Need help?

Residential Real Estate Construction Business Seeking Loan in Jodhpur, India

Largest & luxurious affordable housing project in Jodhpur with 3,114 flats and world-class amenities.
This transaction has concluded.
This Business is on a Premium Plan
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
Overall Rating
Seeking Loan
USD 5.8 million for 12.0% annual interest, 5 years (Native Currency: INR 500,000,000)
Reason: The project requires the acquisition of a large amount of raw stock like cement, and steel, and labo... View More
Collateral Available: USD 9.3 million
Includes physical assets worth USD 9.3 million
Interested to connect with advisors
Documents
Business Overview
- Known real estate development firm in Rajasthan that is working on a housing project in Jodhpur, Rajasthan on a land area of 35 lakh sq. ft.
- 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.
Products & Services Overview
6 towers of 15 floors with 3 wings each. This project is situated near New High Court in Jodhpur. Large swimming pool, health club, and 15+ amenities and facilities.
Assets Overview
The land's market value is INR 80 crore.
Facilities Overview
Plot size = 44,515.35 sq. mtrs.
Total construction area = 35,16,000 sq. ft.
Total residential flats = 3,114.
Total commercial area = 2,12,000 sq. ft.
Capitalization Overview
- The company is formed as AOP and a joint venture between the landowner, working partner, and investment partner having their own stakeholders.
- 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.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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.
Frequently
Asked
Questions
  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more