Serviced Apartment Seeking Loan in Navi Mumbai, India

- Business that provides residential rental accommodation spaces to its customers.

- The sales have increased considerably because of changes in the business model and also because of more marketing.

- We have a collective total of 128 beds which are provided to our customers.

- Our occupancy rate is around 88%.

- We provide long-term rentals and our average monthly rental price is INR 13k.

- The rental prices start from INR 6.5k and range all the way to INR 28k.

- Our target customer segment is the people who migrate for their jobs and also students.

- We are available in Chandigarh, Calcutta, and Navi Mumbai.

- The business receives a majority of its customers through social media inquiries.

The business provides spacious single bedrooms to its customers.

The physical assets of the business comprise furniture and vehicles.

Operating from a rented office in Navi Mumbai, the rent is INR 25k for a space of 900 sqft.

The business has 3 owners and it is a private limited company.

We have a loan of INR 2.5L in the business.