Real Estate Construction Businesses Seeking Loan in Bhubaneswar

- Engaged in the development of civil and mechanical works. - We have completed over 50 projects since our inception. - Our clients include several large private and government organizations including Tata Projects Limited and Paradip Port Trust (under Ministry of Ports, Shipping and Waterways) - We have 25 permanent employees and hire contract workers as per the requirements of the projects we undertake. - Secure 4 to 5 projects each year on average. - Average duration of a project typically varies from 12 to 18 months. - We have a separate architecture wing that prepares the designs. - We do not maintain a project post the construction and handover of the project. - Successfully completed projects for our main client Tata Projects Limited. - The funds will be used for a sewer system project for which we have received the work order. - The work order is awarded by Tata Projects Limited. - We are expected to complete the project within 12 months of securing the funds. - The project will require at least 60 contractual employees. - Funds will be used to hire JCB, tractors, welding machines, and drilling machines. - Company has a debt of INR 20 lakhs. - The funds we are seeking will not be used to write off this debt.

- Real estate company that has completed 6+ projects since inception. Our company operates with a 'tech at core' model. - Looking to raise funds to develop a plotting project. - Made agreements and legally acquired land of 12 acres in Jagasara. - Funds will be used to construct a 30 feet road, boundary wall, electric lines, and other utilities. - The land is located close to GITA college and Utkal Cultural University. - 17 plots of 2,000 sq. ft. have already been sold at a rate of INR 1,200/sq. ft. - The land plots will be sold with the help of real estate agents. Commission at INR 70/sq. ft. - Projected gross profit of INR 3 crore on an estimated project value of INR 12 crore with a net ROI of 175%. - Estimated turnaround time of project is 18 months, this includes the sales and registration time period. - The company leading this project does not have any bank loans. The company has 2 directors with a 60-40% shareholding pattern.