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Residential Real Estate Construction Business Seeking Loan in Pune, India

Company providing residential and commercial real estate construction services seeks a business loan.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 1.1 million
Run Rate Sales USD 1.6 million
EBITDA Margin 20 - 30 %
Industries Residential Real Estate Construction + 1 more
Locations  Pune
Local Time 8:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 800 thousand for 15.0% annual interest, 2 years (Native Currency: INR 60,000,000)
Reason: The business is currently working on a premium residential project. The funds will be dispersed for ... View More
Collateral Available: USD 800 thousand
Includes physical assets worth USD 800 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview

- Our business is essentially a real estate company based in Pune and having 4 ongoing projects.

- We have completed over 16 residential and commercial projects within a duration of 10 years.

- Labour and machinery are hired on a contract basis as per the type and size of the project. We do not have in-house labour and machinery support. Compensation for outsourcing varies between projects.

- Average lifetime of a project is 3 years.

- Currently, we are completing a commercial real estate project which is an 11 storey building with over 260 flats.

- The funds from the business loan will be dispersed for working capital requirements and commencing phase two of the same project.

- The payment from these projects will be received in instalments over the course of completion. The projects will be completed within 2 to 3 years from the infusion of capital from the prospective lessor.

- The proceeds from the project will be used to retire the principal amount along with interest payments to the lessor within the stipulated time frame.

- In order to reduce the risk exposure faced by the lessor, our company will provide unsold residential apartments owned by the company as collateral against the loan amount. Approximate value of the collateral is INR 6 crores.

Products & Services Overview

Our services include:

- Residential real estate construction.

- Commercial real estate construction.

- Land procurement.

Assets Overview

Physical assets include:

Company owned land, commercial complexes and shops, residential apartments and houses.

Facilities Overview

Our business runs operations from a company owned office spread across 1,000 sq. ft.

Recent Activity
  • 2 days, 23 hours ago
    Independent Advisor, Mumbai, Financial Consultant connected with the Business
  • 1 week ago
    Proprietor, Pune, Business Broker connected with the Business
  • Earlier than 15 days
    Group CMD, IT, Delhi, Corporate Investor / Buyer 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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