Eligibility Criteria
Completion History of minimum 1.5 Lakh Sq. ft.
10+ Projects completed & delivered
Past history of timely delivery of Projects
RERA Registration not mandatory. Mini CF Calculation Simplified
Value (in Lakhs)
Scenario 1
Scenario 2
Scenario 3
Plot – Market value (A) Construction estimate (B) Total Cost (A+B) = C
300 350 650 75 750
200 400 600 75 750
400 200 600 70 700
Per Unit cost (assuming 10 units) Sales Receivables of project (D)
Value (in Lakhs)
Scenario 1
Scenario 2
Scenario 3
For Plot purchase For Project construction Total loan amount Overall LTV
150 245 395 61%
100 280 380 63%
140 140
280 47%
For Plot Purchase - LTV applicable will be 50% of Market Value Eligibility calculation basis Cash profit method with applicable FOIR Plot purchase loan amount cannot exceed 50% of total loan amount For Project Construction - LTV applicable 70% of Construction Cost Calculation basis the available sales receivables in the project. 70% of sales receivables
Note: EMI to start from date of first disbursement. No Pre-EMI allowed Builder to give undertaking for proportionate prepayment on sale of every floor/unit’NOC issuance S1% - 75% of the sales receivable value to be collected at time of NOC issuance. In case of lower amount collected at time of NOC issuance, builder to make payment of 75% of amount collected over & above the monthly EMI payment as per due date
Mumbai | Ahmedabad | Pune | Indore | Jaipur | Bangalore Chennai | Coimbatore | Hyderabad | Delhi
To know more, contact our Relationship Manager or 1800-270-7000 (toll free)
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