Residential Real Estate Construction Company Seeking Loan in Chennai, India

Real estate construction company delivering residential and commercial properties seeking funds to start a new project.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 2.5 million
EBITDA Margin
9 %
Locations
Local Time
8:20 AM Tamil Nadu
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 2.2 million for 12.0% annual interest, 2.0 years (Native Currency: INR 150,000,000)
Reason: Need funds to cover operating cost of the new project.
Collateral Available: USD 700 thousand
Includes physical assets worth USD 1.5 million
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Our company procures land and develops commercial and residential properties, then sell it to buyers at competitive prices.

- We have all the required construction equipment, workforce and experts in design and planning to complete projects of any size.

- More than 500 customers have purchased properties from us and we have developed close to 2 Lakh Sq. Ft in last 10 years of construction.

- All our properties are located in Chennai, and would be valued over 100 crores INR.

- We have purchased the land needed for construction for this project and seeking funds to start operations for the same. This is a residential project with more than 200 apartments to be constructed. The property will be promoted and sold to buyers after completion.

Products & Services Overview

Residential and Commercial Construction, Property Development.

Facilities Overview
Recent Activity
  • Earlier than 15 days
    VP, Delhi, Investment Bank connected with this business
  • Earlier than 15 days
    CEO, Chennai, Financial Advisor connected with this business
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with this business
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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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