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Residential Real Estate Construction Business Seeking Loan in Pune, India

Established Pune real estate business seeking loan for a project redevelopment.

Established 30-40 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 2.03 million
Run Rate Sales Nil
EBITDA Margin 20 %
Industries Residential Real Estate Construction
Locations  Pune
Local Time 3:38 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.25 million for 10.0% annual interest, 5 years (Native Currency: INR 200,000,000)
Reason: The loan will be used for a new redevelopment project in Mumbai Maharashtra. The project will take ... View More
Collateral Available: USD 0
Includes physical assets worth USD 113 thousand
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Business Name
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Business Overview
- Established in 1988, the business has been actively involved in the residential real estate construction industry for over three decades, operating as a promoter and developer in various parts of India and abroad.
- The business specializes in building construction and has successfully completed over 50 projects in various metro cities in India, with a focus on redevelopment projects in Mumbai.
- With a workforce of 12 employees, the business operates with a lean structure and often hires additional employees on a contract basis as per project requirements.
- The upcoming project timeline for the business is 4 years for commencement and 3 years for completion, with each project yielding 20-30 residential flats upon completion.
- Notably, the business has received a significant advance payment of INR 18 crore, showcasing a strong financial position and a healthy project pipeline.
- The business has a proven track record of successfully executing projects both in India and abroad, demonstrating its ability to operate in diverse geographic locations and markets.
- Leveraging its extensive experience and industry expertise, the business continues to identify and pursue lucrative opportunities in the residential real estate construction sector, aiming for sustained growth and profitability.
Products & Services Overview
The business provides building construction and redevelopment services in Mumbai.
Assets Overview
The business owns equipment worth INR 1 crore. The full list can be shared on demand.
Facilities Overview
The business has 2 offices in India, with the headquarters located in Pune, and the other one in Mumbai.
Capitalization Overview
The ongoing project is self-funded now.
The project has 2 shareholders holding equal shares.
Recent Activity
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Global Business Advisor, Bengaluru, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Ahmedabad, Merchant Bank connected with the Business
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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.
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