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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.
This transaction has concluded.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 1.2 million
Run Rate Sales USD 2 million
EBITDA Margin 9 %
Industries Residential Real Estate Construction
Locations  Chennai
Local Time 4:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.8 million for 12.0% annual interest, 2 years (Native Currency: INR 150,000,000)
Reason: Need funds to cover operating cost of the new project.
Collateral Available: USD 600 thousand
Includes physical assets worth USD 1.2 million
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

Own space of 1,300 Sq. Ft.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Consultant, Chennai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Individual Advisor, Mumbai, Business Broker connected with the Business
  • Earlier than 15 days
    Founder, Chennai, Financial Consultant connected with the Business
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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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