Residential Real Estate Construction Company Seeking Loan in Paralakhemundi, India
Residential building project of eight 2BHK units seeks funds to acquire land and kickstart construction.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Residential Real Estate Construction |
| Locations | Paralakhemundi |
| Local Time | 2:33 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
280 thousand
for
9.0%
annual interest,
9
years
(Native Currency: INR 25,000,000)
Reason: Funds are needed to acquire the land and commence construction of the project.
The promoter has 2.5...
View More
Collateral Available: USD 1 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(73.9 KB)
Business Overview
- Nascent construction company with a residential real estate construction project.
- A land plot of 2,700 sq. ft. has been identified in a posh location in our town.
- Project details:
• Land plot 2,700 sq. ft.
• Built-up area of 8,775 sq. ft.
• Stilt + 4 floors.
• 8 units of 2 bedroom flats.
• Facilities like water facility, lift, steps, security, car parking, and power back up included.
- The land will be acquired after we receive funds of INR 2.4 - 2.5 crore.
- Customers are lined up, they will pay the booking amount once the land is acquired and we get the necessary approvals.
- This project is being undertaken by a newly incorporated private limited entity.
- This entity has two shareholders in a 60:40 shareholding pattern and no liabilities.
- A land plot of 2,700 sq. ft. has been identified in a posh location in our town.
- Project details:
• Land plot 2,700 sq. ft.
• Built-up area of 8,775 sq. ft.
• Stilt + 4 floors.
• 8 units of 2 bedroom flats.
• Facilities like water facility, lift, steps, security, car parking, and power back up included.
- The land will be acquired after we receive funds of INR 2.4 - 2.5 crore.
- Customers are lined up, they will pay the booking amount once the land is acquired and we get the necessary approvals.
- This project is being undertaken by a newly incorporated private limited entity.
- This entity has two shareholders in a 60:40 shareholding pattern and no liabilities.
Products & Services Overview
Residential real estate construction, undertaking small-scale urban projects.
Assets Overview
No physical assets are owned by the company right now.
Facilities Overview
The company's registered address is in Gajapati but the leased headquarters are in Paralakhemundi and the project will also be in Paralakhemundi.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
Tags:
Newly Established Residential Real Estate Construction Company Seeking Loan in Paralakhemundi, India
·Lend to Newly Established Residential Real Estate Construction Company in Paralakhemundi, India
·Newly Established Civil Construction Company Seeking Loan in Paralakhemundi, India
·Lend to Newly Established Civil Construction Company in Paralakhemundi, India
·Newly Established Home Builder Company Seeking Loan in Paralakhemundi, India
·Newly Established Residential Real Estate Construction Company Seeking Loan
·Lend to Newly Established Home Builder Company in Paralakhemundi, India
·Lend to Newly Established Residential Real Estate Construction Company
·Newly Established Civil Construction Company Seeking Loan
·Lend to Newly Established Civil Construction Company
·Newly Established Home Builder Company Seeking Loan
·Lend to Newly Established Home Builder Company
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses