A very attractive and customized project-specific funding at a cost-effective interest rate can be arranged for Real Estate Builders and Developers based on their estimated cash flows for construction of a particular project. Construction finance is given for construction of one specific project and is to be utilized strictly for the same project. The funding can be structured and customized according to the needs of the builder’s requirement. The funding arrangement will be to the maximum value of the project. The kind of projects where funds are arranged include construction on freehold land, SRA Projects, Redevelopment Projects, Joint Ventures etc..
Sr. No | Self Employed Individuals having | |||
---|---|---|---|---|
Proprietorship Firm | Partnership Firm | Private Limited and Limited Company | ||
KYC Documents | ||||
1 | PAN Card | PAN Card | PAN Card | |
2 | Aadhar Card | Aadhar Card | Aadhar Card | |
3 | Current resident address proof | Current resident address proof | Current resident address proof | |
4 | Office Address Proof | Office Address Proof | Office Address Proof | |
5 | GST Registration Certificate | GST Registration Certificate | GST Registration Certificate | |
6 | Partnership Deed | MOA and AOA | ||
7 | List of partners and shareholding pattern onletter head | List of Directors and Shareholding pattern on letter head | ||
Income Documents | ||||
1 | GST Returns – 1 Year | GST Returns – 1 Year | GST Returns – 1 Year | |
2 | Income Tax Returns – 3 years | Income Tax Returns – 3 years | Income Tax Returns – 3 years | |
3 | Bank Statement – 1 year | Bank Statement – 1 year | Bank Statement – 1 year | |
Additional Documents Generally Required | ||||
1 | Existing loan – Sanction letter (if any) | Existing loan – Sanction letter (if any) | Existing loan – Sanction letter (if any) | |
2 | Detailed Project Report | Detailed Project Report | Detailed Project Report | |
3 | Net worth Certificate – CA certified | Net worth Certificate – CA certified | Net worth Certificate – CA certified | |
4 | All Documents related to property | All Documents related to property | All Documents related to property |