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MEDICAL, HOSPITALITY & ENTERTAINMENT
Karnataka provides phenomenal tax benefits for healthcare investors. With 39 medical colleges and a prestigious university like Rajiv Gandhi University of Health Sciences, there are adequate human resources. Favourable weather is another big factor for most medical specialists to stay on in Bangalore.
As per the study conducted by National Population Stabilisation Fund and National Informatics Centre, Bangalore would become second in healthcare services in near future. According to the Medical Education minister of the state, an exclusive health city would be developed at the Bengaluru International Airport through PPP in future.
Karnataka State Tourism Development Corporation (KSTDC) would develop hub in 300 acres of land with facilities like private hospitals, diagnostic centers, Ayurvedic resorts and centers offering alternative systems of medicine.
The projects approved by the authority are,
»Narayana Hrudayalaya Ltd to invest Rs.990 crores in 30 acres
»Health care global enterprises ltd to set up Comprehensive Cancer Treatment Centre, Centre of Excellence in Oncology, Nursing College and Training Centre
with an investment of Rs.136 crores spread across 6 acres of area
The proposed projects approved by the authority are as follows:
NARAYANA HRUDAYALAYA SUPER SPECIALITY HOSPITAL
Narayana Hrudayalaya group has Narayana Health City at Bangalore covering 25 acres of land and Rabindranath Tagore International Institute of Cardiac Sciences and Rotary Narayana Nethralaya a Super Specialty Eye Hospital. It has also proposed to set up a super specialty hospital with following features:
»Proposed investment – Rs.990 crores.
»Project Details – to set up 5000 Bed Super Specialty Hospital, Star Category Hotel and Service Apartments.
»Location – KIADB Industrial Area, Near Bangalore International Airport (Singahalli, Bandikodigehalli & Bagalur), Bangalore North Taluk, Bangalore District.
»Employment Generation – 14,600
»Signatory to MOU from Govt – Principal Secretary, Medical Education
BANGALORE TURF CLUB
The Karnataka Government has decided to shift the Bangalore Turf Club (BTC) located in the heart of the city to a new location, Chikkajala in Devanahalli taluk. Bangalore Turf Club with an investment of Rs. 350 crores has been planned to be set up in Devanahalli.
UPCOMING HOTEL PROJECTS AROUND Devanahalli
Zuri Hospitality India (Private) Ltd, Indian arm of the global Zuri Group promoted by a consortium of investors from the Middle East, will soon start work on a new hotel project at Devanahalli, near the new Bangalore International Airport. This 150 room five star hotel is being built at a cost of Rs 200 crore on a 6 acre plot and will be operational in the third quarter of 2011.
Other hotel projects that are set to come up in this region include Oberoi at Bangalore International Airport, Hyatt Residency and Oberoi Luxury hotel in the Hebbal lake area, and Taj Airport Hotel and Holiday Inn at Devanahalli.
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