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  • Unverified
  • Location:Karnataka, India
  • Year of Establishment:1996
  • Business Type:Business Services
  • Turnover:Rs. 50 Lakh - 5 Crore
    (or USD 100 K - 1 Million)
  • Main Products:Land Developers, Chit Services
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Land Development Loan

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A land development loan is an advance of funds, secured by a mortgage, to finance the making, installing, or constructing of the improvements necessary to convert raw land into construction-ready building sites.

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A land development loan is an advance of funds, secured by a mortgage, to finance the making, installing, or constructing of the improvements necessary to convert raw land into construction-ready building sites. In other words, a land development loan takes an unimproved parcel and breaks it up into a number of smaller, improved parcels upon which homes or commercial buildings will be constructed.

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