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Residential Real Estate Construction Business Seeking Loan in Roha, India

Roha-based builder and developer with first project underway seeks funds to supplement working capital.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales INR 1 crore
Run Rate Sales INR 1.1 crore
EBITDA Margin 10 - 20 %
Industries Residential Real Estate Construction
Locations  Roha
Local Time 11:11 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
INR 1 crore for 12.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: We require funds to supplement our working capital. The work is ongoing and we do not want any bottl... View More
Collateral Available: INR 50 lakh
Includes physical assets worth INR 64 lakh
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Company PAN Card
Business Overview
- Residential real estate company with a project underway in Roha, Maharashtra.
- This is our first project, some flats have already been booked, and the construction is underway.
- Project details:
• Project cost of INR 7 crore.
• 3 buildings have been completed.
• One 7-storey tower of 56 flats is being built.
• One 7-storey tower of 21 flats is also being built.
• No bank loans were taken for the project.
- The construction firm working on the project has two equal partners and no bank liabilities.
Products & Services Overview
Residential and commercial real estate construction. We are currently working on our first project which is completely residential.
Assets Overview
Physical assets: Company-owned office worth INR 12 lakh, company-owned shop worth INR 16 lakh,
2 flats in the company's name worth INR 18 lakh each.
Facilities Overview
We have our company-owned HQ in Roha, Maharashtra, India.
Capitalization Overview
Not Disclosed
Recent Activity
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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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