Builders Loans

Loan sanctioned to construct or develop a new real estate project including both residential as well as commercial is known as Loan for New Construction. An individual or a firm or company engaged in the business of real estate development or construction (Builder) can avail this loan.

Banks prefer a builder having some reputation and background of quality construction to grant this loan. Lenders expect the builder to be in business for at least 2-4 years. The previous financial statements and the cash flow statements are the key documents based on which the lenders decide the limit to what the loan is to be sanctioned. The maximum limit of loan to be sanctioned may vary from lender to lender depending upon internal policies.

Top Customers

VGN      Olympic Cards      Thalapakatti      Murugan Idli Shop      VijayaShanthi Builders      Agni College      ARS Steels      Aishwarya Fertility      Surya Hospital      KVT HealthCare Centre      Lite Roof      Mukta Housing      Saveetha University      Vels University      Pondy Agro      Kamatchi Steel      Auromatrix Hotels      Dynamic Products      Nobel Logistics      Sai Speed Medical Institute      Hotel Southern Crest      DeeCee Manor      Residency Builders      Maruthi Foundations      Excellent Care Hospitals      KGS Group      Angelform      Accurate Steel      Maruthi Brick Works      Textile India      Vcare Hospital