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Residential Real Estate Construction Company Seeking Loan in Thiruvananthapuram, India

Seeking funds to construct Eco friendly self sustaining village with wooden houses and apartments.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Thiruvananthapuram
Local Time 10:12 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 2.4 million for 15.0% annual interest, 2 years (Native Currency: INR 200,000,000)
Reason: Purchase the other part of the land and develop villas and apartments.
Collateral Available: USD 0
Includes physical assets worth USD 700 thousand
Documents
Business Overview

- Newly established real estate company that would construct eco-friendly 200 apartments and 100 villas (wooden homes)

- This will be a self sustaining village with own organic farming, poultry, and live stock.

- The agricultural yield would be consumed by the community and balance would be sold in open market.

- The concept is to live in harmony with nature more of giving than taking.

- The total area size of the land is 20 acre out of which we own 1 / 3rd and are seeking funds to buy and develop the rest 2 / 3rd of land.

- Post acquisition, we aim to construct 100 villas & 200 apartments on the same.

- The facility will have all basic amenities like parking space, swimming pool, WiFi, party rooms, gym and many more.

- Company is planning to register under RERA once we receive the funds.

- Owners of this company have been in the real estate sector since the last 10 years.

Products & Services Overview

Currently we have sold 34 villas on 1 / 3 rd land. The project is planned approval for 100 villas & 200 apartments and other necessary amenities on the entire 20 acres.

Facilities Overview

20 acres of land out of which 1 / 3 rd is owned by the company and remaining we are in the process of acquisiton.

Capitalization Overview
Not Disclosed
Recent Activity
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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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