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.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Locations
Local Time
1:25 AM India
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 700 thousand for 18.0% annual interest, 1.0 years (Native Currency: INR 50,000,000)
Reason: To buy the land and start selling.
Collateral Available: USD 5 million
Includes physical assets worth USD 1.4 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.

Products & Services Overview

Construction company working on a residential project that will have 1,200 villas once completed.

Facilities Overview
Recent Activity
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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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