↩ Go Back
Need help?

Residential Real Estate Construction Company Seeking Loan in Bangalore, India

Residential property development and construction company seeks funds to purchase land in Bangalore.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 800 thousand
Run Rate Sales USD 900 thousand
EBITDA Margin 20 %
Industries Residential Real Estate Construction
Locations  Bangalore
Local Time 11:26 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 500 thousand for 15.0% annual interest, 7 years (Native Currency: INR 40,000,000)
Reason: - Need funds for upcoming project development. To purchase 2 acre land in Bangalore. - We are also ... View More
Collateral Available: USD 700 thousand
Includes physical assets worth USD 1.2 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- We have been actively involved in real estate and property development in Bangalore since 2012.

- Have completed 3 big projects till date which are villa, serviced apartment, and resort projects.

- Working on 2 projects at the moment. One is a resort project in Sakleshpur and the other one is a residential layout project in Bangalore.

- Need funds to secure land in Bangalore and start the development of one of the projects.

- We are moving forward as the Karnataka Small and Medium Business Association's Best Company of the Year.

- Promoter was awarded as the Most Influential Women in the Property Market and The Most Inspiring Business Women of the Year Award.

- Business was started in 2019 as a sole proprietorship and converted to pvt ltd in 2019. Planning to add one more director soon.

- The firm is led by one director, a skilled first-generation entrepreneur with strong social values and a strong ambition for excellence. She believes in doing the right thing at the right time and in the right way.

- Company has a bank loan with INR 60 lakh outstanding amount.

Products & Services Overview

Service apartment (launched in Dec 2018, completed in June 2020)

Phase 1, budget villas at Sarjapur road (launched in Dec 2020, all sold out, nearing completion now)

Phase II - budget villas at Sarjapur road (launched in Feb 2022, 50% sold out)

Assets Overview

8 acre land in Sakleshpur, service apartment project (have 30 unsold units)

Facilities Overview

- We are currently looking for investors for our upcoming resort project in Sakleshpur and layout development in Bangalore.

- We have rented offices in Bangalore.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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

269 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