Religare Health Trust - Annual Report 2016 - page 44

Portfolio Summary
4 Greenfield Clinical Establishments
LUDHIANA
CHENNAI
HYDERABAD
Greater noida
DESCRIPTION
The proposed hospital at the
Ludhiana Greenfield Clinical
Establishment will be located
on Mall Road, one of the prime
commercial roads in Ludhiana.
The project has commenced
development and is expected
to be completed by FY2017.
DESCRIPTION
The Chennai Greenfield
Clinical Establishment will be
located on First Main Road,
Gandhi Nagar, and will be an
expansion to the Chennai,
Malar Clinical Establishment.
This is still in the development
phase and pending approval
from the local state authorities
to proceed with the expansion.
DESCRIPTION
The Hyderabad Greenfield
Clinical Establishment is
located on the Kukatpally-
Madhapur main road. The
Hyderabad Greenfield
Establishment is currently at a
preliminary development stage.
We are awaiting permission
from the Hyderabad
Metropolitan Development
Authority for the proposed
development.
DESCRIPTION
The Greater Noida Greenfield
Clinical Establishment is
located on Plot No. 2C, Sector
Knowledge Park III, Greater
Noida Industrial Development
Area, Greater Noida. The
Greater Noida Greenfield
Clinical Establishment is
currently at the preliminary
planning stage.
Address
Ludhiana
Nature of Interest
Freehold
Hospital Services Company
Hospitalia Eastern
Private Limited (HEPL)
Interest of RHT in Hospital
Services Company
100.00%
Proposed Care Type
Quarternary
Approximate Land Size (acres)
0.48
Planned Built-up Area (sq ft)
92,835
Potential Bed Capacity
as at 31 March 2016
79
Appraised Value by the
Independent Valuer as at
31 March 2016 (INR m)
417 (S$8.47m)*
(FY15: 403 (S$8.88m)
#
)
Address
Chennai
Nature of Interest
Freehold
Hospital Services Company
Hospitalia Eastern
Private Limited (HEPL)
Interest of RHT in Hospital
Services Company
100.00%
Proposed Care Type
Quarternary
Approximate Land Size (acres)
0.3
Planned Built-up Area (sq ft)
38,072
Potential Bed Capacity
as at 31 March 2016
45
Appraised Value by the
Independent Valuer as at
31 March 2016 (INR m)
251 (S$5.11m)*
(FY15: 221 (S$4.85m)
#
)
Address
Hyderabad
Nature of Interest
33-year leasehold
Hospital Services Company
Hospitalia Eastern
Private Limited (HEPL)
Interest of RHT in Hospital
Services Company
100.00%
Proposed Care Type
Tertiary
Approximate Land Size (acres)
4.0
Planned Built-up Area (sq ft)
400,000
Potential Bed Capacity
as at 31 March 2016
400
Appraised Value by the
Independent Valuer as at
31 March 2016 (INR m)
298 (S$6.05m)*
(FY15: 270 (S$5.95m)
#
)
Address
Greater Noida
Nature of Interest
90-year leasehold commencing
24 December 2004
Hospital Services Company
International Hospital Limited
(IHL)
Interest of RHT in Hospital
Services Company
100.00%
Proposed Care Type
Tertiary
Approximate Land Size (acres)
5.05
Planned Built-up Area (sq ft)
350,000
Potential Bed Capacity
as at 31 March 2016
350
Appraised Value by the
Independent Valuer as at
31 March 2016 (INR m)
622 (S$12.66m)*
(FY15: 622 (S$13.70m)
#
)
*
based on an exchange rate of S$1 = INR 49.17 as at 31 March 2016.
#
based on an exchange rate of S$1 = INR 45.43 as at 31 March 2015.
042
Religare Health Trust
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