Mas Rural Housing and Mortgage Finance Limited
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Affordable housing developers require a continuous flow of fund to ensure timely completion of the project and delivery of units to the customers. On the basis of a detailed evaluation of the project, Mas offers customized financing solutions to the developers for affordable housing projects they are developing.
- Construction finance to developers who are developing affordable housing projects
- Loans up to Rs 5 Crores
- Loans for up to 50% of the current land value
- Flexible loan tenure up to 36 months
- Customized loan options
- Expert financial advisory based on detailed evaluation of the project
- Minimum 5 years of business vintage
- Minimum experience of completion of 3 projects in the past
- Minimum booking of 20% out of the total units in the project
- Minimum 15% of the construction should have been completed at the time of application
- All the plans & permissions should be approved from Competent Authorities
- Duly filled Application Form with photographs.
- Identity proof, residence proof of Individuals & Firm/ Company.
- Last 1 year banking of Individuals & Firm/ Company.
- Last 3 years Income Tax returns along with Profit/Loss statements & Balance Sheet of both Individuals & Firm/ Company.
- Detailed Project Report along with booking details of the current project
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