Residential Real Estate Investment Opportunity in Kolkata, India

Villa township project in South Kolkata with club, retail space and future resort.
This Business is on a Premium Plan
Established 5-10 year(s)
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
Locations  Kolkata
Local Time 10:46 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 800 thousand for 30.0% stake (Native Currency: INR 60,000,000)
Reason: We are looking for a partner more than just investor, preferably with real estate experience to take... View More
Includes physical assets worth USD 3.4 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Certificate
PanCard
Business Overview

- 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.

Products & Services Overview

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.

Facilities Overview

- 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.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more