Chennai-Based Residential Project Seeking Investment
About Business
Project Types: Apartments
Project Status: Pre-launch
Total Units: 80
Revenue Model: Outright sale
Ticket Size INR: ₹50L–1Cr
Amenities Offered: Gym, Swimming Pool, Clubhouse
Available Configurations: 2 BHK, 3 BHK
Residential real estate development company seeking investment for a new housing project in Chennai, planned on approximately 3.5 acres of finalized land under a proposed JV structure.
Project Highlights
- Planned residential development with approximately 70–80 flats.
- The project is located near an engineering college and within convenient reach of the airport.
- The land has been finalized, with the JV and related legal processes currently underway.
- Construction has not yet started.
- Project layout is under preparation, followed by legal review and statutory approvals.
- The project is expected to be developed as the company’s first own residential project.
Company Background
- The company was incorporated this year and is undertaking its first development project.
- The promoters have 14+ years of experience in the real estate sector.
- Previously, the promoters have worked as channel partners for residential real estate projects.
Growth Trajectory (YoY) : 80%
The company is managed by two directors, both based in Chennai.
Clientele type
Individual homebuyers, families, and property investors looking to purchase residential flats in Chennai.
Premises
LEASED
Lease per month (in INR): 25.00 K
Security Deposit (in INR): 60.00 K
Carpet Area: 2,400 sq ft
Use of Funds
The terms of the transaction will be discussed with the potential investors.
Reason
Marketing & customer acquisition
Build infrastructure / assets
Working capital requirements
Funds are being sought specifically for project layout and marketing activities.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
Supported by Advisors with 26+ Years of Experience