Business Overview
- A construction company based in Jhansi, Uttar Pradesh.
- We construct residential and commercial projects.
- Have completed 2 residential projects - construction of residential buildings.
- Currently working on one residential project and one commercial project for which we require funds.
- The residential project is to construct a building with 200 flats.
- Land has an area of 2.4 acres and is owned by the business.
- We have completed 126 rooms and expect to finish the project by next year.
- Project value is Rs. 60 crore.
- The commercial project is to construct a commercial building near the Jhansi railway station.
- The project is on a DBFOT basis (design, build, finance, operate and transfer).
- Land has been leased for 45 years and has an area of 2,150 Sq. Ft.
- Property is meant for passengers and will have various travel agents, restaurants, salon and other commercial activities present. Also have a tie up with Tata group's Ginger Hotel to setup rooms at this property.
- Value of the project is Rs. 45 crore.
- We expect to complete this project by next year.
- Promoter has 25 years of experience in the construction industry.
- Physical assets include land, building, construction material.
Products & Services Overview
Commercial and residential construction, construction of residential and commercial buildings.
Seeking Loan
USD
600 thousand
for
18.0%
annual interest,
1
year
(Native Currency: INR 50,000,000)
Reason:
To pay off current debt due to banks. Rs. 3.75 crore will be used to pay back bank loans and Rs. 1.2...
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Collateral Available: USD 600 thousand
Includes physical assets worth
USD
3.6 million
In talks with 2 Investors
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