Ticket Size: ₹10 Crore – ₹100 Crore
Loan Against Property ₹10 Crore+ in India
High-Value Secured Term Loans from ₹10 Cr to ₹100 Cr Against Commercial, Industrial & Residential Real Estate
Executive Overview
For a loan against property for business in Odisha, discuss a ₹10 crore-plus requirement with CreditCares. Business owners can enquire about property-backed funding for expansion, working capital or refinancing, subject to lender policy. Property location, title, valuation, existing charges and repayment capacity affect assessment. Odisha enquiries are handled through our advisory team; no Odisha office is claimed.
Target Borrower Profiles
- •Corporate entities and promoters owning prime commercial real estate in Mumbai (BKC, Lower Parel, Nariman Point) or Kolkata (Park Street, Salt Lake)
- •Industrial manufacturers with self-occupied MIDC/WBIDC factory plots and warehouse parks
- •High Net Worth Individuals (HNIs) and family offices with luxury residential portfolios
- •Enterprises seeking balance transfer of existing high-interest loans with top-up funds
- •Real Estate developers needing liquidity against unsold commercial or retail inventory
Underwriting & Eligibility Metrics
| Evaluation Metric | Standard Requirement |
|---|---|
| Property Title Clearance | 100% clean, marketable title with non-encumbrance certificate for minimum 30 years |
| Borrower Income Profile | Demonstrated cash flows to service EMI; minimum Debt-Service Coverage Ratio (DSCR) of 1.35x |
| Occupancy Status | Self-occupied, vacant, or leased to reputed corporate/commercial tenants |
| Legal Sanction | Approved municipal building plans, Occupancy Certificate (OC), and clearance from local authorities |
Financing Benchmark
Indicative Rate:8.40% – 10.25% p.a.
Maximum Tenor:Up to 15 Years
Min – Max Ticket:₹10 Crore – ₹100 Crore
WhatsApp Advisory DeskRequired Documents
Property Title Chain Documents
- • Registered Sale Deed, Conveyance Deed, Lease Deed, or Allotment Letter from MIDC/WBIDC
- • Approved Building Layout Plans with Sanction Letter from Municipal Corporation (BMC/KMC)
- • Occupancy Certificate (OC) / Completion Certificate (CC) and latest Property Tax receipts
- • Search Report & Non-Encumbrance Certificate (NEC) for past 30 years by practicing advocate
Borrower Financial Profile
- • Last 3 years audited balance sheets, profit & loss statements with tax audit schedules
- • Last 3 years ITR filings of applicant company, co-applicant entities, and individual guarantors
- • Last 12 months bank statements showing regular commercial transactions and existing EMI debits
Corporate & Legal Documents
- • Board Resolution under Section 179/180 of Companies Act authorizing mortgage creation
- • PAN, Certificate of Incorporation, Memorandum & Articles of Association (MOA/AOA)
- • Net worth certificates of promoters certified by independent Chartered Accountant