Residential Real Estate Investment Opportunity in Chennai, India

Integrated agro-township project in Kanyakumari with a dairy farm, clubhouse, and modern amenities.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 1.7 million
EBITDA Margin
5 %
Locations
Local Time
1:53 PM Nagercoil
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 4.2 million for 49.0% stake (Native Currency: INR 300,000,000)
Reason: Seeking funds for the procurement of land & construction, and for expanding to Chennai and Madurai, ... View More
Includes physical assets worth USD 700 thousand
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Name, Phone, Email
Available after connect
Business Name
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User Verification
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Business Overview

- Company is engaged in the business of construction work and undertakes turnkey projects like industrial, commercial, institutional & residential building, and integrated industrial parks.

- Have 200+ clients, and we have executed a significant number of major projects for the government and private sector including clients such as ISRO, DHL, and CMRL.

- Have 5 ongoing projects with a total worth of INR 1,600 Crores. We will work on certain aspects of these projects.

- We are now in the process of establishing an integrated agro-township project at Kanyakumari and plan to expand to Chennai and Madurai in the future.

- Looking to procure 40 acres land for constructing up to 400 villas for which we have already paid an advance of INR 50 lakh. The township comes with all modern amenities, a specialized health care unit, personal garden, a dairy farm, and a clubhouse.

- We will look after the infrastructure development and sales, and we are also responsible for the cultivation of the dairy farm.

- Our first phase will have about 85 independent villas, each priced at INR 45 lakhs.

- Post funding, we will acquire the land and the project will be completed within 3 years.

- Promoter has 30+ years of industry experience.

- Our sales have fallen due to a loss incurred in a project.

- Business owned assets include paid-up capital worth INR 5 crores.

Products & Services Overview

Turnkey projects of industrial, commercial, institutional & residential buildings, and integrated industrial parks.

Facilities Overview
Recent Activity
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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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