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Commercial Real Estate Loans:
Monei Matters has started its new product “COMMERCIAL REAL ESTATE LOANS” for small and mid size commercial and residential Real estate developers on a very competitive interest rates. The basic terms of the Loans under this segment are as follows:-
# Fast Loan Approvals.
# Loans available upto Rs. 200.00 (Two Hundred Crores) for a single borrower.
# Rate of Interest 12.50% to 14.50% PA.
# Loan available for small and mid size commercial and residential real estate projects.
# Loan also available for very small builders who are constructing builder floors on a very small plots.
# Loan available for maximum tenure of 8 years.
# Moratorium for construction period available.
# Loan available in shape of Overdraft facility.
Requirement criteria:
# Both New and old builders are eligible for loan application.
# Collateral security required upto 150% of the loan value. Collateral security may be Residential / commercial / industrial property having clear marketable title. Primary security of project land is not acceptable for collateral security purposes.
# Builder or promoters must have a satisfactory track record of this business line or having proper tie up for construction, sales and marketing for the project.
For more details please contact 9313803227.
OR email us at – pradeep@moneimatters.com