Residential Real Estate Construction Business Seeking Loan in Mavelikara, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 360 thousand |
Run Rate Sales | USD 540 thousand |
EBITDA Margin | Operating at loss |
Industries | Residential Real Estate Construction |
Locations | Mavelikara |
Local Time | 12:11 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We generate income through a diverse revenue model that includes residential construction, architectural and interior design services, and comprehensive project management.
- Our promoter brings a wealth of experience to the table, with 7 years dedicated to residential construction and an additional 8 years in the oil and gas industry.
- We have established strong business relationships with local suppliers, architects, and real estate developers, ensuring a robust network for our operations.
- The majority of the revenue is generated from the residential construction projects that we take up.
- Currently, we are seeking funds to support our working capital needs to continue delivering exceptional service and expand our reach.
- Business has a valid registration license and a GST.
- Our clientele encompasses homeowners seeking to build their dream homes, architects in need of reliable construction partners, and developers looking for a full-service design and building solution.
- Construction equipment: INR 30 lakh.
- Office set-up.
- Equipment used for interior design and architecture.
- The total value of these physical assets is INR 70 lakh, but since these are needed by us for our operations, we cannot sell them or use them as collateral to seek a loan.
- Headquarters is located in a 2000 sq. ft. building in Mavelikara.
- There is also 650 sq. ft. rented building in Cochin as a secondary office.
- Business is bootstrapped and funded by personal funds.
- Our bankers are ICICI Bank and Federal Bank, and we have an OD of INR 21.65 lakh with ICICI Bank.
- The business is currently operating at loss due to liablities of an ongoing project.