Residential Real Estate Investment Opportunity in Visakhapatnam, India

Multi commodity processing company looking to develop a hotel or residential real estate on its own land.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels + 1 more
Locations  Visakhapatnam
Local Time 10:15 AM Visakhapatnam
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 1.6 million for 50.0% stake (Native Currency: INR 120,000,000)
Reason: Looking for real estate developers or investors to develop & market residential houses or a star hot... View More
Includes physical assets worth USD 1.4 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
GST Registration
Business Overview

We are a group of firms that process and trade multiple commodities. We process Steel, Coke, Polymers, Casting & Quicklime. We have over 500 clients all over India and promoters have vast experience in the industry. We are currently looking for an investor to help develop the land that we own. Looking to construct a hotel or a residential real estate unit. If the land is converted to a hotel it will be operated by us and the investor together and if it is converted into residential real estate it would be given to the investor on a profit sharing basis. The land is 1.3 acres and located on the Beach Road, Visakhapatnam. We estimate that the entire project would take between 2 to 3 years to complete once funding is received and work on the land has started.

Products & Services Overview

Land for conversion into hotel or real estate project.

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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