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Residential Real Estate Construction Company for Sale in Visakhapatnam, India

It's a residential development company with a 100+ apt. venture 80% completed, two ventures signed.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 240 thousand
Run Rate Sales USD 430 thousand
EBITDA Margin 25 %
Industries Residential Real Estate Construction
Locations  Visakhapatnam
Local Time 12:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.2 million (Native Currency: INR 100,000,000)
Reason: To shift concentration on virtual technologies and content production for which huge capital is need... View More
Includes physical assets worth USD 1.2 million
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Business Overview

- We are residential real estate developers and we have completed 6 ventures in Bangalore, Nellore, Hyderabad, Visakhapatnam and Ongole.

- Have completed a project of 110 apartments in Visakhapatnam, out of which 30 apartments are in our inventory. INR 40 lakhs is the booking price for each apartment.

- We have a higher growth rate in terms of revenue compared to last year as we have completed some projects after the Covid-19 situation was better.

- The company has already signed two ventures, one in Vizag of 600 square yards area and one in Rajahmundry of 2,342 square yards area, both 60:40 development, where 60% denotes our company and 40% denotes landowners.

- As the new capital of the state of Andhra Pradesh, it's the right time to enter and make a name and earn well. With the Rajahmundry project, our prospects look bright in residential development in the state of Andhra Pradesh.

Products & Services Overview

Residential development, construction, interiors planning and execution.

Assets Overview

We own an inventory of 30 apartments and one Audi Q3 under the company's name.

Facilities Overview

We handle the business from an office located above promoter's residence in Vizag. It is not included in this transaction.

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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