1. Min 1 lakh to 20 Crore
2. The following person is only eligible and strictly allowed for the financiers meeting.
a. Who has the name in sale deed in property document
b. Registered power holder
c. Who has original property document.
3. Third (3rd) party collateral is accepted.
4. Payment will be made only to the person whose name in sale deed in case of third (3rd) party collateral / registered power holder / original property document holder.
5. Financier’s decision is final in regards to all financial related to legal, valuation etc.,
6. Finance amount will be 100% in white.
7. Finance NOT available for the following property documents
a. Gramanatham (with OR without PATTA)
b. Natham purampokku
c. Slum Board
d. Minor property
e. Litigation property
f. Industrial zone vacant land property
g. Agriculture land with well
8. SICK UNIT – COMPANY/ FACTORY DUE TO FINANCIAL PROBLEM.
9. CONSIDERATION ON CIBIL & DEFAULT AND DRT CASE.
10. ALL TYPES CREDIT CARD DUES.
11. NON PAYMENT OF PREVIOUS LOANS.
12. FINANCE AGAINST VACANT LAND IN AND AROUND CHENNAI CITY PROPERTIES.
13. WITHOUT BANK STATEMENT.
14. WITHOUT IT DOCUMENTS
15. SHORT – TERM EMERGENCY LOANS.
16. EMERGENCY LOAN TO AVOID AUCTION DUE TO N.P.A
W I T H O U T I N C O M E PROOF – Against PROPERTY (Property Value Minimum 200 Crores) – TAMILNADU Main Cities
GIFT AMOUNT – NON REFUNDABLE PAYMENT for customer)
1. Original property document should be in hand (without binding- loans)
2. Clear document – Without any legal issues (court, case)
3. Should not be occupied by anybody
4. Should be no litigation
5. Should be non-agriculture land
6. Should be non-estate property
CONSTRUCTION LOAN
construction loan-1
1. We arrange finance for building construction on direct property (OR) Registered Joint Venture.
2. Finance available for approved plan, also for making approval of vacant land of building project.
3. Funding for CONSTRUCTION projects (from BASEMENT to BUILDING FINISHING)
4. Also available for being developed building (ONGOING PROJECT)
5. Maximum 50% on property MARKET VALUE.
PROPERTY BASED - ”DOCUMENTS REQUIRED”
docum
SALE DEED DOCUMENTS
PARENT (MOTHER) DOCUMENTS
PATTA, CHITTA, ADANGAL WITH SURVEY NUMBERS
PROPERTY TAX, WATER TAX, E.B.BILL & CARD.
BUILDING PLAN APPROVAL.
ENCUMBRANCE CERTIFICATE (EC) FOR 40 YEARS
LEGAL OPINION (FOR COLLATERAL)
LAYOUT / FMB SKETCH & ECT…
1. Valuation Report prepared by a Government Approved Valuer. (Not older than six months)
2. Search / Title Report carried out by an advocate / solicitor from the approved panel showing search for at least 40 years. (Not older than 3 months)
