1. The Scheme: The scheme of assistance is for construction of commercial complexes.

2. Eligibility: Proprietary/Partnership/Companies shall be eligible for assistance. Construction shall be mainly at Chennai and in District Head quarters and Municipal Towns

3. Purpose of assistance: The assistance will be for construction of building, Air conditioning., communication facilities, Lift and other facilities that are necessary for Commercial Complexes.

4. Project Cost: The minimum assistance will be Rs.10 lakhs and maximum assistance will be Rs.90 lakhs for proprietary and partnership firms and maximum assistance will be Rs.250 lakhs for limited companies.

5. Promoters' Contribution: Promoters Contribution shall be 35% minimum.

6. Debt Equity Ratio: DER shall be 2 : 1 maximum.

7. Repayment:

• Outright sale basis: Sale of any part of building / module shall have prior approval of Corporation. Sale proceeds including advances shall be remitted directly to the Corporation. Irrespective of the sale or otherwise of modules / parts of building, the borrower shall pay the interest on the outstanding loan every month without fail and shall settle the account within the repayment period stipulated. Loan shall be repaid within 4 years from the date of first disbursement.
• Lease Basis: Lease of any part of building / module shall have prior approval of the Corporation.Lease advances shall be remitted to us by Lessee. The amount will be adjusted in the last instalment of term loan.Lease deed to be executed between the borrower and lessee shall have provision for the Corporation to take possession of leased premises in case of any default to us. Lease rental shall be paid to the Corporation every month. Loan shall be repaid within 8 years including moratorium period not more than 2 years.