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Residential Real Estate Construction Company Seeking Loan in Chennai, India

South-Indian, villa-community developer with orders seeks growth funding.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Chennai
Local Time 12:55 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 340 thousand for 10.0% annual interest, 7 years (Native Currency: INR 30,000,000)
Reason: Purchase and development of land, construction, marketing and sales, media and promotion, staff, and... View More
Collateral Available: USD 0
Includes physical assets worth USD 570 thousand
Interested to connect with advisors
Documents
Business Overview
- We have an increasing list of word-of-mouth clients from Kolkata, Mumbai, and Delhi also.
- The company does not have any liabilities or debt.
- We are open to discussing the various investment options but we prefer debt funding or equity.
- It is a clean-slate enterprise with four years of IT filing for clearing all AML checks (anti-money laundering).
- Expected revenue next year as per projections is INR 8-10 crore with an operating profit of INR 3-5 crore.
Products & Services Overview
Self-contained community villa projects across South India, provided with many amenities and services. Will even include IOT and modern technology within the residences.
Assets Overview
Land is valued at about INR 350/sq. ft. The buildings and land are privately held. We will purchase back the plots, build the villas and sell the units directly to the end customers.
Facilities Overview
We have well-developed property with over 140 plots. It is ready to be developed as a community of independent villas, with clubhouse, community hall, and even a swimming pool. Future township conceptual layouts are ready too.
Capitalization Overview
- We are funded by client-revenue and profits, and sometimes with promoter funding to increase cashflow and shorten timelines of projects.
- Company has two promoters with a split of 70% and 30%.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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