Residential Real Estate Construction Business Seeking Loan in Hyderabad, India
Pre revenue phase construction company based in Hyderabad seeking business loan for land acquisition.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Residential Real Estate Construction |
| Locations | Hyderabad |
| Local Time | 12:44 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
580 thousand
for
24.0%
annual interest,
2
years
(Native Currency: INR 50,000,000)
Reason: For acquisition of project land (1-2 acres). Same land will be registered or pledged in name of inve...
View More
Collateral Available: USD 0
Interested to connect with advisors
Documents
Registration Certificate
(113.4 KB)
Business Overview
- Pre revenue phase construction company based in Hyderabad.
- We are planning to start an apartment project for which we need funds to purchase the land.
- Land is already identified, it is located a few minutes away from ORR service road.
- Construction will be in 3 phases:
1) Pre-launch for construction amount seeding.
2) Post approvals.
3) Post construction to cover the complete cost of the project.
- It will have around 200 units and will be targeting upper middle income group, amenities with club house with all indoor and outdoor activities.
- Once we receive funds, it will take 2.5 years to complete the project.
- We have created a WhatsApp group for buyers and have 1,200 active buyers in the group looking for apartments. We also have a database of around 15K users who are looking for apartments in Hyderabad.
- Our assets include website, domain, database of buyers, and office equipment.
- We are planning to start an apartment project for which we need funds to purchase the land.
- Land is already identified, it is located a few minutes away from ORR service road.
- Construction will be in 3 phases:
1) Pre-launch for construction amount seeding.
2) Post approvals.
3) Post construction to cover the complete cost of the project.
- It will have around 200 units and will be targeting upper middle income group, amenities with club house with all indoor and outdoor activities.
- Once we receive funds, it will take 2.5 years to complete the project.
- We have created a WhatsApp group for buyers and have 1,200 active buyers in the group looking for apartments. We also have a database of around 15K users who are looking for apartments in Hyderabad.
- Our assets include website, domain, database of buyers, and office equipment.
Products & Services Overview
Planned apartment with around 200 units along with parking lots and amenities.
Assets Overview
Consultancy - We have around 1,300 buyers with us, however, we do not own any physical assets. Looking for a loan so that we can start the development of a project. Security for investment will be given in the project itself.
Facilities Overview
Rented 250 sq ft of office space.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Business Advisory, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Consultant, Technology & Capital Solutions, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Milan, Financial Consultant connected with the Business
Tags:
Residential Real Estate Construction Business Seeking Loan in Hyderabad, India
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