Real Estate Business Raising Funds In Thrissur
About Business
The promoter has prior experience in real estate development, having successfully completed two multi-storey residential projects with a total constructed area of approximately 69,000 sq. ft. These projects included a mix of residential and partial commercial developments.
The first project comprised a basement, ground floor, and seven upper floors, featuring sixteen 2, 3, and 4 BHK apartments along with commercial spaces on the ground and first floors. The second project consisted of a ground floor plus eight floors, housing a total of thirty 2, 3, and 4 BHK residential units.
In addition, the promoter has conceptualized and developed a residential leasing project consisting of apartments and villas, with a total inventory of approximately 50 units.
The upcoming project is a premium serviced residential development designed specifically for senior citizens. It aims to offer a hassle-free living experience by providing comprehensive support services and taking care of all day-to-day household needs.
Clientele type
The project is targeted at affluent senior citizens who are willing to pay for comfort, convenience, and a secure lifestyle.
Premises
The promoter owns approximately 4.5 acres of land in Thrissur District, which is intended for the proposed development.
Asking Price Includes
The terms of the transaction will be discussed with the potential investors.
Asking Price
INR 8.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
The owner is looking to raise funds to undertake the development of the proposed residential project.
More Details
The individual holds a B.Tech degree in Applied Electronics and Instrumentation from the College of Engineering, Thiruvananthapuram. Although the business has remained dormant since 2018 due to personal reasons, the promoter is now planning to restart operations and has one project currently in the pipeline.
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