Loans to Builders / Developers for developing and constructing Residential / Commercial Premises. Mortgage of the land over which the building is proposed along with super structure and personal Guarantee of the Partners / Promoters. Repayment will be through escrow account.
Loan to builder / Developers for developing and constructing residential / Commercial premises other than project offered as collateral security. Mortgage of the unsold inventory of adequate Value acceptable to Lender as may be deemed necessary. The Receivables from various on-going Projects to be assigned in favour of Lender. Personal Guarantee of the Promoters of the Company. Any other security as may be considered necessary by Lender.