Hazoor Multi Projects

Hazoor Multi Projects Ltd has informed that a term loan of Rs 9.50 Crores have been sanctioned by Vijaya Bank vide their sanction letter dated November 27, 2007 for a tenure of two years from the date of sanction of the term loan for the Company's real estate development project known as "Hazoor Hill Grand" situated near Ambey Valley, Sahara Lake City, near Lonavala, Dist. Pune. The Company will deploy the term loan proceeds towards the project development. The sanction of the term loan by Vijaya Bank will be impetus to the Company's growth plan.