Old Real Estate Project with 30% ROI in Need for Funding

It is a real estate project at Uttarakahand state of India. 50% of the project was already sold in year 2006 but there is still scope for development.

- Real estate project
- Target market is the local end-user
- Revenue will be generated through sale of available stock at new price & recovery on old sold stock
- This project has a premium location in the city
- Current progress is only 20%
- The project will finish within 36 months
- Funding is needed to start construction and development
- The investor will get good ratio on their investment - 30%; Payback within 36 months

For more information on the project, please refer to the attached file.

- Other builders are our competitors in this city
- In this location there is no other project approved by the government
- The location of the project is prime

- This is an old project, sold in a one week in 2006, and there is a good demand for Real Estate
- We make money through first sale of available stock, resale of sold stock and recovery through interest on delay payment
- There is sufficient evidence of the feasibility of the model, e.g. near this project there is a small project on 10 acre of land in which same practice was done by the builder
- I am involved in the Real Estate field since 2003

- Fund need to pay the land cost of existing company within one year
- I am going to purchase this project because the current company is unable to execute this project due to lack of experience in the real estate sector and other reason is a partnership between four people
- No need of additional rounds of funding are envisaged

- I need a silent investor
- Investment schedule can be of 4 instalments