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Residential Real Estate Investment Opportunity in Bangalore, India

Residential real estate business with 9+ completed projects seeking investment to develop affordable housing.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate
Locations  Bangalore
Local Time 3:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 700 thousand for 5.0% stake (Native Currency: INR 50,000,000)
Reason: To expand in other cities of India & acquire assets and enhance the business. Have identified the pr... View More
Includes physical assets worth USD 140 thousand
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Business Overview

- 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.

Products & Services Overview

Buying and selling of bank-approved residential properties.

Assets Overview

Real estates from reputed builders and banks.

Facilities Overview

Operating from a co-working space in Bangalore.

Recent Activity
  • 1 week ago
    Independent Advisor, Bangalore, Financial Consultant connected with the Business
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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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