Residential Real Estate Construction Company Investment Opportunity in Mumbai, India
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1.1 million |
Run Rate Sales | USD 3 million |
EBITDA Margin | 18 % |
Industries | Residential Real Estate Construction |
Locations | Mumbai |
Local Time | 4:05 PM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Engaged in the development of residential real estate.
- Have successfully completed 3 projects with 45, 41, and 75 flats respectively.
- Currently building a 184 flat project spread across 3,50,000 sq. ft. in Boisar, Mumbai.
- The project is ideally located close to the MIDC area and is only a few kms away from the nearest railway line and the nearest sea port.
- The project has 14 wings each built as a G+4 floor combination.
- The project is RERA compliant and 98 of the flats have already been sold out.
- Around 70% of the construction is complete and only 45 flats remain to be constructed in order to complete the project.
- We are expected to complete the project within 18 months of securing the investment.
- The land for this particular project is not owned by the business but we have a revenue-sharing agreement signed with the landlord under which we develop the land and in return receive the rights to sell 60% of the flats.
- We are not obligated to pay any lease amount to the landlord.
- Construction for the project has been outsourced to a local construction company and most of the firm's employees are sales staff.
- The business owns some of the real estate in the older projects which are the only physical assets owned by the business.
Residential real estate construction.
Work out of a small rented office space in Mumbai.
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Earlier than 15 daysPartner, Investment, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Noida, M&A Advisor connected with the Business
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Earlier than 15 daysIndependent Advisor, Chennai, Financial Consultant connected with the Business