Residential Real Estate Construction Company Seeking Loan in Madurai, India

Chennai residential real estate developers searching for a loan to complete a project in Madurai.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 90 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 20 %
Industries Residential Real Estate Construction
Locations  Madurai + 1 more
Local Time 2:45 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 270 thousand for 17.0% annual interest, 1 year (Native Currency: INR 20,000,000)
Reason: To complete the project Now the project is underway and need of fund.
Collateral Available: USD 330 thousand
Includes physical assets worth USD 540 thousand
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Business Overview

- Residential real estate project in the heart of Madurai.

- One building with 16 units out of which 8 units have been sold.

- 50%-60% has been completed and investment is required to complete the project.

- More than 25 years experience in this field.

Products & Services Overview

Residential real estate.

Facilities Overview

Total build up area 19000 sft with stilt plus four floors. Total 16 units with 8 units of 3 bhk (1347 sft) and 8 units of 2bhk (1028 sft) high value uds. Rental assurance of 20,000. pm for 2bhk flat.

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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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