Need help?

Residential Real Estate Construction Business Seeking Loan in Siliguri, India

End-to-end project management business in the real estate construction sector seeks working capital funding.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 225 thousand
Run Rate Sales USD 243 thousand
EBITDA Margin 10 - 20 %
Industries Residential Real Estate Construction
Locations  Siliguri
Local Time 12:12 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 113 thousand for 12.0% annual interest, 4 years (Native Currency: INR 10,000,000)
Reason: Require funds to do bigger projects this year. The funds will be used as working capital.
Collateral Available: USD 113 thousand
Includes physical assets worth USD 9 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Real estate construction and interior design business.
- We build small and medium-sized buildings for housing purposes, having 6 to 20 units for sale.
- Self finance revenue model.
- We do end-to-end project management from conception to completion.
- The business needs only 4 full-time employees, as we hire subcontractors for all the daily tasks and construction work.
- We have a GST Certificate and a certificate of incorporation.
Products & Services Overview
We do apartment construction and also offer interior design services. Our top-selling services are apartment construction, and our target customers are individuals looking to purchase residential real estate for housing or investment purposes.
Assets Overview
Tangible assets owned by the business include office equipment.
The owners personally own a land bank of 40-50 katha with a land value of INR 10 crore. Part of this land can be used as collateral for the loan.
Facilities Overview
Ground floor office in a self owned 3-storey building in Siliguri.
Capitalization Overview
- Self finance. Zero debt.
- Two partners in company. 50% each.
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
28 Investors viewed this Business. Register below to connect now!
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
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more