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Residential Real Estate Seeking Loan in Bangalore, India

Property promotion and development company seeks fund to launch its own portal & business enhancement.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 1 million
Run Rate Sales USD 900 thousand
EBITDA Margin 10 %
Industries Residential Real Estate
Locations  Bangalore
Local Time 5:17 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 900 thousand for 10.0% annual interest, 5 years (Native Currency: INR 70,000,000)
Reason: For business enhancement and bigger residential project development.
Collateral Available: USD 370 thousand
Includes physical assets worth USD 900 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview

- We are a property promotion company operating in Bangalore for the past 8 years.

- Recently started developing serviced apartments and residential villas, apartments.

- Sold more than INR 100 crores worth of properties for various builders across Bangalore through our promotions.

- Completed own service apartment project in Bangalore.

- Recently launched our second project which is a small budget villa project in Sarjapur Road, Bangalore.

- Marching ahead with a “Best Company of the Year“ award from Karnataka Small and Medium Business Association and "Most Influential Women in the Property Market of the Year" In India's Top 50 emerging Icon awards.

- 50% of the revenue is from property promotion services and 50% is from development projects.

- Completed 2 projects last year and this year, we have ongoing projects which are yet to be completed, resulting in a drop in revenue.

Products & Services Overview

1) Property promotion.

2) Developing serviced apartments.

3) Residential development - affordable villas, layouts & apartments.

4) Upcoming resort development in Sakleshpur.

5) Planning to launch our own property portal soon.

Assets Overview

Land, office building, two cars, half-acre land for future development.

Facilities Overview

- Own office building in Bommasandra near Electronic City, Bangalore.

- Rented office space of 1,000 sq ft in Dommasandra, Sarjapur road.

- Half acre land for future development.

Recent Activity
  • Earlier than 15 days
    Director, Finance, Mumbai, Corporate Investor / Buyer connected with the Business
  • Earlier than 15 days
    Managing Partner, Chennai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Mumbai, 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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