Residential Real Estate Construction Business Seeking Loan in Bangalore, India
|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|
|Local Time||2:30 AM Asia / Kolkata|
|Listed By||Management Member|
- 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.
- Identifying and acquiring land parcels.
- Conceptualising and designing homes.
- Handling construction activities and delivering the final product.
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.
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.
Earlier than 15 daysDirector, Delhi, Financial Consultant connected with the Business
Earlier than 15 daysIndividual Advisor, Mumbai, Business Broker connected with the Business
Earlier than 15 daysMD, Bangalore, Financial Consultant connected with the Business