Residential Real Estate Construction Business Seeking Loan in Dharwad, India
Residential real estate developer delivering premium apartments with strong pre-sales, seeking business loan.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 900 thousand - 1 million |
| Run Rate Sales | USD 990 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Residential Real Estate Construction |
| Locations | Dharwad |
| Local Time | 9:48 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
1.1 million
for
18.0%
annual interest,
2
years
(Native Currency: INR 100,000,000)
Reason: The loan is intended to fund business expansion in line with market opportunities. We are currently ...
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Collateral Available: USD 1.98 million
Includes physical assets worth
USD
3 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Certificate of Incorporation
(70.9 KB)
Business Overview
- Located in Hubballi, our company specializes in residential real estate construction, focusing on creating high-quality apartments and premium living spaces.
- Founded by a marketing expert with over 20 years of experience and two civil engineers boasting a combined 40+ years of expertise, we bring extensive knowledge to the real estate market.
- Our first project features 16 residential units, each measuring 1,250 sq ft, and was nearly sold out before completion, with a swift 10-month timeline.
- We are currently developing our next project, which is already 75% booked, highlighting strong demand for our real estate offerings.
- The upcoming project encompasses a 24,000 sq ft land bank, aiming for approximately 136,000 sq ft of constructed area, catering to growing residential needs.
- Our primary revenue model focuses on property sales, enhanced by comprehensive online and offline marketing strategies to reach a broader customer base.
- We are actively seeking collaboration with investors and venture capital partners to expand our brand and drive strong, sustainable returns within the residential real estate sector.
- Founded by a marketing expert with over 20 years of experience and two civil engineers boasting a combined 40+ years of expertise, we bring extensive knowledge to the real estate market.
- Our first project features 16 residential units, each measuring 1,250 sq ft, and was nearly sold out before completion, with a swift 10-month timeline.
- We are currently developing our next project, which is already 75% booked, highlighting strong demand for our real estate offerings.
- The upcoming project encompasses a 24,000 sq ft land bank, aiming for approximately 136,000 sq ft of constructed area, catering to growing residential needs.
- Our primary revenue model focuses on property sales, enhanced by comprehensive online and offline marketing strategies to reach a broader customer base.
- We are actively seeking collaboration with investors and venture capital partners to expand our brand and drive strong, sustainable returns within the residential real estate sector.
Products & Services Overview
- The business develops and sells residential apartments and premium residential living spaces.- The primary customers are homebuyers and real estate investors.
Assets Overview
Tangible assets:- Physical assets include a apartments valued at ~ INR 9 crore, along with one additional land owned for the upcoming project valued at ~ INR 18 crore.
- The total value of physical assets is approximately INR 27 crore. However, the business is seeking a loan of around INR 10 crore only for the construction and project execution phase. The land and other major investments have already been funded by the existing investors. Hence, the physical asset value appears higher as it includes the land value, while the current funding requirement is limited to project execution.
Intangible assets:
- Certificate of Incorporation.
- GST.
- Trademark.
Facilities Overview
Currently, we operate from a rented office in Hubballi. The office premises cover an area of 1,150 sq. ft. , and the monthly rent is INR 26,000.
Capitalization Overview
The company has three directors, each holding an equal shareholding of 33.33%.Our first project was primarily funded by the directors, demonstrating strong promoter commitment and confidence in the business.
Recent Activity
-
1 week, 3 days agoIndependent Advisors, New Delhi, Financial Consultant connected with the Business
-
Earlier than 15 daysIndependent Consultant, Bengaluru, Financial Consultant connected with the Business
Tags:
Residential Real Estate Construction Business Seeking Loan in Dharwad, India
·Lend to Residential Real Estate Construction Business in Dharwad, India
·Civil Construction Business Seeking Loan in Dharwad, India
·Residential Real Estate Construction Business Seeking Loan
·Lend to Civil Construction Business in Dharwad, India
·Lend to Residential Real Estate Construction Business
·Home Builder Business Seeking Loan in Dharwad, India
·Lend to Home Builder Business in Dharwad, India
·Civil Construction Business Seeking Loan
·Lend to Civil Construction Business
·Home Builder Business Seeking Loan
·Lend to Home Builder Business
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