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Residential Real Estate Construction Company Equity Stake For Sale in Allahabad, India

Real estate developer seeks investment to build 20 duplex units in Lucknow.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Allahabad
Local Time 10:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 1.1 million for 10.0% stake (Native Currency: INR 100,000,000)
Reason: The funds will be used to cover stamp duty for agreements, obtain the NoC, and issue a demand draft ... View More
Includes physical assets worth USD 11 million
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Business Overview
- Real estate development company situated in Prayagraj, Uttar Pradesh, specialising in residential construction projects.

- The current project is in the pre-revenue stage with a fully owned 1-acre land valued at INR 100 crore, which is located near krishna nagar metro station in Lucknow. And we are planning to built a residental units with parks. The estimated timeline to complete the project is around 18 months.

- The plan involves constructing duplex units, with a total of 20 residential units, each expected to sell for approximately INR 1.4 crore. The total projected sales value for all the units is INR 28 to 30 crore.

- The owner will personally handle both construction and marketing, ensuring direct control and clear direction for the project. We have also hired seperate team for the project and an architect.

- The owner is offering a project-specific investment opportunity to the current project as well as the upcoming project. Investors can choose flexible investment amounts and tenures, with returns structured either as fixed returns of around 12% to 18% or through a joint venture profit-sharing model.

- All arrangements will be legally documented, and the funds raised will be used solely for project execution. The owner will take full responsibility for completing the project successfully, generating profits, protecting investor capital, and ensuring timely returns.
Products & Services Overview
The business is involved in the construction of 20 duplex residential units with parks for residents.
Assets Overview
Tangible assets include a fully owned 1-acre plot.

The business doesn't hold any intangible assets, as we are looking for investment to get the necessary approvals from the government.
Facilities Overview
The current project is a fully owned 1-acre plot, with a permissible construction area of 28,000 sq. ft. , where each duplex unit will cover approximately 2,000 sq. ft. , and the residential building is planned to be constructed in Lucknow.
Capitalization Overview
The business is a sole proprietorship, fully funded by the owner, and has previously settled land funds, now seeking investment to raise INR 100 crore to cover stamp duty for agreements and obtain the NoC.
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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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