Residential Project Seeking JV In Karwar
About Business
The business is a proposed residential real estate development project. The promoters own a land parcel in India with plans to develop a residential project having a proposed development area of approximately 46,500 sq. ft. The project is planned to benefit from the increasing residential demand and ongoing infrastructure development in the surrounding region.
Key Highlights
- Owns a land parcel with a proposed development area of approximately 46,500 sq. ft.
- The project site is located near the Goa border.
- The surrounding region is witnessing significant residential and infrastructure development.
- The proposed development is planned as a residential project.
- The promoters have experience in the real estate and building materials trading sector in the Gulf region.
Promoter Profile
The founder is an NRI based in Muscat with experience in the real estate and building materials industry. The proposed residential development is part of the promoter's planned expansion into the Indian real estate sector.
Investment Opportunity
The promoters are seeking strategic investment to undertake the residential project. They are also open to entering into a joint venture with an experienced construction or real estate development company for project execution. The commercial terms of the transaction will be discussed with interested parties.
Clientele type
The business is primarily seeking partnerships with real estate developers, construction companies, joint venture partners, and strategic investors for the development of the proposed residential project.
Premises
OWNED
Premise Size: 46500 sq. ft.
Market Value (in INR): 11.00 Cr
Asking Price Includes
The commercial terms will be discussed with prospective investors.
Reason
The founder owns the land parcel and is seeking a development partner for the proposed residential project while also contributing capital to the project.
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
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