In present economic scenario hospitality industry like Hotels/ Restaurants/ Lodges/ Guest Houses/ Motels/ Dhabas/ Pizza Centres/ Mess/ Canteen/ Catering Services/ Banquets/ Coffee Shop/ Food and beverage joints with entertainment etc. is gaining momentum and there is change in life style of the people who prefer outings and stay away out for rejuvenation at different locations with family/ friends. This trend has given a boost to Eating Joints, Restaurants and Budget Hotels in all types of cities/ towns/ major highways etc. Keeping in view of the importance of the above segment, a dedicated scheme is felt expedient to be launched for Hotel Industry under the name of BGVB SATKAR SCHEME.
Purpose/Objective:
- To meet credit requirements to purchase land & building and/ or set up a unit for business of Hotels I Restaurants I Lodges I Guest Houses I Motels I Dhabas I Pizza Centres (Franchises) I Mess I Canteen I Catering Services I Service Apartments (a serviced apartment is a fully furnished apartment available for both short-term as well as long-term stays, providing all the hotel-like amenities, such as having room service, a fitness centre, a laundry room, and/or a recreation room) I Banquets I Coffee Shop I food and beverage joints with entertainment I Gaming permitted by law etc. run by themselves .
- To upgrade I Renovate I Expand existing units by purchase of
Furniture and Fixtures I Machineries I Equipments I Vehicles etc.
Eligibility:
- Individual, Proprietorship I Partnership firms, Limited Liability Partnerships
(LLPs), Private I Public Ltd. Cos.