Fund Source India offers construction finance to builders and developers to meet their finance requirements to develop an ongoing or to launch a new construction project. We assist builders & developers in fulfilling start-to-finish finance requirements in developing their residential & commercial projects.
We believe in making long-term relationships with builders & developers to cater to their financial requirements in every phase of project development. We also offer services like project finance, last-mile funding, Inventory funding, lease rental discounting, commercial project finance & commercial lease-out facilities.
Our team does a detailed analysis of the project to explore the best possible financial solution & extend the loan facility with tailor-made repayment options within the shortest period. With the help of our construction finance, builders and developers are empowered to deliver their projects within the timeline.
Construction Finance is a loan given by any financial institution recognized by RBI (Reserve Bank of India) to builders & developers to complete their ongoing construction projects which are secured through the project receivables. This loan offers an easy repayment tenor finely aligned with the sale of units and a moratorium period. This loan covers the payments to authorities, vendor & contractor payments, and marketing & admin expenses. Developers are first required to take all necessary approvals from competent authorities and the Rera number to apply for this loan.
Construction Finance loans are offered to builders & developers who are developing construction projects in high-marketable areas that offer good value for money to buyers and attractive returns to their investors. These loans are offered for the following projects:
In India, Construction finance is largely available for developing residential projects that serve the requirements of homes from low to mid-income segments. This is highly supported by the government of India like the launching of the affordable housing scheme in June 2015 which caters to the low-income segments. So raising a loan for a residential project will be a much easier task and & the most preferable segment of financing for the real estate finance industry.
These days a lot of financial institutions offer loans for developing commercial projects but preference is given to office space projects rather than commercial shops & outlets projects.
Rate of Interest ranges between 12% to 16.50% per annum on reducing balance basis
Fund Source India is a premium construction Finance company that provides financial assistance to real estate builders & developers to develop their running or newly launched construction projects. Construction Projects that ensure suitable housing solutions to buyers & also reserve good profit towards the investment.
India’s No.1 NPA funding & OTS Finance Company with Proven Track Record. We are exclusively working for Private Finance for NPA Accounts (NON-PERFORMING ASSET)
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