Tag: Hospitals

Bank loans for hospitals and hotels are not commercial

January 9, 2009 – 1:46 am

Loans extended by banks to hotels and hospitals may no longer be treated as commercial real estate category. The Reserve Bank of India revised norms on real estate exposure where it included loans extended against security of future rent receivables from commercial real estate exposure. The revised norms will not immediately impact banks’ balance sheet. […]

By | Posted in Property News | Also tagged , , , , , , , , , , , | Comments Off on Bank loans for hospitals and hotels are not commercial

Hospital Project by Fortis- With DLF or Emaar?

November 28, 2008 – 2:15 am

Fortis Healthcare Ltd has a strategy to build hospitals with real estate giant Emaar MGF Land Ltd and DLF Ltd appear to be going nowhere amid Fortis’ concerns over the sites that were proposed by both builders. Fortis had signed a memorandum of agreement with DLF in January last year to set up fifteen hospitals in […]

By | Posted in Property News | Also tagged , , , , , , , , , , , , | Comments Off on Hospital Project by Fortis- With DLF or Emaar?

Oberoi Constructions Expands Garden City

January 28, 2008 – 8:52 am

Oberoi Constructions Private Ltd is well-known as leading developer. Now Oberoi group is on the way of expansion. They have decided to set up three ‘Oberoi Garden city’ township in Bangalore, Pune and Hyderabad. Initially they started ‘Oberoi Garden city’ project for Gurgaon east and Mumbai. New three townships will start with an area size […]

By | Posted in Property News | Also tagged , , , , , , , , , , , , , , , , , | Comments Off on Oberoi Constructions Expands Garden City