Residential Real Estate Construction Business Seeking Loan in Mandi, India
10-year-old residential construction firm in Kullu seeks a business loan for an ongoing project.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 200 - 300 thousand |
| Run Rate Sales | USD 274 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Residential Real Estate Construction |
| Locations | Mandi |
| Local Time | 7:54 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
57 thousand
for
15.0%
annual interest,
2
years
(Native Currency: INR 5,000,000)
Reason: The company is in need of funds to finish the project. The promoter is providing land (12,000 sqm) w...
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Collateral Available: USD 170 thousand
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Business Name
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Business Overview
- Our company is into land development and construction of residential flats in Kullu Manali and Mandi area of Himachal Pradesh We have two ongoing projects in Kullu.
- This project was started one years ago.
- The owner of the company is an architect and does independent consultation.
- We recently finished a residential building project which had 8 flats in it near Kullu.
- Currently, we have two buildings, one has 4 flats and the other has 40 flats in it.
- We will start selling semi-finished flats in the first quarter of the upcoming year.
- The company is planning on registering 5 flats under its own name and converting it into service apartments.
- The building with 40 flats is still under construction and we are in need of capital to finish the project.
- The land is registered under the owner's name.
- The company has a sole proprietorship.
- This project was started one years ago.
- The owner of the company is an architect and does independent consultation.
- We recently finished a residential building project which had 8 flats in it near Kullu.
- Currently, we have two buildings, one has 4 flats and the other has 40 flats in it.
- We will start selling semi-finished flats in the first quarter of the upcoming year.
- The company is planning on registering 5 flats under its own name and converting it into service apartments.
- The building with 40 flats is still under construction and we are in need of capital to finish the project.
- The land is registered under the owner's name.
- The company has a sole proprietorship.
Products & Services Overview
The company does residential building construction projects and architectural consultation.
Assets Overview
Machines used for construction like grinders, mixers and cutters. Land and construction approvals.
Facilities Overview
Headoffice on a rented space with a 400 sq ft build-up area.
Capitalization Overview
Business funding from other projects and self-funded.A debt-free firm with no outstanding loan.
Business is 100 percent owned by a single owner.
Recent Activity
-
Earlier than 15 daysDirector, Chemicals & Industrial Goods, Pune, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Visakhapatnam, Financial Consultant connected with the Business
Tags:
Residential Real Estate Construction Business Seeking Loan in Mandi, India
·Lend to Residential Real Estate Construction Business in Mandi, India
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·Civil Construction Business Seeking Loan in Mandi, India
·Lend to Residential Real Estate Construction Business
·Lend to Civil Construction Business in Mandi, India
·Home Builder Business Seeking Loan in Mandi, India
·Lend to Home Builder Business in Mandi, India
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·Lend to Civil Construction Business
·Home Builder Business Seeking Loan
·Lend to Home Builder Business
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