Residential Real Estate Investment Opportunity in Bangalore, India
|Employees||5 - 10|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Run Rate Sales||Nil|
|Industries||Residential Real Estate|
|Local Time||3:13 PM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Business focused on buying and selling properties.
- We buy the residential properties from the banks, renovate them and then sell them to the customers.
- The business is held under a private limited entity registered in Bangalore.
- Have an enduring corporate relationship with all the banks.
- Have completed 9+ projects since inception.
- Our company works on government banking projects under RBI. These projects are the properties that are NPA and are to be auctioned. The business buys these properties directly from the bank instead of an auction and has a license to do so. RBI approves the buying of such properties and infrastructures without holding an auction.
- The business outsources jobs to complete the projects.
- Promoter has 8+ years of experience in the industry.
- Looking to raise the funds for affordable housing of high value, ready to occupy, spacious in size & furnished available to corporates and HNI.
- Have identified the property and funds will be used to acquire the property. Once the property is bought, the work to turn it into affordable housing will begin.
- The business generated revenue of INR 25 crores last year with an EBITDA margin of 40%. The business currently generates INR 2 crores per month on average.
Buying and selling of bank-approved residential properties.
Real estates from reputed builders and banks.
Operating from a co-working space in Bangalore.
1 week agoIndependent Advisor, Bangalore, Financial Consultant connected with the Business