A Real Estate (Residential Real Estate) entity from India is looking to raise strategic funding.
BUSINESS BRIEF
The Entity is looking to raise funds worth INR 40 Crores for development of 250,000 square feet residential apartments (including Club house) in Shimla.
Key Investment Considerations:
- Project's cost: INR 123 Crores
- Total revenue generated: INR 225 Crores
- Landowner share: INR 60 Crores
- Developer revenue: INR 165 Crores - Area:
- 5 acres privately held land parcel in Shimla
- The location is easily accessible from Delhi, Chandigarh and other parts of North India via roads.
- Development Structure:
Joint Development (JD) basis and after completion, will be managed and serviced by a leading Hospitality Operator. - Project is proposed to be completed in 4 years from date of launch
Note: The project is located within municipal limits & is open to investment from all Indian Citizens
Current Status :
All approvals are in place including environmental clearance and the project is ready to start.
Proposal
Capital Requirement
INR 39 Cr
Funding Route
Strategic Investor
Extent Of Dilution
Upto 49 %
Share Holding Pattern
Promoter Group
100%
Non-Promoter Share Holder
0%
Reason For Raising Capital
Organic Growth
Business Operation Information
Financial Information |
2019 (in Cr) | 2020 (in Cr) | 2021 (in Cr) | 2022 (in Cr) |
---|---|---|---|---|
Sales |
N.D | N.D | N.D | N.D |
EBITDA |
N.D | N.D | N.D | N.D |
PAT |
N.D | N.D | N.D | N.D |
TOTAL DEBT |
N.D | N.D | N.D | N.D |