Securing BHD 10 Mn of funding for promoters of a real estate project
Client / Industry Brief
This is a large-scale real estate development project promoted by a Bahraini partner and an Indian partner
The Indian promoter has developed over 5 million sqm of area in India and have been in the real estate industry for five decades
The Bahraini partner is a well known real estate developer in Bahrain that has successfully developed and delivered several projects
The Indian promoter has developed over 5 million sqm of area in India and have been in the real estate industry for five decades
The Bahraini partner is a well known real estate developer in Bahrain that has successfully developed and delivered several projects
Project Objectives
The promoters have already purchased the land required in 2009.
The total project cost is approximately BHD 55 Mn out of which BHD 10 Mn worth of land has been paid for and the contractor has entered into a barter agreement to put up another BHD 10mn of his own equity
Empact are playing the role of financial consultants by helping the promoters secure a BHD 10mn working facility.
The remainder of the project will be funded by sales to customers
The total project cost is approximately BHD 55 Mn out of which BHD 10 Mn worth of land has been paid for and the contractor has entered into a barter agreement to put up another BHD 10mn of his own equity
Empact are playing the role of financial consultants by helping the promoters secure a BHD 10mn working facility.
The remainder of the project will be funded by sales to customers
Project Methodology
Project Benefits
The project is expected to have a profit of BHDD 8 Mn with a margin of 15%
