Upcoming projects (under contract discussions):
- Mysore row houses: Joint development discussions in progress.
- Mysore retirement homes: Joint development discussions in progress.
Office location: AECS Layout, Bengaluru (rented premises)
It operates as a sole proprietorship with no outstanding loans or liabilities.
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2 weeks, 1 day agoEntrepreneur & Investor, F&B, Brewing, Bengaluru, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysIndividual, Investor, Meerut, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business