Real estate is the largest supplier of employment in the society. It is also the key contributor to the economic growth of a nation. Add to this, here is a government immensely focussed to provide housing for all by 2022 which has resulted in further demand of housing especially in the affordable segment. Our construction finance loans are intended to provide working capital to such developers so that they can successfully complete their projects and add to the housing stock of the economy.
Developers with proven track record of having successfully completed past projects.
Construction finance is available for completion of any under construction project provided all project related approvals are on record.
Construction finance is provided upto Rs. 25 crore
The entire project land parcel along with construction thereon is the security for the loan. Additionally, guarantees of the promoters/partners are required and assignment of entire project receivables
Construction finance is available for a tenure upto 4 years
We offer construction finance at an interest range of 15% - 18% depending on the risk assessment of the project.