Residential Real Estate Construction Company Seeking Loan in Chennai, India
Residential real estate developer in Chennai, seeking funds for 2 ongoing projects.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 270 thousand |
| Run Rate Sales | USD 540 thousand |
| EBITDA Margin | 20 % |
| Industries | Residential Real Estate Construction |
| Locations | Chennai |
| Local Time | 3:42 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
560 thousand
for
15.0%
annual interest,
3
years
(Native Currency: INR 50,000,000)
Reason: Working capital for completing on-going projects and potential new projects.
Collateral Available: USD 0
Includes physical assets worth
USD
34 thousand
Interested to connect with advisors
Documents
ROC-Verification.pdf
(60.8 KB)
Business Overview
- We are a residential real estate construction company based in Chennai.
- Have completed 2 projects so far and we have 2 ongoing projects in Anna Nagar.
- For our projects, we obtain permission from the landowner, construct and develop the property, and then promote and sell it.
- Our current projects will bring in a revenue of about INR 4.8 crore.
- The expected duration for completion of a project is 15-18 months.
- Have 5 permanent employees and 20+ contract staff for on-site work.
- Our revenue has grown since we only received 1 project last year, but we already received 2 projects this year and are expecting more projects.
- Directors have more than 15 years of experience and have completed 100+ medium level projects within Chennai city with a good reputation.
- Have completed 2 projects so far and we have 2 ongoing projects in Anna Nagar.
- For our projects, we obtain permission from the landowner, construct and develop the property, and then promote and sell it.
- Our current projects will bring in a revenue of about INR 4.8 crore.
- The expected duration for completion of a project is 15-18 months.
- Have 5 permanent employees and 20+ contract staff for on-site work.
- Our revenue has grown since we only received 1 project last year, but we already received 2 projects this year and are expecting more projects.
- Directors have more than 15 years of experience and have completed 100+ medium level projects within Chennai city with a good reputation.
Products & Services Overview
Residential real estate development, flat promotion, joint venture, construction.
Facilities Overview
Rented office of 1,000 sq ft for INR 25,000 per month.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business
-
Earlier than 15 daysIndependent Advisor, Mumbai, Financial Consultant connected with the Business
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