Real estate developers require constant financing for undertaking the construction of their projects. The inability to get timely access to funds may impact their ability to complete projects on time, tarnishing their reputation.
We understand these problems and, therefore, provide construction finance or construction loan to help real estate developers in select Indian cities. Our team of specialists can help you analyze your precise requirements and select the right loan product for your construction business. You can also customize your loan amount, tenure, moratorium, repayment frequency, and others as per the nature and status of your proposed project.
A construction loan or construction finance is a special kind of loan sanctioned to help real estate builders to develop or construct a new real estate project. We offer construction finance to any individual or firm engaged in the business of developing real estate projects. Also known as a building loan, our construction loans come with long repayment tenures and competitive interest rates.
If used wisely, construction finance can help real estate developers in the following ways:
Funding the construction of projects
Acquiring plot and raw materials
Paying contractors and labors
Complete payment cycles
Obtain permits and licenses