Hi Members,

Do you guys know of the procedure to go through for securing commercial Real estate finance / loan from banks or NBFC?
I am finding it difficult to even speak to someone who knows about commercial real-estate financing let alone get any banks to approve it.
Residential properties have rows of banks lining up to give loans but that doesn't seem to be the case for commercial real-estate.

Help!!!!

THANKS :)
Read more
Reply
3 Replies
Sort by :Filter by :
  • Hi Unitz,

    I have the exact same question.
    Did you happen to find anything more on this?

    Thanks
    CommentQuote
  • Hi Tekki,

    After some substantial search, I did narrow down to Reliance consumer finance. They were eager to finance and were having the best rates around 12.5 PA compared to others like AXIS bank.
    Good luck !
    CommentQuote
  • 12.5 % p.a.??

    Isnt it better to then take a loan against property at 11% to finance purchase of commercial real estate??

    What is the rate being charged by regular banks for loans to purchase commercial office space?
    CommentQuote