Residential Real Estate Construction Business Seeking Loan in Thane, India

- Company was established in 2008 for the construction of a housing society in Shilphata, Thane.

- We initially acquired a 3.5-acre land for the project, but due to litigation issues, we had to purchase the adjacent land as well and the total land we own is 16.1 acres.

- All permits and licenses have been acquired now and we are planning to begin constructing an 800+ unit housing society.

- Post-completion, the project is estimated to generate INR 500+ crores revenue through the saleable units.

- The housing society will be limited to the 3.5-acre area and the saleable area is 9.2 lakh sq ft.

- Apart from residential units, we are also planning commercial units on the ground floor area.

- The company is a partnership firm with 3 directors and there are no debts or liabilities.

- The promoters have over 2 decades of experience in residential and commercial construction projects.

To be constructed: Housing society with 800+ apartments for families and other individuals.

- Own 16.1-acre land (worth INR 300 crore).

- FSI permits for construction with 9.2 lakh sq ft. saleable area and licenses.

- Contractor agreements (project can be started immediately with funds).

Own 16.1 acres of land of which 3.5 acres will be used for the project.