Corporate Finance
Real estate loans are provided to builders and developers for developing and constructing residential or commercial premises, open plotting ventures against the land on which the proposed project takes place.
Construction finance or project finance differs from regular lending mechanisms. Under this real estate/construction finance, banks evaluate project cost and construction cost in detail before lending to the concerned builder.
Depending upon the project cost, tenure, cash flows, and commercial viability, the construction finance amount is quantified and disbursed accordingly to the builder or developer.
Depending on the developers’ requirements, customized and suitable loan products are offered by banks.
Documents Required for Verification and Processing
