Nursing Home Seeking Loan in Chennai, India

- Fully functional residential retirement community designed for active senior citizens seeking a safe, comfortable, and engaging living environment.
- Core offering will include senior housing supported by an integrated ecosystem of services including on-site healthcare, housekeeping, laundry, daily dining, wellness and recreational programs, entertainment activities, and organized spiritual tours. Physical assets: Owned DTCP-approved land (~ INR 4 to 5 Cr) with developed infrastructure including CM compound walls, avenue trees, main entrance, security office, model cottages, 2,400 sq. ft. RCC building, 4,800 sq. ft. GI roof building, stone-paved pathways, Auroville-crafted elements, 3 bore wells, and 3 underground water sumps.
The value of these physical assets exceed the loan amount sought, however, these assets are required for the business and cannot be liquidated.

Intangible assets: Promoter expertise and credibility, DTCP approvals, and Phase 1 completion progress. The project is being developed on owned land measuring 11 acres and includes a 2,400 sq. ft. RCC building and a 4,800 sq. ft. GI-roofed building, located in Panapakkam, within Chennai Metropolitan Area. The project has been funded through the owners' own funds so far. It is now moving to the next phase of development, as significant growth and development are taking place around the facility.
There are currently two directors.