Pune-Based Real Estate Developer Seeking Investment

About Business

The business is engaged in residential and commercial real estate development, backed by a family with more than 26 years of experience in the construction sector. Over the years, the promoters have operated multiple firms within the industry and have built a strong track record of successfully delivering quality projects.

Promoter Experience

The promoters come from a construction-focused business family and have been actively involved in the real estate sector for over two decades. Their experience spans project planning, development, execution, and delivery across residential and commercial segments.

Key Highlights

- More than 26 years of industry experience.
- Three firms operating within the construction and real estate sector.
- Successfully completed over 40 residential and commercial projects.
- Strong understanding of project execution, regulatory approvals, and customer requirements.
- One residential project has already been completed under the newly established entity.

Current Residential Development

The current project is being developed through a newly incorporated firm that commenced operations in April 2026. Despite being a new entity, the project benefits from the experience and execution capabilities built over decades by the promoter group.

Project Details

- Residential apartment project comprising 24 units.
- Four-storey residential development.
- Construction work is actively underway.
- Approximately 25% of the project has been completed.
- All necessary approvals, permissions, and certificates have been obtained.
- Expected project completion within the next 10 to 12 months.

Sales Progress

Market response to the project has been encouraging, with bookings already being received during the early stages of construction.

- 1 BHK apartments priced from approximately INR 31 lakh.
- 2 BHK apartments priced from approximately INR 55 lakh.
- Two 1 BHK units have already been booked.

Project Value

- Estimated total project value: approximately INR 8 crore.

Clientele type

The primary target customers for the project are individual homebuyers and families seeking residential properties for self-use and long-term living.

Premises

OWNED

Premise Size: 4000 sq ft

Market Value (in INR): 3.00 Cr

Asking Price Includes

The investment includes an initial capital contribution of INR 16 lakh. The investor is expected to receive a total return of approximately INR 56 lakh, inclusive of principal and agreed returns, within a maximum period of 18 months (1.5 years).

Reason

The funding is being sought to support the working capital requirements of the ongoing residential project and to ensure its timely completion. The promoters are therefore looking to partner with an investor to facilitate the remaining phases of development.