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Residential Real Estate Construction Business Seeking Loan in Amravati, India

Seeking funds to purchase 13K sqft land for commercial cum residential development project.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 9 thousand
Run Rate Sales USD 20.3 thousand
EBITDA Margin 15 %
Industries Residential Real Estate Construction
Locations  Amravati
Local Time 9:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 450 thousand for 12.0% annual interest, 5 years (Native Currency: INR 40,000,000)
Reason: Want to expand my business by taking on bigger projects and working with more clients.
Collateral Available: USD 113 thousand
Includes physical assets worth USD 11.3 thousand
Interested to connect with advisors
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Business Name
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Business Overview
1. Seeking funds to purchase 13K sqft land for a commercial cum residential development project in Amravati.
2. Experienced in small-scale residential projects with over 30 satisfied customers.
3. Project will include a 12-floor building with apartments.
4. Well-established in the residential real estate construction industry.
5. Trustworthy track record of success.
6. Plan of the project is ready and we have finalized the property for purchase.
Products & Services Overview
We are into small scale residential projects in Amravati.
We are going to build a commercial and residential project with apartments across 12 floor.
Assets Overview
Business has a computer, office set-up and a few tools as physical assets.
Facilities Overview
We are planning to develop 70,000 sqft total construction area with residential and commercial units.
We have a small rented office in our home.
Capitalization Overview
Business does not have any loans or liabilities.
Business has a single owner.
Investor will get a share in the property as collateral.
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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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