Project & Real Estate Funding

Potentially, yes. Land acquisition and construction requirements can be evaluated as part of an overall project financing proposal.

The structure depends on the land transaction, promoter contribution, project approvals, development potential, projected cash flows and lender policy.

Inventory Funding is financing against eligible completed or under-construction real estate inventory.

It can help developers unlock liquidity against eligible:

• Residential units
• Apartments
• Villas
• Commercial units
• Shops
• Office spaces
• Plots
• Other eligible project inventory

The facility can provide liquidity while allowing the promoter to manage the timing of inventory sales and project cash flows.

The lender evaluates the eligible inventory, including its legal status, valuation, project approvals, construction status, saleability and existing encumbrances.

Based on the lender's assessment, financing may be structured against the eligible inventory and associated project cash flows.

Repayment may be structured through inventory sales or according to the agreed facility terms.

Project Funding primarily supports the development and construction of a real estate project.

Inventory Funding primarily provides liquidity against eligible completed or available project inventory.

A developer may use project funding during construction and inventory funding at a later stage to unlock capital from unsold assets.

Depending on the lender and transaction structure, inventory-backed funding may potentially be used for refinancing or repayment of eligible existing obligations.

The permitted end-use is subject to the lender's approval and applicable financing conditions.

Yes. Completed inventory can be evaluated for funding, subject to:

• Clear and marketable title
• Project approvals
• Valuation
• Construction status
• Marketability
• Existing encumbrances
• Promoter profile
• Project cash flows
• Lender's credit policy

Yes. Eligible commercial inventory such as shops, offices, commercial units and other approved properties may be evaluated for inventory-backed financing.

The lender will assess the property's location, valuation, legal status, saleability, project status and overall promoter profile.

Warehouse Project Funding is financing for the development, construction, acquisition or expansion of eligible warehouse and logistics assets.

Funding may be considered for:

• Warehouses
• Logistics parks
• Distribution centres
• Industrial storage facilities
• Cold-storage facilities
• Built-to-suit warehouses
• Specialised storage facilities

The structure depends on the project, promoter, location, construction plan and expected cash flows.

Yes. A warehouse developed under a lease, built-to-suit arrangement or other identified occupancy structure may be evaluated for project funding.

Lenders may consider:

• Tenant profile
• Lease/rental agreement
• Lease tenure
• Rental cash flows
• Project cost
• Construction status
• Location
• Promoter contribution
• Exit or repayment strategy

Yes. An operational warehouse can potentially be evaluated for refinancing, expansion, acquisition or property-backed financing.

The funding structure depends on the property's valuation, rental income, occupancy, tenant profile, existing debt and lender criteria.

Potentially, yes. Eligible income-generating warehouse assets may be evaluated based on contracted or projected rental cash flows.

Depending on the transaction, lease-rental-backed or other structured financing solutions may be considered.

Commercial Construction Funding is financing for the construction or development of eligible commercial real estate assets.

It may include:

• Office buildings
• Commercial complexes
• Retail developments
• Shopping centres
• Business parks
• Commercial units
• Institutional/commercial developments
• Other eligible income-generating properties

Funding is subject to project feasibility, approvals, security and lender criteria.

Yes. Eligible under-construction commercial projects can be evaluated for appropriate construction or project financing.

The lender may assess:

• Project approvals
• Construction status
• Total project cost
• Promoter contribution
• Existing debt
• Expected sales/rental income
• Projected cash flows
• Security
• Promoter track record

Potentially, yes. Where the commercial asset is intended to generate rental income, the projected or contracted rental cash flows may form part of the financing assessment.

The final structure depends on the property, tenant profile, lease terms, project status and lender policy.

Yes. Depending on the transaction, financing can potentially be evaluated for:

Property Acquisition + Construction/Development

or

Existing Property Acquisition + Expansion/Renovation

The final structure depends on the asset, transaction value, promoter contribution, cash flows and lender eligibility.

Structured Real Estate Funding refers to customised financing solutions designed for real estate transactions that may not fit into a conventional construction finance or property loan structure.

Depending on the requirement, the structure may involve:

• Project Finance
• Inventory Funding
• Debt Refinancing
• Property-backed Funding
• Receivables-backed Funding
• Lease Rental-backed Funding
• Promoter-level Financing
• Structured Debt
• Multiple-lender financing
• Special Purpose Vehicle structures

The structure is designed around the project's assets, cash flows, security and proposed repayment strategy.

Structured funding may be considered when a project has a specific funding gap or requires a customised financing solution.

Examples include:

• Existing project debt requiring refinancing
• Additional construction funding
• Unsold inventory
• Delayed receivables
• Cost-to-complete funding
• Promoter-level funding requirements
• Project liquidity requirements
• Debt consolidation
• Takeover with additional funding
• Funding requirements involving multiple assets or entities

Suitability depends on the specific transaction and availability of appropriate funding partners.

Yes. Existing project debt can be evaluated for takeover/refinancing, with additional funding potentially considered where the project and lender criteria support it.

A transaction may potentially be structured as:

Existing Debt Takeover + Additional Construction Funding + Inventory Funding

subject to lender assessment.

Potentially, yes. Stalled or delayed projects require detailed assessment of the current project position and the reasons for the delay.

The assessment may include:

• Existing debt
• Construction status
• Pending approvals
• Unsold inventory
• Project receivables
• Cost to complete
• Promoter contribution
• Pending liabilities
• Revised project cash flows
• Exit/repayment strategy

Based on the assessment, refinancing or structured funding options may be explored.

Yes. Existing project debt does not automatically prevent additional financing.

The lender may evaluate the existing exposure, repayment history, security, project cash flows, debt servicing capacity and proposed use of additional funds.

Yes. A project may have multiple requirements that can potentially be evaluated together.

For example:

Project Finance + Inventory Funding + Debt Takeover + Working Capital

or

Commercial Construction Finance + Lease Rental-backed Funding + Refinancing

Aura Fund can assess the overall requirement and explore an appropriate financing structure.

The exact documents depend on the transaction, but commonly required documents include:

Promoter & Entity Documents

• KYC documents
• Company/LLP/partnership documents
• Promoter profile
• Track record
• Existing group exposure

Property & Project Documents

• Title documents
• Development agreement/JDA, where applicable
• Sanctioned plans
• Building approvals
• Commencement permissions
• RERA-related documents, where applicable
• Project approvals and licences

Financial Documents

• Audited financial statements
• Income Tax Returns
• Bank statements
• Existing loan statements
• Project cost statement
• Sources & uses
• Projected cash flows
• Sales and collection details
• Inventory statement

Additional documents may be required depending on the lender and funding structure.

Lenders may evaluate:

• Promoter experience and track record
• Project location
• Land title and ownership
• Project approvals
• Project cost
• Promoter contribution
• Construction progress
• Sales velocity
• Existing inventory
• Receivables
• Existing debt
• Projected cash flows
• Security available
• Repayment/exit strategy
• Overall financial strength

Each lender applies its own credit and risk assessment criteria.

The lender may consider the value and eligibility of the inventory along with factors such as:

• Market value
• Realisable value
• Location
• Construction/completion status
• Legal status
• Existing encumbrances
• Saleability
• Existing project debt
• Promoter financial strength
• Expected repayment from inventory sales

The final funding amount is determined by the concerned lender.

The repayment structure depends on the nature of the project and financing.

Potential repayment sources may include:

• Project sales collections
• Inventory monetisation
• Rental income
• Refinancing
• Asset sale
• Project receivables
• Other approved cash flows

The lender evaluates and approves the repayment/exit structure as part of the financing proposal.

Yes. Aura Fund evaluates large-ticket project, inventory and structured real estate funding requirements for eligible developers, promoters, corporates and property owners.

Depending on the transaction, funding may be explored through banks, NBFCs and other appropriate financial institutions or funding partners.

The timeline depends on the size and complexity of the transaction, documentation, project approvals, property due diligence, valuation, legal and technical assessment and lender credit process.

Straightforward transactions with complete documentation may move faster, while large-ticket, structured, multi-layered or distressed-project transactions may require additional assessment.

Yes. Aura Fund can review the broad funding requirement and assess whether an alternative lender or financing structure may be appropriate.

However, every lender independently evaluates the proposal, and approval cannot be guaranteed.

Aura Fund brings together financial advisory, lender access and structured funding expertise to help promoters evaluate complex real estate financing requirements.

Our approach includes:

Understand the Project → Assess the Funding Gap → Structure the Requirement → Identify Potential Funding Partners → Coordinate Due Diligence → Facilitate Sanction & Closure

Our objective is to help developers and promoters approach the financing process with a clear and structured funding proposition.

You can contact our team with your basic project and funding details.

We would typically seek information regarding:

Project Location → Project Cost → Land Status → Approvals → Construction Status → Sales/Inventory → Existing Debt → Funding Requirement → Proposed Repayment/Exit

Based on the initial assessment, Aura Fund can evaluate potential financing routes.

Call / WhatsApp +91 76250 65345 · Email Operation@aurafund.co.in