q Corporate Entity
q Approval from NBCC/HUDCO in cases where borrower undertakes their project work.
q The borrower should have technical competence/employed professionally qualified persons.
q The borrower should engage reputed firms of Architects.
q The promoters should have proven track record and have successfully completed minimum 3 projects
q Only fresh proposal with exclusive banking.
q Minimum 20% of the project cost should be initially borne by the borrower and disbursement linked with the work in progress
q Finance is provided to private builders for meeting the resources gap, on commercial consideration