Residential Real Estate Construction Business Investment Opportunity in Tirupati, India
Established | 20-30 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | Nil |
Run Rate Sales | USD 274 thousand |
EBITDA Margin | 40 % |
Industries | Residential Real Estate Construction |
Locations | Tirupati |
Local Time | 12:42 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Company offers services like the construction of residential buildings, apartments, open plots, villa plots, and layouts.
- Company to date has completed 7 ventures of open residential plots and 6 ventures of residential apartment buildings and villas.
- Seeking funds for the new project that is a G+5 apartment building in Sri City near Tirupati.
- The project consists of 30 apartments in an area of 1,472 sq yards. The promoter has an agreement with the land partner and will get 21 apartments out of 30 apartments.
- Project has all the legal approvals required.
- The project is completed up to the plinth level and will require 12-15 months to complete the entire project.
- Investor will get a 25% stake in the 21 apartments.
- Due to Covid, revenue was low last year, but the sales have increased now. Revenue figures are for the project and not the company.
- The company has no loans and has one owner.
- Intangible assets include a website.
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Earlier than 15 daysManaging Director, Electrical Equipment Manufacturer, Chittoor, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysIndependent Advisor, Hyderabad, Financial Consultant connected with the Business
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Earlier than 15 daysFunctional Consultant, Pharmaceuticals, London, Individual Investor / Buyer connected with the Business