Residential Real Estate Construction Company Seeking Loan in Kolkata, India

- Kolkata-based construction company that started its real estate venture successfully 4 years ago and is currently developing one of the fastest-selling residential projects in Kolkata.
- Working on a project currently: an affordable mass housing project in Kolkata which will have 3000+ flats & 1,000+ bungalows on 100+ acre land.
- Project will have the construction of 1 BHK / 2 BHK / 3 BHK and bungalows for LIG (Low Income Group) & MIG (Middle Income Group) people.
- All modern facilities and amenities.
- Club, school, college, hospital, market, and entertainment zone all adjacent to the project.
Present Status:
- Land acquisition of 85+ acres has been completed.
- Phase - 1 sanction received from statutory authorities. Sales launched 4 years ago. Entire 610 units (540 flats & 70 Bungalows) sold in less than 10 months. Construction work has started. Part Handover started; Complete Handover by the end of next year.
- Phase - 2 sanction received from statutory authorities. Sales launched 3 years ago. 806 units (708 flats & 98 bungalows). Around 700+ bookings in 18 months. Construction work started 2 years ago. Handover by June 2024.
- Phase - 3 sanction received from statutory authorities. Sales launched 2 years ago. 519 units (519 bungalows). Around 300+ bookings in 24 months. Construction work started in 2 years ago. Handover by the 2 years.
- Phase - 4 Project planning under progress. Sales are to be launched by the start of next year. Construction work is to start by the mid of next year. Handover by next 3 years.
- Sale have increased due to an increase in projects.