Residential Real Estate Construction Business Seeking Loan in Chennai, India
Business requires funds for a residential housing project that will have 1,200 villas once complete.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Residential Real Estate Construction |
| Locations | Chennai |
| Local Time | 12:37 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
580 thousand
for
18.0%
annual interest,
1
year
(Native Currency: INR 50,000,000)
Reason: To buy the land and start selling.
Collateral Available: USD 4.1 million
Includes physical assets worth
USD
1.17 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- A construction business based in Chennai, that started operations in 2010.
- We are currently working on a large residential housing project for which we require funds.
- Have purchased 6 acres land.
- The project once completed would have 1,200 villas.
- Project is expected to be completed within the next 1 years.
- Each villa would have ground + 1 floor and a built up area of 800 Sq. Ft.
- We have completed various residential real estate projects in Chennai and the owner has 13 years of experience in this industry.
- Physical assets include value of land and equipment.
- We are currently working on a large residential housing project for which we require funds.
- Have purchased 6 acres land.
- The project once completed would have 1,200 villas.
- Project is expected to be completed within the next 1 years.
- Each villa would have ground + 1 floor and a built up area of 800 Sq. Ft.
- We have completed various residential real estate projects in Chennai and the owner has 13 years of experience in this industry.
- Physical assets include value of land and equipment.
Products & Services Overview
Construction company working on a residential project that will have 1,200 villas once completed.
Facilities Overview
Have 6 acres of land that is owned by the company.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Chennai, Accounting Firm connected with the Business
-
Earlier than 15 daysDirector, Real Estate Construction, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Partner, Chennai, Financial Consultant connected with the Business
Tags:
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