Residential Real Estate Construction Business Seeking Loan in Ranchi, India
Require funds for multiple duplex construction on a 4 acres land, having already acquired the land.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Residential Real Estate Construction |
| Locations | Ranchi |
| Local Time | 3:46 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
230 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 20,000,000)
Reason: For initial construction work which include development of plot, construction of boundary, hand pump...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
2.2 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
The firm is seeking funds for duplex construction in Ranchi and has already acquired a land of 4 acres. We have acquired this land in partnership with the original land owner. We hold 66% ownership of the land and rest 34% is held by the original owner. The land is currently vacant and after raising funds, we will develop the plot, build a boundary, hand pump and construct a road.
The location of our land has good advantage as it's located next to 2 international schools and a hospital. We have already acquired the NOC certificate from the local government. Have the 3D layout design of the duplex houses ready with us and we plan to build a total of 104 duplexes. Each duplex will be sold at INR 60 lakh.
Founder has 6 years of experienced in this industry. Business owned assets include land of 4 acre and few laptop & furniture.
The location of our land has good advantage as it's located next to 2 international schools and a hospital. We have already acquired the NOC certificate from the local government. Have the 3D layout design of the duplex houses ready with us and we plan to build a total of 104 duplexes. Each duplex will be sold at INR 60 lakh.
Founder has 6 years of experienced in this industry. Business owned assets include land of 4 acre and few laptop & furniture.
Products & Services Overview
Construction of duplex houses.
Facilities Overview
1,800 sq ft of office on rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysVP Operations, Hospitality, Ranchi, Individual Investor / Buyer connected with the Business
Tags:
Residential Real Estate Construction Business Seeking Loan in Ranchi, India
·Lend to Residential Real Estate Construction Business in Ranchi, India
·Residential Real Estate Construction Business Seeking Loan
·Civil Construction Business Seeking Loan in Ranchi, India
·Lend to Residential Real Estate Construction Business
·Lend to Civil Construction Business in Ranchi, India
·Home Builder Business Seeking Loan in Ranchi, India
·Lend to Home Builder Business in Ranchi, India
·Civil Construction Business Seeking Loan
·Lend to Civil Construction Business
·Home Builder Business Seeking Loan
·Lend to Home Builder Business
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.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 62,000+ other businesses of all sizes.
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.
You might also be interested in these businesses