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Businesses Seeking Loan in Kolkata

Showing 1 - 1 of 1 Businesses Seeking Loan in Kolkata. Lend to a Business in Kolkata.

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Residential Real Estate Construction Company Seeking Loan in Kolkata, India

Kolkata based construction company currently developing one of the fastest-selling residential projects of Kolkata.
- Kolkata-based construction company that started its real estate venture successfully 4 years ago and is currently developing one of the fastest-selling residential projects in Kolkata. - Working on a project currently: an affordable mass housing project in Kolkata which will have 3000+ flats & 1,000+ bungalows on 100+ acre land. - Project will have the construction of 1 BHK / 2 BHK / 3 BHK and bungalows for LIG (Low Income Group) & MIG (Middle Income Group) people. - All modern facilities and amenities. - Club, school, college, hospital, market, and entertainment zone all adjacent to the project. Present Status: - Land acquisition of 85+ acres has been completed. - Phase - 1 sanction received from statutory authorities. Sales launched 4 years ago. Entire 610 units (540 flats & 70 Bungalows) sold in less than 10 months. Construction work has started. Part Handover started; Complete Handover by the end of next year. - Phase - 2 sanction received from statutory authorities. Sales launched 3 years ago. 806 units (708 flats & 98 bungalows). Around 700+ bookings in 18 months. Construction work started 2 years ago. Handover by June 2024. - Phase - 3 sanction received from statutory authorities. Sales launched 2 years ago. 519 units (519 bungalows). Around 300+ bookings in 24 months. Construction work started in 2 years ago. Handover by the 2 years. - Phase - 4 Project planning under progress. Sales are to be launched by the start of next year. Construction work is to start by the mid of next year. Handover by next 3 years. - Sale have increased due to an increase in projects.
Kolkata based construction company currently developing one of the fastest-selling residential projects of Kolkata.
7.4   Kolkata
Run Rate Sales
USD 6 million
EBITDA Margin
36 %
Business Loan
USD 1.2 Mn at 18%
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