Construction Finance Overview
Real Estate is a rapidly developing business in India and this business segment required finance for residential as well as commercial projects. Many banking and non-banking are now offering construction Finance Loans for New Construction.
DFS helps to get project finance to Builders & Developers through banks and financial institutions.
How DFS helps for Construction Finance Loan?
- We cover residential as well as to the commercial properties’ construction.
- Project Report preparation.
- Wide range of the lenders.
- Customised solution to your financial requirement.
- Best in industry ROI.
- Expert helps to select the right lender.
- Fully Transparent Process.
- Hassle Free Disbursement.
Construction finance process
- Project Report.
- Company Profile.
- Valuation & legal Report.
- Evaluation Report on Format.
- Past & future Projection.
- Credit history of the client.
- Documentation.
- Personal Discussion with the client.
Construction Finance Eligibility
To qualify for a Construction Finance Loan in Mumbai & Thane most require you to be:
- An Indian resident.
- Above 21 years of age at the commencement of the loan.
- Age Below 65 when the loan matures.
- Builder with minimum 3 project or 1 lac sq ft.
Construction Finance Documents
Property Documents
- Project Report
- Evaluation Report on format
- Legal & Technical verification
- Company profile
- Past & future Projects
- Property Related Documents
Financial Documents
- 3 yrs Financial of the firm (complete set)
- 3 yrs individual financial paper (Director/Partner/ Proprietor)
- One year bank statement of the Firm
- One year bank statement of Director/Partner/ Proprietor
- All loan sanction letters
- KYC of the firm (Gumastha Licensce/Registration certificate)
- KYC of the Partners/Directors/Proprietor
- Directors Report if Pvt Ltd
- Auditors Report if Pvt Ltd
- MOA/AOA
- Share Holding Pattern on company letter head
- Annual return with ROC copy
- Photographs
- Processing fee cheque
