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Residential Real Estate Construction Business Seeking Loan in Bangalore, India

Company that has developed and sold over 400 plots since inception seeks funds.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 1.1 million
Run Rate Sales USD 1.6 million
EBITDA Margin 25 %
Industries Residential Real Estate Construction
Locations  Bangalore
Local Time 2:30 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 2.7 million for 12.0% annual interest, 3 years (Native Currency: INR 200,000,000)
Reason: Funds are required to develop the acquired 32 acre land and to construct the villas.
Collateral Available: USD 2.7 million
Includes physical assets worth USD 7 million
Interested to connect with advisors
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Business Name
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Business Overview

- Our firm designs and constructs new office structures, large family residences, and cutting-edge eco homes.

- We have developed and sold over 400 plots since inception.

- We develop retail, F&B, corporate spaces as well as luxury residential interiors.

- Due to the lockdown, we had seen a drop in our revenues last year as the operations were shut. At present, we have 2 ongoing projects.

- For the projects we have acquired more than 40 acres and almost awaiting sanctions to start the development of the project, we have signed MoU for 45 acres plot, and registration is underway.

- Looking for funding to develop acquired land and construction of villas to higher income and middle-income groups.

- The 32 acre acquired land project is to construct 477 plots along with the clubhouse amenities.

- The construction of the villas on 6 acres land will have a plotted area of 1,500 sq. ft. per villa and 2,500 sq. ft. to 3,000 sq. ft. built-up area with other amenities.

- All the projects are located on NH207 just 8 km away from ITPL and Whitefield.

Products & Services Overview

- Identifying and acquiring land parcels.

- Conceptualising and designing homes.

- Handling construction activities and delivering the final product.

Assets Overview

Office space of 2,000 sq. ft. , unsold inventory of 45 plots worth INR 15 crore, acquired 32 acre land worth INR 20 crore and an acquired land of 6 acre land.

Facilities Overview

Fully furnished and owned office space of 2,000 sq. ft. Comprising of workstations, conference room for 14 people, a cabin, legal and accounts division, reception, and pantry.

Recent Activity
  • Earlier than 15 days
    Director, Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Individual Advisor, Mumbai, Business Broker connected with the Business
  • Earlier than 15 days
    MD, Bangalore, Financial Consultant connected with the Business
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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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