Bank of Baroda has extended three separate facilities for setting up three 5 star hotels..The first facility of Rs. 56 crore ($ 10.3 million) in respect of a 5 star hotel in Chennai in Tamil Nadu. The second loan amounting to Rs. 43 crore ($ 7.9 million) for financing a similar project at Hitech City, Hyderabad while the third facility for financing a similar project at SIPCOT, Chennai in Tamil Nadu for Rs. 50 crore ($ 9.2 million)..HSA Advocates advised Bank of Baroda with a team led by Partner Jagvir Singh along with Senior Associate Nilesh Chandra..Image taken from here
