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 Bhubaneswar

New residential construction company with 2 projects signed seeks funds for construction.

Key Business Facts
Yearly Sales Nil
EBIDTA Margin Nil
Industries Residential Real Estate Construction
Locations  Bhubaneswar
Business Overview
- Company engaged in the construction of residential apartments in Bhubaneswar.
- We sign agreements with owners of property for the construction of buildings and give them a share in the apartments.
- Experience of 10+ years in construction for promoters.
- This is a new entity, hence this is our first project.
- Current projects include two residential projects with 55 and 75 units.
- Projects have received RERA approval and adhere to GST regulations.
- Projects are undertaken in both the south and north regions of Bhubaneswar.
- Formal agreements are in place with property owners for ongoing projects.
- The estimated completion time for projects is set at 3 years, ensuring timely delivery.
Products & Services Overview
Company engaged in the construction of residential apartments in Bhubaneswar.
Capitalization Overview
Shareholders are 2. No loans or debts. Self funded operations.
Assets Overview
Assets include: Office furniture, fixtures, and equipment.
Seeking Loan
USD 60 thousand for 15.0% annual interest, 3 years (Native Currency: INR 5,000,000)
Reason: We require funds for our ongoing projects.
Collateral Available: USD 12 thousand
Includes physical assets worth USD 60 thousand

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