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.
Products & Services Overview
Construction of duplex houses.
Seeking Loan
USD
220 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...
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Collateral Available: USD 0
Includes physical assets worth
USD
2.13 million
Interested to connect with advisors
In talks with 1 Investor