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Real Estate Construction Businesses Seeking Loan in Kanpur

Showing 1 - 1 of 1 Real Estate Construction Businesses Seeking Loan in Kanpur. Lend to a Real Estate Construction, Homebuilding, Construction, Land Developer or a Residential Real Estate Construction Business.

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Newly Established Residential Real Estate Construction Company Seeking Loan in Kanpur, India

Construction company with 30+ years of promoter expertise, securing a 1.7 Crore contract.
We have formed a strategic partnership with a company based out of Jhansi for IOCL projects on a profit-sharing basis. (Expected Completion in 6 months) - We also are in discussion with a client to manage his Real Estate Asset which is worth INR 4 Crore and we are expecting a fee of 20% on it. (Expected Completion 18 months) - We have identified places to start our first Real Estate Development Project. (Expected Completion 24 months) - On investment of this INR 2 Crores, we estimate sales (worst case scenario) of INR 4 Crore and a Gross Profit of around 2 crore. - We believe our project will earn enough turnover to be able to pay a 20% interest rate due to our strong suit of promoter experience. One of our promoters has 30 + years of experience working as an Executive Director in a construction company. He has led and executed projects in nuclear power plants, aviation fuel centers, LPG bottling plants, petroleum plants, and thermal power plants. Our other promoter has 15+ years of experience working in the senior management department of a construction company. - However, 20% is the maximum interest rate we are willing to pay, and also open to a loan for a lesser rate and longer tenure.
6.5   Kanpur
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 236 K at 20%
Contact Business
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Newly Established Residential Real Estate Construction Company Seeking Loan in Kanpur, India

Construction company with 30+ years of promoter expertise, securing a 1.7 Crore contract.
We have formed a strategic partnership with a company based out of Jhansi for IOCL projects on a profit-sharing basis. (Expected Completion in 6 months) - We also are in discussion with a client to manage his Real Estate Asset which is worth INR 4 Crore and we are expecting a fee of 20% on it. (Expected Completion 18 months) - We have identified places to start our first Real Estate Development Project. (Expected Completion 24 months) - On investment of this INR 2 Crores, we estimate sales (worst case scenario) of INR 4 Crore and a Gross Profit of around 2 crore. - We believe our project will earn enough turnover to be able to pay a 20% interest rate due to our strong suit of promoter experience. One of our promoters has 30 + years of experience working as an Executive Director in a construction company. He has led and executed projects in nuclear power plants, aviation fuel centers, LPG bottling plants, petroleum plants, and thermal power plants. Our other promoter has 15+ years of experience working in the senior management department of a construction company. - However, 20% is the maximum interest rate we are willing to pay, and also open to a loan for a lesser rate and longer tenure.
6.5   Kanpur
Run Rate Sales
Nil
EBITDA Margin
Nil
Business Loan
USD 236 K at 20%
Contact Business
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