To cover the costs of the project for Real Estate Developers.
A Project (Construction) loan is a loan specifically for Real Estate Developers who acquiring require funds for their proposed or ongoing construction projects & secured by the project assets and paid entirely from project cash flow. A Project (Construction) Loans are provided to Builders / Developers for the developing and constructing Residential or Commercial Projects.
Features of Project Loan :
Project loans are relatively for short term periods.
Loan Eligibility based on Evaluation of the Project cash flow & Cost of Construction
Competitive Interest rates.
Easy Repayments Option
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