All about Commercial Property Loan - HDFC Sales Vlog

Hdfcsales12 Oct, 2022Finance

What is Commercial Property Loan? - A credit option for people who want to purchase commercial property - Also known as Real Estate Property Loan Purposes of Commercial Property Loan - Buying a new office - Buying a new store or a clinic - Expansion/ renovation of an office/ store/ clinic - Development of marts - Development of business infrastructure and work premises for SMEs - Buying a property for business purpose - Development of properties to rent them to SMEs Who can Apply? - Self-employed working professionals like Chartered Accountants, Doctors, Lawyers etc. - Business Owners What are the advantages of commercial property loans? -Capital Gains ? - Commercial property values are likely to increase - Sell the purchased property and receive a lump sum amount - Use this amount to grow your business -Reduced Interest Rates - - Commercial property loan interest rates are more affordable