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Residential Real Estate Construction Company Seeking Loan in Kannur, India

Real estate company which constructs residential apartments and commercial spaces having completed 20 projects.

Established 20-30 year(s)
Employees 100 - 500
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.9 million
Run Rate Sales USD 2.5 million
EBITDA Margin 26 %
Industries Residential Real Estate Construction
Locations  Kochi + 1 more
Local Time 7:12 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.77 million for 11.5% annual interest, 6 years (Native Currency: INR 150,000,000)
Reason: Seeking funds for new project.
Collateral Available: USD 2.36 million
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Business Overview
- A real estate business based in Kochi operating since 2004.
- Have served over 400 customers.
- We have completed 20 residential apartment projects and one commercial mall.
- The tallest building we have constructed is a 14 floor building.
- We have experience in land purchase, construction of high rise buildings marketing, promotions and advertising, customer care, technical, interior, documentation, liasoning, administration, accounting.
- We are seeking funds for new project in Kannur. It is for construction of 10 floor apartment with 75 flats on a 50,000 Sq Ft land with all basic amenities. We have not purchase the land yet. Once it is done we would take RERA approval.
- This land is close to Kannur International Airport where there is no proper residential facility. We intend to fill that gap through our project.
- Total cost of this project would be around INR 24 Crore.
- Promoter has 20 years of experience in this business.
Products & Services Overview
Apartments, Commercial buildings in different locations in Kerala.
Facilities Overview
Leased office space of 800 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
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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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