Residential Real Estate Seeking Loan in Bengaluru, India
Property promotion and development company seeks fund to launch its own portal & business enhancement.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 920 thousand |
| Run Rate Sales | USD 830 thousand |
| EBITDA Margin | 10 % |
| Industries | Residential Real Estate |
| Locations | Bengaluru |
| Local Time | 2:38 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
810 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 346 thousand
Includes physical assets worth
USD
810 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Pitch Deck - Proposal
(661.8 KB)
Company Registration Certificate
(302.3 KB)
ROC-Verification.pdf
(61.0 KB)
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.
- 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.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysConsultant, Management Consultancy, Singapore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Ahmedabad, Merchant Bank connected with the Business
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