Residential Real Estate Investment Opportunity in Kolkata, India
|Employees||10 - 50|
|Legal Entity||Private Limited Company|
|Reported Sales||USD 270 thousand|
|Run Rate Sales||USD 500 thousand|
|EBITDA Margin||17 %|
|Industries||Residential Real Estate|
|Local Time||10:46 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Residential villas developers based out of Kolkata.
- The very first project is proposed on 100 acres land. 60% of land so far has been acquired by the company.
- First phase construction and development is on 13 acres and its going on in full swing. It would have 230 villas, ranging from 900 Sq. Ft to 1,800 Sq. Ft in priced between Rs 25 lakhs to 50 lakhs.
- About 130 villas out of 230 proposed villas in Phase 1 is already booked.
- Fully integrated township project, with all modern amenities, clubhouse, and a market complex of 9,000 Sq. Ft.
- The second phase will start next year in an area of 17 acres with more than 300 villas.
- Sales numbers mentioned is the advance paid for 130 villas by the customers.
- We are also planning to develop in other verticals such as high end residences, wellness resort on the land bank we already have.
- Construction at advanced stage.
- Multiple bungalows ready.
- Healthy relationship with the local administration and contractors.
- The project is located in South Kolkata and offers great future scope. Currently rates are low but the state government is starting to focus on this area with multiple government townships, administrative headquarters, film-city being sanctioned in the vicinity.
1) Independent Villas, ranging from 900 Sq. Ft to 1,800 Sq. Ft, in the price range INR 25L- 50 L.
2) Commercial complex part of the project with intent to lease out to supermarket as well as sell retail inventory.
3) Plan to make a wellness resort within the project in line with similar projects.
- A total area of 60 acres land in which 13 acres of land is under construction.
- Total no of villas being constructed will be 230 in the 1st phase.
- Types of Villa: 3kottah (4bhk), 2.5kottah (4bhk), 2kottah (3bhk), 1.2kottah (1.2bhk)
- Construction at advanced stage, with multiple bungalow ready for handover.
Earlier than 15 daysChairman, Diversified, Mumbai, Corporate Investor / Buyer connected with this business
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with this business
Earlier than 15 daysManagement Member, Chemicals & Real Estate, Kolkata, Individual Investor / Buyer connected with this business