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Land Developers Businesses Seeking Loan in Bhubaneswar

Showing 1 - 1 of 1 Land Developers Businesses Seeking Loan in Bhubaneswar. Lend to a Land Developer Business.

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Newly Established Land Developers Company Seeking Loan in Bhubaneswar, India

Innovative real estate company with a high ROI plotting project underway seeks an investor.
- 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.
7.5   Bhubaneswar
Run Rate Sales
USD 500 thousand
EBITDA Margin
16 %
Business Loan
USD 120 K at 24%
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