Real Estate is India's rapidly developing business segment and multiple financial institutions including banking and non banking are offering Loans for New Construction i.e., construction finance under project finance / loan.

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

Project finance / Construction Finance is the long term financing of infrastructure based upon the projected cash flows of the project rather than the balance sheets of the project sponsors. This Construction loans / finance are most commonly non-recourse loans, which are secured by the project assets and paid entirely from project cash flow. This Construction finance is typically secured by all of the project assets, including the revenue-producing contracts. Project finance lenders are given a lien on all of these assets, and are able to assume control of a project if the project company has difficulties complying with the loan terms.

CFPL are specialized in Arrangement of Project Finance to Builders & Developers through banks and financial institution which CFPL has developed through trust and experience over decades.

Customizing our services to your unique requirements, we will develop and execute a financing that will maximize the economic value of your project. Project finance is the long term finance based upon the projected cash flow of the project.

CFPL offers customize service to customers according to their requirements based upon their projects and experience.

• No private Investor Required

• Better rate of Interest

• Financial Support

• No Extra collateral required

1. Project Report.

2. Company Profile.

3. Valuation & legal Report.

4. Evaluation Report on Format.

5. Past & future Projection.

6. Credit history of the client.

7. Documentation.

8. Personal Discussion with the client.

To qualify for a Construction Finance, most of the lending institutions in India require you to be:

• An Indian resident.
• Above 21 years of age at the commencement of the loan.
• Age Below 65 when the loan matures.
• Seasonal Builder with minimum 3 project or 1 lac sq ft.

Construction Finance Documents can be classified in two Parts

Property Documents -

1. Project Report

2. Evaluation Report on format

3. Legal & Technical verification

4. Company profile

5. Past & future Projects

6. Property Related Documents

Financial Documents-

1. 3 yrs Financial of the firm(complete set)

2. 3 yrs individual financial paper(Director/Partner/ Proprietor)

3. One year bank statement of the Firm

4. One year bank statement of Director/partner/ Proprietor

5. All loan sanction letters

6. KYC of the firm(Gumastha Licensce/Registration certificate)

7. KYC of the Partners/Directors/Proprietor

8. Directors Report if PVT LTD

9. Auditors Report if PVT LTD

10. MOA/AOA

11. Share Holding Pattern on company letter head

12. Annual return with ROC copy

13. Photographs

14. Processing fee cheque