Unique Construction Startup Raising Funds In Bangalore

Listing ID: SL013946
Posted By: Owner
Last Active: 2+ months ago
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Product / Service

Develop resort sites through joint ventures, sell cottages with 5-star amenities, lease the sold cottages, and run the operations.

Clientele type

Middle-income group, IT youth for Membership. NRI's and IT for cottage sale

Premises

Office in Central Bangalore.

Asking Price Includes

They are offering 45% shares for INR 2.5 crores and a 12% interest for a debt of INR 5 crores, for which the land will be registered.

Asking Price

INR 7.50 Cr

Minimum ticket size

INR 7.50 Cr

Reason

Funds are needed for the first three years for working capital, marketing, and land development for various sites. The land can either be acquired through joint ventures or purchased outright.

Other Details

The team consists of a sales specialist, an architect, an engineer, and a finance specialist, all with an average of over 20 years of industry experience.
Initial sites are proposed at Wayanad, Kabini, Coorg, and Munnar.

Business Tags

Unique Construction Startup Raising Funds In Bangalore

₹10 to ₹200 Cr

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