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Project Lifeline

Bridge & Construction Finance

Critical gap funding to keep your project moving. Whether waiting for approvals or long-term debt sanction, we bridge the capital shortfall.

Discuss Project Solutions
Fast Disbursement Interest Servicing Only Bullet Repayment

Closing the Gap

Real estate development is capital intensive and time-sensitive. Often, funds get stuck due to delays in approvals or slow sales velocity. Vardhman Bridge Finance acts as a vital liquidity injection to ensure construction doesn't stall.

We provide short-term loans (6-24 months) secured against project assets. This capital can be used to pay for land aggregation, approval costs, or last-mile construction to reach occupancy stage where cheaper home loans kick in.

Use Cases:

  • Land Purchase: Token money or final payment for land.
  • Approval Costs: Fees for municipal sanctions & RERA.
  • Construction: Material and labor payments.
  • DSRA Creation: Funding Debt Service Reserve Account.

Why This Loan Works

Flexible structuring for developers.

Short Tenure

Designed for 12 to 24 months. Exit via project sales or refinance from a large institution.

Moratorium

Interest moratorium during construction period. Interest can be capitalized (funded interest).

Partial Release

Release of mortgage on units sold to customers upon partial payment, facilitating sales.

Speed

We understand project deadlines. Sanctions issued in days post technical diligence.

Developer Eligibility

01

Track Record

Minimum 2 completed residential/commercial projects.

02

Project Status

Clear land title. Approvals should be in process or received.

03

Net Worth

Positive net worth of the developer entity.

04

RERA

RERA registration is mandatory for projects under construction.

Project Documents

  • Technical Sanctioned Plan, Cost Estimate, Architect Certificate.
  • Legal Title Search Report (TSR), Sale Deeds, JD Agreements.
  • Financials Company Balance Sheets and Cash Flow Projections.
  • Sales Data Details of booked units and receivables.

Indicative Terms

Structured finance tailored to project cash flows.

Parameter Details
Interest Rate 14.00% - 18.00% p.a. (Interest Servicing)
Asset Cover 1.5x to 2.0x Security Cover required.
Processing Fee 1.00% - 2.00% of Sanction Amount
Repayment Bullet repayment at end of tenure or linked to sales milestones.
Pre-payment Flexible. Often waived if repaid from project sales.

Funding Process

From site visit to cheque in hand.

1

Proposal

Submit detailed project report (DPR) and cash flows.

2

Site Visit

Technical team visits the site to assess progress and valuation.

3

Term Sheet

Issuance of term sheet with covenants and conditions.

4

Disbursal

Mortgage registration and release of payments.

The Vardhman Advantage

Real estate requires patience and partnership. We act as a stable partner, providing not just funds but also sales support through our channel partners.

Escrow Management

Professional escrow services to manage receivables transparency.

Sales Assistance

We help connect you with underwriters to speed up sales.

Vardhman Mobile App

Frequently Asked Questions

Do you fund SRA projects?

We are selective with SRA (Slum Rehabilitation Authority) projects. Funding depends on the stage of approval and developer reputation.

Can I get a loan for plotted development?

Yes, we fund plotted developments provided the land is converted to non-agricultural (NA) and has layout approval.

What is the minimum loan amount?

Construction finance typically starts from ₹2 Crores.

Build Without Barriers

Secure the capital your project needs to rise.

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