PropEx

Immovable Asset due diligence
during Mortgage financing

PropEx is a property de-duplication solution for identifying if Immovable asset under finance was not previously financed by your organization. It helps in identifying unique properties to avoid re-mortgaging of the same property. For Mortgage loans, it is imperative to ensure that the property being financed is not previously financed or is mortgaged as a collateral in any other account. Apart from this, it will be useful to determine the complete exposure of the Project that is being considered for funding and the builder’s exposure.

Key Features

PropEx Key Features
You choose the matching criteria. You are the boss, and you will be able to decide the matching criteria according to which you want to search.
The results can be bucketed according to their respective categories.
You can transfer the data from different sources.
Integrate the solution with seamless profiles based on SOA.

Solutions

Unique Property Identification

Unique Property Identification

  • Property deduplication
  • Identify unique properties and assign unique ID
Risk Management

Risk Management

  • Exposure of builder, project and property
Mortgage Financing

Mortgage Financing

  • Loan against property
Fraud Detection

Fraud Detection

  • Avoid re-mortgaging of the same property