Construction Finance

Construction Finance

Real estate developers require constant financing for undertaking the construction of their projects. The inability to get timely access to funds may impact their ability to complete projects on time, tarnishing their reputation.

We at Maxx Fincorp understand these problems and, therefore, provide construction finance or construction loan to help real estate developers in select Indian cities. Our team of specialists can help you analyze your precise requirements and select the right loan product for your construction business. You can also customize your loan amount, tenure, moratorium, repayment frequency, and others as per the nature and status of your proposed project.

What is a Construction Loan or Construction Finance?

A construction loan or construction finance is a special kind of loan sanctioned to help real estate builders to develop or construct a new real estate project. At Maxx Fincorp, we offer construction finance to any individual or firm engaged in the business of developing real estate projects. Also known as a building loan, our construction loans come with long repayment tenures and competitive interest rates.

If used wisely, construction finance can help real estate developers in the following ways:

  • Funding the construction of projects
  • Acquiring plot and raw materials
  • Paying contractors and labors
  • Complete payment cycles
  • Obtain permits and licenses

Features of Construction Finance

As a real estate builder, you can apply for a Maxx Fincorp Construction Loan and fund all your financial requirements for developing a new real estate project. We provide construction finance for both residential and commercial projects. Below are a few prominent features of our construction loan:

  • Customizable Loan Offerings
Our construction loans are highly customizable. You can select your loan amount, loan tenure, and repayment frequency as per your precise requirements.
  • High Loan Amount
With Maxx Fincorp Construction Finance, you can get a high loan amount that can help you in various stages of your project construction.
  • Multiple withdrawals via online Transactions and Personal Loan OD Facility
Our construction loan interest rates are highly competitive. With affordable interest rates, we ensure that you don’t feel the burden of paying higher EMIs.
  • Efficient Processing
We provide on-spot approval and instant processing on construction finance applications. It means that you won’t have to wait too much to start the construction of your project.

Maxx Fincorp Advantages

Below are the reasons to choose Maxx Fincorp as your construction finance partner:
  • Customizable solutions
  • End-to-end financing
  • Multiple repayment options
  • Appropriate moratorium period
  • Personalized approach

Construction Finance Eligibility

At Maxx Fincorp, we provide construction finance to real estate builders who can fulfill very simple eligibility criteria. The loan size, repayment schedule, loan tenure, asset cover, interest rate, and loan fees for our construction loans are generally determined based on our evaluation of the real estate project and developer, as well as the existing market conditions.

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