
Acquisitions24 Jul 2025, 05:31 pm
Global Health Ltd Receives 3.5 Acre Land Offer from Assam Government for Hospital Project
AI Summary
Global Health Ltd, a leading healthcare provider, has received an offer from the Government of Assam for a 3.5 acre land parcel for a hospital project. The land is being offered on a long-term lease for 60 years, with an option for renewal for an additional 30 years. The lease is subject to the payment of an upfront 'Land Lease Charge' of Rs. 56 (fifty six) crore and applicable 'estate charges'. The offer comes in response to the company's request for a substitution of an earlier 3-acre land offer. The company is expecting further details and is currently working on the next steps.
Key Highlights
- Global Health Ltd receives 3.5 acre land offer from Assam Government
- Land offered on long-term lease for 60 years with renewal option
- Land lease charge of Rs. 56 (fifty six) crore and applicable estate charges
- Offer is in response to company's request for land substitution
- Company expecting further details and working on next steps