Project Loan - MAHAMANI CAPITAL

Large-Scale Financing for Real Estate & Infrastructure Projects

₹1Cr-₹50Cr

Loan Amount

9.50%

Interest Rate

7-10 Days

Approval Time

What is Project Loan?

Project loans are specialized financial products designed for real estate developers, builders, and contractors to fund large-scale construction and infrastructure development projects

Project Loan Highlights

Key Loan Features
                            Loan Amount
                            ₹1 Crore - ₹50 Crore
                        
                            Interest Rate
                            9.50% onwards
                        
                            Loan Tenure
                            Up to 10 Years
                        
                            Processing Time
                            7-10 Days
                        
                            LTV Ratio
                            Up to 75%

MAHAMANI CAPITAL offers comprehensive project financing solutions for residential, commercial, and infrastructure development projects. Our project loans are tailored to meet the specific requirements of developers and contractors, with flexible disbursement schedules aligned with construction milestones and project progress.

Key Benefits & Features

High Loan Amount

Finance large-scale projects from ₹1 crore to ₹50 crore based on project viability and developer's track record

Flexible Disbursement

Stage-wise disbursement linked to construction milestones - foundation, structure, finishing phases

Long Tenure

Repayment tenure up to 10 years with moratorium period during construction phase

Project Evaluation

Comprehensive project assessment by expert team - technical, legal, and financial viability

Dedicated RM

Relationship manager assigned for project monitoring and ongoing support throughout tenure

Security Options

Multiple collateral options - land, construction in progress, or developer's existing properties

Types of Projects Financed

We provide financing for various types of real estate and infrastructure development projects

Residential Projects

Apartment complexes and housing societies
Villa and bungalow developments
Plotted residential developments
Township and integrated projects
Affordable housing schemes

Commercial Projects

Office buildings and IT parks
Shopping malls and retail complexes
Hotels and hospitality projects
Warehouses and logistics centers
Mixed-use developments

Infrastructure Projects

Roads and highways construction
Bridges and flyovers
Water supply and sewage systems
Educational institutions
Healthcare facilities

Eligibility Criteria

Project Loan Eligibility Requirements
Applicant Type	Real Estate Developers, Builders, Construction Companies, Partnership Firms, Private Limited Companies
Business Vintage	Minimum 5 years of experience in real estate/construction industry with proven track record
Past Projects	Successfully completed at least 2-3 projects of similar nature and scale
Project Approvals	All necessary government approvals, NOCs, building plans, environmental clearances in place
Land Ownership	Clear title to land with no encumbrances, legal disputes, or pending litigation
Financial Strength	Strong financial position with adequate net worth and liquidity to contribute margin money
Credit Score	Good credit history of promoters/company - minimum 700+ credit score
Project Viability	Detailed project report showing technical, financial, and commercial viability
Margin Contribution	Developer must contribute 25-30% of total project cost as margin/equity

Required Documents

Company & Promoter Documents

Company incorporation certificate / Partnership deed / LLP agreement
PAN Card and Aadhaar Card of all promoters/directors
Memorandum and Articles of Association (MOA & AOA)
Board resolution for loan application
List of directors/partners with shareholding pattern
Net worth certificates of promoters/guarantors

Financial Documents

Audited financial statements for last 3 years (Balance Sheet, P&L, Cash Flow)
Income Tax Returns (ITR) of company for last 3 years
GST registration certificate and GST returns for last 12 months
Bank statements for last 12 months (all accounts - current and CC/OD)
Sanction letters and statements of existing loans/credit facilities
Details of assets owned by company and promoters

Project-Related Documents

Detailed Project Report (DPR) with technical specifications and cost estimates
Approved building plan from municipal authority
Commencement certificate / Construction permission
Environmental clearance (if required for project type)
NOC from fire department, pollution board, and other authorities
RERA registration certificate (for residential projects)
Architect's estimate and structural design certificates
Valuation report of land and project by approved valuer

Property Documents

Original sale deed and chain of ownership documents (13-30 years)
Property tax receipts paid for last 3 years
Encumbrance certificate (EC) showing clear title
Survey documents and site plan with boundaries
Land use conversion certificate (agricultural to non-agricultural)
NOC from landowner if land is on lease/development basis

Track Record Documents

Details of past projects completed with photographs and completion certificates
Client testimonials and references from previous projects
Ongoing project status reports with progress photographs
Awards, certifications, and recognition received (if any)
Contractor licenses and professional registrations

Stage-Wise Loan Disbursement

Project loan is disbursed in multiple stages based on construction progress and milestone completion

1

Land & Foundation Stage

20-25% of loan - Released after land purchase completion, site clearance, and foundation work

2

Plinth Level Stage

15-20% of loan - Released upon completion of plinth level construction and structural work

3

Floor Completion Stage

20-25% of loan - Released progressively as each floor construction is completed and verified

4

Roofing & Structure Stage

15-20% of loan - Released after roof completion and full structural work inspection

5

Finishing Stage

10-15% of loan - Released during internal/external finishing, electrical, plumbing work

6

Project Completion

5-10% of loan - Final release upon occupancy certificate and project handover completion

Our Project Financing Track Record

₹500Cr+

Project Finance Disbursed

150+

Projects Successfully Funded

95%

On-Time Completion Rate

100+

Developer Partners

Frequently Asked Questions

What is the maximum loan amount available for project financing?

MAHAMANI CAPITAL offers project loans from ₹1 crore to ₹50 crore depending on project scale, developer track record, and project viability. Loan amount can go up to 70-75% of total project cost with developer contributing remaining 25-30% as margin.

What is the typical interest rate for project loans?

Interest rates start from 9.50% per annum and vary based on developer's credit profile, project viability, collateral security, and prevailing market conditions. Rate can be floating or fixed based on agreement terms.

How long does project loan approval process take?

Project loan approval typically takes 7-10 days after submission of complete documentation and project report. Process includes technical evaluation, legal verification, financial assessment, and site inspection by expert team.

What is the repayment structure for project loans?

Project loans typically have moratorium period during construction phase where only interest is serviced. After project completion or as units are sold, principal repayment begins through EMI or bullet payment from sale proceeds. Total tenure can be up to 10 years.

What collateral security is required for project loans?

Primary security is mortgage of project land and construction thereon. Additional collateral may include developer's existing properties, personal guarantees of promoters, and assignment of project receivables/sale proceeds.

Can new developers without track record get project loans?

While preference is given to experienced developers with proven track record, new developers can qualify with strong promoter credentials, adequate financial backing, clear project approvals, and higher margin contribution (30-40%). Joint ventures with experienced developers also strengthen application.

What happens if project gets delayed or faces issues?

Project monitoring is done regularly through relationship manager and site inspections. In case of delays, reasons are evaluated and resolution plan created. Bank may provide extension with additional interest, require fresh securities, or invoke guarantee depending on situation and developer cooperation.

Are there any processing fees or hidden charges?

Processing fee ranges from 0.5-2% of loan amount depending on project size and complexity. Other charges include legal fee, technical evaluation fee, valuation charges, and documentation charges. All fees are disclosed upfront with no hidden charges.

Ready to Fund Your Project?

Contact MAHAMANI CAPITAL for expert project financing solutions and dedicated support

Mahesh Gawali
Project Finance Expert

+91 9823980299
Call / WhatsApp

mahamanicapital@gmail.com
Email Support

Chhatrapati Sambhajinagar
Near Jawahar Nagar PS

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