Residential Real Estate Construction Business Seeking Loan in Jodhpur, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Other |
Reported Sales | USD 900 thousand - 1 million |
Run Rate Sales | USD 2.1 million |
EBITDA Margin | 30 - 40 % |
Industries | Residential Real Estate Construction |
Locations | Jodhpur |
Local Time | 2:01 PM Asia / Kolkata |
Listed By | Advisor / Business Broker |
Status | Active |
- This is a RERA-compliant project and comprises 3,114 flats in 6 towers having 30 sq. mt. and 60 sq. mt. houses as per the government's affordable housing standards. Each tower will have 15 floors with a podium parking lot.
- Amenities like a swimming pool, and clubhouse with a gym would be provided. Other features include courts for lawn tennis, badminton, and basketball; kids and senior citizens' park, jogging and cycling track.
- All required government permissions and documentation for commencing the project is in place. The project duration is to complete and handover within the next 2 years.
- High-speed aluminum shuttering with high-quality standards are being followed. The future 4-5-6 buildings will have basement parking and amenities.
- Company is ISO certified and has received excellence awards from Dainik Bhaskar, Big FM, and Red FM.
- Promoter has been into real estate construction for the past 12 years.
Total construction area = 35,16,000 sq. ft.
Total residential flats = 3,114.
Total commercial area = 2,12,000 sq. ft.
- There is a loan from a nationalized bank of INR 6 crore.
- Since the lockdown, there was a consistent increase in labour, cement, and steel rates and a decline in sales recovery.
- The company has rejuvenated its policies of PMC and head of departments to streamline the operations.
- To start afresh in full swing, can have collateral leverage and/or look forward to giving away a considerable percentage in investments.
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Earlier than 15 daysDirector, Hyderabad, Financial Consultant connected with the Business
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Earlier than 15 daysIndependent Advisor, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysDirector, Sweets Manufacturing & Wholesale, Mumbai, Corporate Investor / Buyer connected with the Business