Saga Construction
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Sumit Gupta

Sumit Gupta

Principal Partner, Specializing in Land Development and Investment
  • College of William and Mary: BBA
  • Licensed North Carolina Real Estate Broker
Email: sgupta@icrsaga.com Phone: 252-207-8997 Location Chapel Hill, NC

Sumit Gupta has been in North Carolina real estate sales and development for the better part of this decade. His primary focus is on identifying under-valued real estate investments in the Central and Eastern North Carolina regions. He looks for above average yields with an emphasis on controlling key income producing assets with unique long term potential. Sumit has organized and advised numerous investment groups. He has a solid track record of delivering on projected ROI's. Sumit has experience in initial feasibility studies, implementation, execution and overall project management. With many developers remaining dormant during this economic downturn, Sumit has helped SAGA Construction develop a research-based and sustainable growth model which has allowed SAGA to remain a prolific builder and well positioned to bring the best investment opportunities to its clients. He is passionate about real estate investment and enjoys his work. Sumit also enjoys playing tennis, skiing, traveling and a wide variety of books.

Blog Posts by Sumit Gupta



Recently a friend asked me to give him some advice on an investment opportunity he came across. It was a bank owned oceanfront lot he felt he could purchase for around $400,000. He argued that it had sold just 3 years ago for $900,000 and he projected he could sell this property within 5 years for at least $750,000. My analysis of this investment follows:

Investment 1 (Bank owned oceanfront vacant lot)

Purchase Price: $400,000
Value 3 years ago: $900,000
Projected Sale Price in 5 years: $750,000
Profit: $275,000 (factoring 10% selling costs)
ROI: 13.75% (annualized over 5 years)


Testimonials

"We had a great experience with your company from the lending process throughout construction and best of all delivery was fast and ahead of schedule! We would highly recommend ICR-SAGA to our friends and family because we believe in your philosophy …"

"We purchased our SAGA built home after viewing many other new construction homes in our price range. We believe we were fortunate to have had the opportunity to purchase a SAGA built home and meet the many wonderful people …"

" One of the things we really admire about Saga Construction is the way in which your company handles the relationship with the client. We did not build a large home, yet your company treated us with tremendous respect and consideration the entire time. …"

" The economy of scale and quality SAGA puts into every one of their projects quantifies their incredible efficiency. This efficiency resulted in a less expensive house than I would have received from other builders I have dealt with in the past. …"

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